Category: Economy
Commerce Ministry seeks views on allowing FDI in inventory-based e-commerce for exports
The Commerce and Industry Ministry has floated a note seeking views from various central government departments on a proposal to allow foreign direct investment (FDI)…
Meeting FY26 fiscal targets may be challenging amid weak tax growth: Report
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by…
GST revenue in FY26 to exceed budget estimates, says SBI Research
The Goods and Services (GST) revenue for the Financial Year 2026 (FY26) will still be higher than budgeted collections, according to SBI Research. The report…
Sales glut pips tax cut as GST mop-up keeps rising
Gross collections of goods and services tax (GST) rose 4.6% on-year to Rs 1.95 lakh crore in October, reflecting robust local consumption that helped offset…
EPFO rolls out Employee Enrollment Scheme 2025
Labour and employment minister Mansukh Mandaviya, on Saturday, rolled out the Employee Enrollment Scheme 2025, aimed at encouraging employers to voluntarily declare and enrol eligible…
GSTAT: The missing piece in India’s GST framework finally falls in place
Eight years! That’s how long it has finally taken for the Goods and Services Tax Appellate Tribunal (GSTAT) to become operational since the launch of…
GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cuts
Goods and Services Tax (GST) collection rose 4.6% in October, amounting to Rs 1.96 lakh crore, compared to Rs 1.97 lakh crore in October 2024,…
India ready to put its seal on any fair and equitable trade deal: Piyush Goyal
New Delhi: India is looking at ways to bolster foreign direct investment (FDI) and foreign institutional investment (FII), commerce and industry minister Piyush Goyal said…
Russia overtakes Ukraine as India’s top sunflower oil supplier
Russia has been trumping oil exports — and it’s not just crude. Imports of sunflower oil from Russia have shot up twelvefold in the last…
Import curbs on stainless steel relaxed till December 31
The government has relaxed import restrictions on stainless steel, allowing the sale of certain products made from BIS non-compliant steel till December 31. This relaxation…