Category: Economy
SEZ units can sell locally at lower duty for one year
New Delhi: In a relief to exporters, India has announced a one-time relief measure for units in special economic zones (SEZ), allowing them to sell…
Despite rate reset, GST collection rises on strong consumption
New Delhi: India’s goods and services tax (GST) collections closed on a firm footing in the just-ended fiscal year, with March collections crossing ₹2 lakh…
India permits exports of essential commodities to Maldives for 2026-27
New Delhi, India on Wednesday permitted export of specified quantities of certain commodities like eggs, potatoes, onions, rice, wheat flour, sugar, and dal for the…
New I-T Act marks new chapter in India’s tax administration, step towards Viksit Bharat: CBDT
The Income Tax Act, 2025, which came into force from Wednesday, marks a new chapter in India’s tax administration and is an important step towards…
Lok Sabha passes Jan Vishwas amendment bill
New Delhi, The Lok Sabha on Wednesday passed a bill to amend certain provisions in different laws for decriminalising and rationalising minor offences to further…
RBI says 98.45 pc of withdrawn Rs 2,000 banknotes returned
Mumbai, The Reserve Bank of India (RBI) on Wednesday said 98.45 per cent of the Rs 2,000 banknotes in circulation have been returned. The central…
Parliament passes amendments to IBC to quicken resolution process, reduce backlog
New Delhi: Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) to provide faster resolutions, reduce case backlog and strengthen the financial…
India has adequate seed stock available amid the Israel-Iran war, says govt official
India has adequate seed stock available for the upcoming sowing season, a government official said on Wednesday, as war in the Middle East continues to…
Amaravati bill to restore investor confidence, unlock Rs 56,000-crore for development: Pemmasani
New Delhi: Union Minister of State for Communications and Rural Development Pemmasani Chandra Sekhar Wednesday said that the passage of the Andhra Pradesh Reorganisation (Amendment)…
Dedicated rare earth corridors will reduce import dependence: Govt
The dedicated rare earth corridors proposed in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu aim to reduce import dependence and enhance domestic capability in the…