Category: Economy
Indians to soon have Rs 2 lakh crore more cash in hand from GST cuts: Nirmala Sitharaman
Finance Minister Nirmala SItharaman on Wednesday said that the Goods and Services Tax (GST) rejig is set to bring to Rs 2 lakh crore in…
India’s exports to US tumble as Trump’s tariff hike bites
India’s exports to the US are falling as high tariffs imposed by the Trump administration have started eroding the price competitiveness of domestic goods in…
India, US to step up efforts for BTA’s early conclusion
New Delhi: India termed on Tuesday’s trade discussions with the US “positive” and “forward-looking” and said the two sides decided to intensify efforts to achieve…
FY26 budget: CBIC sets 2-year period for customs assessments
All provisional assessments under customs will have to be completed within two years as per guidelines notified by the Central Board of Indirect tax and…
Land data to be digitised with ownership rights
The government is planning to create a comprehensive, integrated electronic database of land records that clearly delineates ownership rights in both rural and urban areas…
Real-time labour market info system in the works
The government is planning to develop a labour market information system aimed at improving policy interventions related to employment and skills. The system, being jointly…
US rejects India’s request for WTO consultation on 50% copper tariffs
New Delhi: The US has rejected India’s request for consultations at the WTO on Washington’s 50% tariffs on copper and copper derivative products, arguing the…
Govt makes cybersecurity audits mandatory for crypto exchanges
Mumbai: In the wake of multiple cyber heists, the government has directed all cryptocurrency exchanges, custodians, and intermediaries to undergo cyber security audits. They would…
No tax cut, but luxury goods cos hopeful of indirect gains
Makers of luxury goods, jewellery, high-end bikes and premium chocolates, which will attract the same or slightly higher goods and service tax rates, are increasing…
Govt extends one-time option to employees to opt for UPS
The government has decided to extend a one-time option to central government employees who joined services between April 1, 2025, and August 31, 2025, and…