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DUTY RATIONALISATION
India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...- India's fiscal policy is evolving to support domestic growth: S&P GlobalIndia is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
- GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Textile sector: Time for a relook as tariff tantrum may soon be history? 5 textile stocks with upside potential of up to 27%The Indian textile and apparel sector has had a stressful year. The US tariffs disrupted orders to the sector’s largest market, squeezed ma...
- Centre deploys CoBRA battalions in Manipur as new DGP takes charge amid tensionsManipur welcomes new DGP Mukesh Singh. Two CRPF CoBRA battalions are deployed to the state. Tensions remain high following the ambush on Ma...
- Ladakh's new excise policy eases restrictions on liquor saleLadakh's new Excise Policy permits hard liquor sales, reduces license documents from 16 to six, and expands availability to four more distr...
- CV industry showing resilience, not much impact of fuel price hike on demand: Ashok Leyland MDThe Indian commercial vehicle sector shows remarkable strength. Fuel price increases from the West Asia conflict have not significantly imp...
- If India wants faster growth, it must first solve its female labour force participation problemIndia's female workforce participation lags behind peer nations. Boosting this rate could significantly increase GDP. Experts suggest focus...
- Alcohol-in-beverage: Karnataka leads India’s next liquor tax experimentKarnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates...
- LG Vinai Saxena approves major wage rationalisation reforms for daily wagers in LadakhLadakh's Lieutenant Governor has approved a significant wage increase for daily, part-time, seasonal, and need-based workers. Skilled worke...
- Supreme Court bats for rationalisation of airfares, asks Centre to provide relief to peopleThe Supreme Court has taken a stand on air travel pricing, urging the government to implement fairer airfare practices. Observing substanti...
- The economy’s next adjustment will come at the pumpIndia faces rising fuel prices to manage its trade deficit. Foreign investors are selling Indian stocks, pressuring the rupee. Higher fuel ...
- Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
- Centre rolls out transparency, safety and other state laws for Chandigarh; check what's newChandigarh's legal framework is set for a major upgrade. The Centre has extended five state laws to the Union Territory. These reforms aim ...
- Energy shock strains India’s growth, fiscal outlook: S&P reportIndia faces economic challenges from Middle East conflict. Energy prices and supply constraints strain finances. Rising bond yields, inflat...
- HSN classification muddle raises costs for battery storage sectorThe industry has sought separate HSN codes, an approved manufacturer list and tighter local content norms, along with clarity on customs du...
- India’s gross GST collections hit record Rs 2.42 lakh crore in April, up 8.7%April saw India's Goods and Services Tax collections soar to an impressive Rs 2.42 lakh crore, showcasing an 8.7% growth from the previous ...
- Revenue loss due to customs duty rationalisation in iron, steel and plastic seen at Rs 10K-15K crThe government is expecting a revenue loss of Rs 10,000-15,000 crore as a result of the recent customs tax recalculation on iron and steel ...
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