diff --git a/README.md b/README.md
index ba5dbfcafe..84bd1e436d 100644
--- a/README.md
+++ b/README.md
@@ -12,6 +12,7 @@
 [![Ruff](https://img.shields.io/endpoint?url=https://raw.githubusercontent.com/charliermarsh/ruff/main/assets/badge/v2.json)](https://github.com/charliermarsh/ruff)
 [![pre-commit](https://img.shields.io/badge/pre--commit-enabled-brightgreen?logo=pre-commit)](https://github.com/pre-commit/pre-commit)
 [![DOI](https://zenodo.org/badge/DOI/10.5281/zenodo.8176570.svg)](https://doi.org/10.5281/zenodo.8176570)
+[![FAIR checklist badge](https://fairsoftwarechecklist.net/badge.svg)](https://fairsoftwarechecklist.net/v0.2?f=31&a=32113&i=32322&r=133)
 
 ## About
 
diff --git a/docs/changes/newsfragments/294.misc b/docs/changes/newsfragments/294.misc
new file mode 100644
index 0000000000..5230b082e9
--- /dev/null
+++ b/docs/changes/newsfragments/294.misc
@@ -0,0 +1 @@
+Update ``pyproject.toml`` and add FAIR shield in ``README.md`` by `Synchon Mandal`_
diff --git a/pyproject.toml b/pyproject.toml
index cb6d1f527d..13e09a6df5 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,9 +1,5 @@
 [build-system]
-requires = [
-  "setuptools >= 61.0.0",
-  "wheel",
-  "setuptools_scm[toml] >= 6.2"
-]
+requires = ["setuptools>=64", "setuptools_scm>=8"]
 build-backend = "setuptools.build_meta"
 
 [project]
@@ -45,9 +41,9 @@ dependencies = [
     "pandas>=1.4.0,<2.2",
     "nibabel>=3.2.0,<5.11",
     "nilearn>=0.9.0,<=0.11.0",
-    "sqlalchemy>=1.4.27,<= 2.1.0",
+    "sqlalchemy>=1.4.27,<=2.1.0",
     "ruamel.yaml>=0.17,<0.18",
-    "importlib_metadata; python_version < '3.10'",
+    "importlib_metadata; python_version<'3.10'",
     "h5py>=3.8.0,<3.10",
 ]
 dynamic = ["version"]
@@ -153,7 +149,7 @@ extend-exclude = [
     "examples",
     "tools",
 ]
-extend-ignore = [
+ignore = [
     # Use of `functools.lru_cache` or `functools.cache` on methods can lead to
     # memory leaks. The cache may retain instance references, preventing garbage
     # collection.
@@ -187,6 +183,8 @@ known-third-party =[
     "nilearn",
     "sqlalchemy",
     "yaml",
+    "bct",
+    "neurokit2",
     "pytest",
 ]