India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensionsThe government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situatio...
18 Jun, 2026, 02.42 PM IST
Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...
18 Jun, 2026, 01.30 PM IST
Supreme Court rejects plea challenging Income Tax break to STs in North EastThe Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states...
18 Jun, 2026, 07.55 AM IST
India readies Rs 12,000 crore push for local battery component manufacturingIndia is set to launch a new incentive scheme to boost local manufacturing of advanced cell battery components. This initiative aims to red...
17 Jun, 2026, 11.57 PM IST
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
17 Jun, 2026, 12.23 PM IST
Government prescribes end to over-the-counter sale of cough syrupsEven in small villages with a population of less than 1,000, where certain remedies including cough syrups were allowed to be sold without ...
17 Jun, 2026, 12.57 AM IST
Centre mandates prescription for syrup-based medicinesChemists must now have a doctor's prescription to sell cough syrups. The government has changed the Drugs Rules, 1945. This stops over-the-...
16 Jun, 2026, 11.12 AM IST
Govt ends over-the-counter sales of all 'syrups'; mandates doctor's prescription for purchaseThe Union Ministry of Health and Family Welfare has mandated that all syrups, including cough syrups, are now prescription-only. This new r...
16 Jun, 2026, 11.06 AM IST
EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and winsA retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF m...
15 Jun, 2026, 10.31 AM IST
Government scraps licensing rule for vehicle safety technologyIndia has taken a bold step by deregulating key radio frequencies, paving the way for innovative advancements in self-driving and collision...
13 Jun, 2026, 12.53 AM IST
Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
13 Jun, 2026, 12.23 AM IST
Blending of E20+ petrol exempt from excise dutyThe government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced e...
12 Jun, 2026, 01.05 PM IST
India waives excise duty on petrol with higher ethanolIndia's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...
12 Jun, 2026, 12.03 PM IST
India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...
12 Jun, 2026, 01.58 AM IST
Petrol, Diesel price today changed amid excise duty relief on ethanol-blended fuel? Check latest rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel price today: Fuel prices remained stable across major Indian cities on June 11, 2026, despite the Centre's excise duty exemp...
11 Jun, 2026, 09.30 AM IST
HC restores pilot's license revoked 15 years ago, says DGCA's suspension order 'illegal'The Bombay High Court quashed a 2011 DGCA order suspending a pilot's license, deeming it illegal for violating natural justice principles b...
10 Jun, 2026, 11.31 AM IST
Duty relief may be extended for petrochemical inputs for pharmaRavi Teja, deputy director at the Department of Commerce, told reporters in Hyderabad on Tuesday that a review is underway for a possible e...
10 Jun, 2026, 12.41 AM IST