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EXEMPTIONS FOR GOVT
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...- FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption moveForeign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...
- Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gainsIndian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settlin...
- Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market reboundIndian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a stre...
- NHAI toll exemption list to be reduced: Govt may end toll exemptions for someThe central government is considering reducing toll exemptions for vehicles of senior government officials on national highways. A high-lev...
- Govt exempts customs duty on cotton imports for five monthsThe government has announced a five-month customs duty exemption on cotton imports starting June 1. This move aims to increase raw material...
- Centre waives customs duty on cotton imports till October 30Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's ...
- Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
- Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...
- UP smart meter update: Will apartment and society prepaid meters also shift to postpaid? Check full details hereUttar Pradesh government has discontinued the prepaid system for smart electricity meters and shifted to postpaid billing. However, this ch...
- EPFO overhauls PF trust rules: Risk-based audits, 2% interest cap on exempted establishmentsNew rules are set for companies managing their own provident fund trusts. Mandatory annual audits are replaced by a risk-based system. Inte...
- West Asia War: Bulk diesel buyers switch to pumps, add to OMC lossesWest Asia War: Oil companies face a 30-50% drop in diesel sales to bulk customers. Large buyers are now purchasing fuel from retail pumps w...
- Indian refiners pay for Iran oil in yuan via ICICI Bank, sources sayIndian refiners are making payments for Iranian oil using Chinese yuan. This is happening through ICICI Bank's Shanghai office. Indian Oil ...
- Delhi draft EV Policy 2026 proposes subsidy up to Rs 30,000 for e-two-wheelers; no road tax or registration fee for most EVsDelhi's new EV Policy 2026 offers significant subsidies for electric vehicles. Buyers of electric two-wheelers could receive up to Rs 30,00...
- Delhi to ban new petrol two-wheelers from 2028: Govt proposes 100% tax relief for EVs up to ₹30L; Check major benefits for citizens switching to EVsThe Delhi government has released the draft Electric Vehicle Policy 2026-2030 for public feedback. Key proposals include banning new petrol...
- Rs 11,250 monthly Children Education Allowance and Hostel Subsidy: Can govt employees claim these during suspension, retirement or removal?A government servant is entitled to claim reimbursement for the amount paid towards the education of their children. The amount for reimbur...
- European alcoholic drinks companies seek India tariff relief as shortages of cans, bottles loomIndian liquor firms are grappling with rising costs for glass bottles and cans. Supply chain disruptions, linked to the Iran war, are causi...
- Delhi tightens LPG supply norms, links commercial access to PNG transitionDelhi businesses must now have or apply for piped natural gas connections. This new rule applies in areas with existing PNG infrastructure....
- Feeling the heat of Iran war: Plan afoot to raise induction cooktop, utensil outputIndia is planning to increase the production of induction cooktops and electric cookers. This move comes as demand surges due to disruption...
- Rajnath Singh to head Inter-Ministerial Group on Middle East conflictAn Inter-Ministerial Group, led by Defence Minister Rajnath Singh, has been formed to address Middle East conflict concerns. The government...
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