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DOMESTIC SOURCING EXEMPTION
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
India extends solar cells local sourcing deadline for open access, net metering projects till DecemberThe govt has granted a seven-month exemption to renewable energy projects under open access and net metering, allowing them to use imported...
India-UK trade pact comes into force, gold standard of FTA for bothIndia and the UK have operationalized a free trade agreement, enhancing economic ties. This pact allows zero duty entry for many Indian goo...
India draws nearly $10 billion under RBI's overseas deposit drive to support rupee: ReportIndia has attracted about ten billion dollars through a special deposit program. This initiative aims to bolster foreign exchange reserves ...
ETMarkets Smart Talk | Equity, mutual funds, bonds or property: Tax rules every NRI should know: Ritu ShaktawatNRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatme...
ETMarkets Smart Talk | Selling property in India? Here's how NRIs can avoid excess TDS: Trilegal's Himanshu SinhaNRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...
Assam Budget 2026-27: Spotlight falls on polygamy after big announcement by state FM Jayanta Malla BaruahAmong Assam's 2026-27 budget proposals, a major one is that polygamous men will be barred from accessing government schemes. Additionally, ...
India defends itself against US forced labour charges; seeks resolution via trade talks as Trump tariffs loomIndia urged the United States to address tariff concerns through bilateral trade negotiations. New Delhi questioned inconsistencies in Wash...
NITI Aayog holds stakeholder consultation on critical mineral demand, supply chain security amid rising clean energy needsNITI Aayog convened experts to assess India's future critical mineral needs. Discussions focused on demand, supply chain vulnerabilities, a...
American giants warn higher tariffs on India & others may backfire on US' manufacturingSeveral major US companies, including Intel, IBM, Dell, Honeywell Aerospace, Ford, GE Appliances and De Beers, have urged the US Trade Repr...
Air-cooled condenser makers urge review of Chinese firms' entry into thermal power contractsACC systems are used in dry-cooling systems at thermal power plants and are typically sub-contracted as part of larger engineering, procure...
E20 petrol may affect turbocharged engines, damage rubber fuel-system parts in E10 vehicles; no issues found in two-wheelers: ARAI reportIndia has completed its nationwide E20 petrol rollout, which raises concerns for older vehicles. ARAI tests showed mixed results for four-w...
Govt scraps TDS on GIFT City aircraft lease rentalsAirlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...
Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge RatingsIndia faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon defic...
Duty waiver on petrochemical products extended till July 15Indian manufacturers will continue to benefit from a full customs duty exemption on imported petrochemicals until July 15. This extension a...
Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...