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

The August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up...

The Union government released an additional Rs 1,09,019 crore tax devolution on August 1, 2026. This amount is separate from the scheduled ...

New Zealand's Recognised Seasonal Employer scheme will see reforms starting in 2027. These changes aim to simplify recruitment and improve ...

Bloomberg Index Services has deferred a decision on including Indian government bonds in its Global Aggregate Index, saying recent market r...

Maldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...

India's position in structural and global rankings has improved from 82nd to 57th as per a statement by the Ministry of Commerce & Industry.

Japan posted a 5.06 trillion yen ($31 billion) surplus in its special foreign exchange reserves account in FY2025, the second-highest on re...

India advanced 25 places to rank 57th globally in a competitiveness index. This improvement reflects sustained efforts in reducing market d...

The government has clarified no LTCG tax scrapping for foreign investors. Only investments in Government Securities now receive tax exempti...

India's finance ministry stressed faster policy responses and stronger implementation for investment. The economy shows resilience despite ...

Global uncertainties resurface, impacting the worldwide economic outlook significantly. Resilient domestic demand continues to support Indi...

Long Term Capital Gain: The Finance Ministry has denied contemplating the scrapping of LTCG tax on equities for domestic investors. There i...

The urban programme will support implementation of the Urban Challenge Fund by strengthening urban institutions, improving integrated plann...

Prime Minister Narendra Modi chaired a high-level meeting reviewing future action agendas. Discussions focused on finance, commerce, and te...

Finance Minister Nirmala Sitharaman urged tax officials to ensure taxpayer convenience. She stressed firm action against tax evasion and ec...