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Karnataka to Impose 1% Fire Cess on New High-Rises; Experts Raise Concerns Over Added Tax Burden

DOWNLOAD IPFS The Karnataka government is set to introduce a new fire safety cess of 1% on the capital value of newly constructed high-rise buildings. This levy, aimed at bolstering the state’s fire-fighting infrastructure, will apply to residential, commercial, and mixed-use towers approved after the rule is notified. The decision[Read More…]

India Boosts Army Air Defense with ₹2,000 Crore BEL Contract for Advanced Radars

Download IPFS In a significant move to bolster India’s indigenous defense capabilities, the Ministry of Defence (MoD) on Friday, July 25, 2025, finalized a contract worth approximately ₹2,000 crore with Bharat Electronics Limited (BEL). This crucial agreement, signed under the “Buy (Indian-Indigenously Designed, Developed, and Manufactured)” category, is for the[Read More…]

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