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New I-T rules, forms by March; Income Tax Act to take effect from April 1, 2026

New Delhi: The income tax department will notify the new income tax rules and forms by the first week of March, officials said, paving the…

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Share of countries with trade agreement in total trade
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ET Graphics: 60% of India’s trade to shift to preferential terms after EU, US, GCC deals

More than 60% of India’s trade will soon be on preferential terms as the country signs deals with key partners and big blocs. New Delhi…

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Exports may hit $1 Tn in FY27 on new trade deals, tariff cuts

Buoyed by its new trade agreements, India’s goods and services exports in FY27 could rise to a record $1,000 billion in 2026-27, exporters said, as…

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Import tariffs on agriculture items to be phased out over 10 years

The government on Monday said tariffs on imports of several agricultural and intermediate products from the US will be phased out over a period of…

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US may refund small penalties on India over Russian oil buys

The United States may partially refund the penalty imposed on India over imports of Russian crude oil after February 7, when President Donald Trump’s executive…

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India floats draft Digital Trade Facilitation Bill for e-trade documents’ legal recognition

New Delhi: The government Monday sought comments on the draft Digital Trade Facilitation Bill, 2026, a bill that seeks to provide legal recognition, validity and…

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Unfunded OPS likely to exert severe pressure on their finances: MoS Finance

New Delhi, Unfunded Old Pension Scheme (OPS) is likely to exert severe pressure on their finances especially with increasing longevity, which may constrain capital expenditure…

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Commerce Minister Piyush Goyal to meet exporters, industry on Feb 11

New Delhi: Commerce and Industry Minister Piyush Goyal will meet industry associations and export promotion councils on Wednesday. The meeting assumes significance in the wake…

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India offers quota-based auto duty cuts, tariff reduction on alcohol under US trade pact

New Delhi, India will grant quota-based duty concessions in the automobile sector, while access to alcoholic beverages has been offered under tariff reduction and minimum…

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India US trade deal: US India Trade Deal: Tariff cut to 18%, access to $30-trillion market, 0% duty on key agri exports — what the numbers show

Massive tariff cuts, access to a $30-trillion market, and zero duty on key agricultural exports are just a few among the high-impact gains India has…

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