BUSINESS
Tax return filing for AY 2026–27 to continue under Income Tax Act, 1961 forms
Officials said that substantive changes under the new framework—particularly on data sharing and third-party reporting—will take effect only in subsequent years.
BUSINESS
Financial bids from Kotak, Emirates NBD, Fairfax received for IDBI Bank privatisation
The three bidders were allowed to move to the final stage of the process after completing due diligence and clearing the technical bid stage.
BUSINESS
Financial bids received for IDBI Bank privatisation; will be evaluated: DIPAM secy
Offers submitted will be assessed as per prescribed procedure, DIPAM secretary says
BUSINESS
Minimum import price to anchor India’s farm protection in US trade deal
MIP is a govt-notified floor value, below which imports of a particular product cannot be assessed by customs.For.example, if apples are imported at a 55% tariff, and the notified MIP is Rs 80 per kg, customs will calculate duty at Rs 80 per kg.
BUSINESS
Only about 100 IT firms outside safe harbour; CBDT chairman assures APAs within two years for rest
The intent is very clear, no company in the IT, IT-enabled services or KPO space should be left without an avenue for tax certainty, whether through safe harbour or through APAs.
BUSINESS
States’ capex loans to be tied to 'new reforms' in FY27; Centre releases Rs 69,000 crore for FY26
The outlay under the 'tied component' could be Rs 1.2 lakh crore -- of the total Rs 2 lakh crore outlay -- for FY27
BUSINESS
India’s tariff overhaul tackles global optics as trade deals expand: CBIC Chairman, Vivek Chaturvedi
CBIC chairman Vivek Chaturvedi told Moneycontrol in an exclusive interview that tariffisation and exemption clean-up align published rates with actual duties, improve predictability for trade
INDIA
India-US trade deal to benefit all sectors like textile, marine, engineering, says DEA secretary
DEA secretary says textile, marine, engineering sectors to benefit from India-US trade deal
BUSINESS
India-US trade deal ends uncertainty; Govt foresees economic buoyancy and private investment surge
On the details of the deal, Economic Affairs Secretary Anuradha Thakur said that "there is no clarity as of now on the Indian market opening up to U.S. agricultural products."
INDIA
India has room to manage crude imports even if Russian oil supplies shrink
The country's crude import bill could rise by $3-4 billion a year if India loses access to discounted Russian oil, according to Kpler
INDIA
'Just-in-time' funding cutting interest burden; Centre curbed Rs 1 lakh crore 'parking' in state treasuries, says expenditure secretary
The Expenditure Secretary said that the government is reviewing its Centrally Sponsored Schemes, and some of them may be merged or closed down next financial year – in case they are not found to be impactful.
BUSINESS
Why Govt believes that increase in STT is essential to protect investors
A report by the Securities and Exchange Board of India showed that 91% of retail individual traders incurred net losses in the Futures and Options (F&O) segment during FY 2024-25.
BUSINESS
FM Sitharaman plays down FII outflow fears over STT hike, says India investments can’t hinge on F&O trades
Sitharaman says Budget move on equity derivatives should not be linked to foreign fund behaviour, stresses retail investor protection; links gold volatility to global uncertainty.
BUSINESS
Revised IBC amendment bill expected to be taken up in Parliament after recess: Nirmala Sitharaman
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 was referred to a parliamentary select committee last year. The first phase of the budget session ends February 13 and Parliament will reconvene from March 9 to April 2
BUSINESS
Buyback tax change is a relief for investors, not a new levy: Revenue Secretary
"We have put the tax at the hands of the shareholder as a capital gains tax, which long term will be only 12.5 percent. That is a correction and relief given to shareholders."
BUSINESS
Budget 2026 | FM projects FY27 nominal growth at 10%
Growth assumption comes amid the global uncertainties.
BUSINESS
Budget 2026 | Customs duty rationalisation targets manufacturing, exports and energy transition
Finance minister pares exemptions, tweaks tariffs across sectors from electronics and aviation to critical minerals and nuclear power
BUSINESS
Budget 2026: Govt has maintained fiscal prudence along with capex push, says FM Sitharaman
Finance Minister Nirmala Sitharaman says public investment drive continues alongside macroeconomic stability
BUSINESS
DIPAM sets February 5 deadline for final IDBI Bank bids
Invite for final bids along with bid documents sent to Fairfax India Holding, Kotak Mahindra Bank, Emirates NBD around third week of January, say sources.
BUSINESS
Economic Survey says shipbuilding vital to strategic resilience push
The government’s four-pillar maritime plan, approved in September, targets capacity expansion, financing depth and green shipbuilding, with incentives running till 2036
BUSINESS
Economic Survey says govt could amend Companies Act to ease equity monetisation
The Survey pointed out that current legal constraints are limiting further disinvestment in a significant share of listed CPSEs.
BUSINESS
Deregulation Phase II rolled out in January 2026, expands compliance reduction push: Economic Survey
The Economic Survey brings together these three elements – state capacity, the society, and deregulation – in the pursuit of Viksit Bharat
BUSINESS
Centre on course to meet 4.4% FY26 fiscal deficit target, says Economic Survey
Conservative fiscal management, higher quality spending and capital expenditure focus strengthened credibility, contributing to sovereign rating upgrades, the survey has said
BUSINESS
Economic Survey revises medium-term growth potential to 7%
Survey says cumulative impact of reforms, strong macro stability and higher investment have lifted potential growth from 6.5 percent, with domestic drivers anchoring outlook amid global uncertainty
