The revised guidance, issued by the central board of direct taxes (CBDT), lays down an updated compliance framework for reporting financial...

The government has decided to raise the windfall tax on fuel exports, now charging Rs 3.5 per litre for petrol and a steep Rs 24 per litre ...

India's Oil and Natural Gas Corp will reserve half of its planned oil storage. This new facility will meet the country's strategic petroleu...

India has proposed easing tax rules for offshore investment funds using India-based managers by removing size and investor limits, aiming t...

Wholesale price inflation rose to 9.87 percent in June. This increase was largely driven by global commodity and energy costs. The governme...

India has proposed extending tax exemptions until 2041 for foreign companies supplying machinery and components to contract manufacturers, ...

The Taxation and Other Laws Amendment Bill, 2026 proposes extending electronics tax incentives until 2041, easing rules for foreign investo...

State-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...

Corporate and retail loans fueled bank credit growth during the April-June quarter. Industry and personal loans together accounted for sixt...

Leading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...

India's July GST collections surpassed ₹2.11 lakh crore, showing a 15.4% year-on-year increase. Import GST surged significantly, contributi...

The Ministry of Petroleum defended the Ethanol Blended Petrol Programme against criticisms. It stated petrol prices would have risen signif...

L&T Energy Hydrocarbon Onshore has secured a significant six-year framework agreement. This partnership is with Oman's leading oil and gas ...

Prime Minister Modi directed ministers to safeguard citizens and diaspora from West Asia conflict impacts. He also ordered a dedicated assi...

The government has defended its ethanol blending program, stating no engine damage has been found. Extensive testing and field experience c...

The PNGRB plans to allow third-party capital investment in city gas distribution areas. This move aims to expand natural gas reach and prom...

India plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...