The bilateral trade deal is expected to protect agriculture, textiles, aluminium and steel industries from ‘reciprocal’ tariffs threatened by Donald Trump
Government has been employing AI to analyse vast data sets, detect anomalies, and flag potential cases of tax evasion. AI-driven systems have been used to scrutinise GST registrations and prevent fraudulent claims for input tax credits.
Nilekani envisions integrating AI into railway’s modernisation efforts to improve safety, prevent accidents, and ensure a more secure travel for passengers across the extensive network.
Tesla will commence its India rollout in the next couple of months with imported EVs, and is unlikely to have any local manufacturing component to begin with. Instead, the government may seek to integrate India into Tesla’s global value chain.
The CBDT has begun the work of redoing all forms, the rule book will be simplified, redundancies done away with.
Investments made in times of all-round pessimism seldom fail to generate positive returns
All of the Fed's policymakers supported keeping its key rate unchanged last month, the minutes said.
The stronger-than-anticipated direct tax inflows provide the government with additional fiscal room.
The scheme will provide term loans ranging from Rs 10 lakh to Rs 2 crore for greenfield enterprises, enabling first-time entrepreneurs to access formal credit through banks.
For FY26, the capex will be in the range of about Rs 28,000-30,000 crore, up from Rs 20,000 crore as previously planned. For FY27, the Capex will be Rs 35,000 crore, instead of Rs 20,000 crore.
The finance minister has said the government’s focus has not shifted from capital expenditure to consumption expenditure
The amount invested in large caps, in fixed income and in gold will determine your portfolio’s ability to cushion volatile shocks from the portion invested in small caps
US President’s tariff tantrums prompt New Delhi to line up initiatives to pacify Washington and blunt the impact of any retaliatory step
Post Modi-Trump meet, India and the US will work towards a more detailed bilateral agreement for nuclear reactors, after the Civil Liability for Nuclear Damage Act (CLNDA) is amended in the Parliament, senior government officials told Moneycontrol.
The sharp fall in inflation, particularly food inflation dropping to 6% from over 8% in previous months, provides the RBI with much-needed policy space.
In tax legislation, sections are individual provisions that outline specific rules, obligations or rights, and serve as the building blocks of the statute, covering specific aspects like tax incidence and compliance procedures.
By definition, reciprocal tariffs mean imposing the same tariff rate on imports from other countries as those countries impose on US exports
A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and minimising room for aggressive interpretation.
The Ministry of Heavy Industries has already reached out to global original equipment manufacturers (OEMs) through the Society of Indian Automobile Manufacturers (SIAM) to gauge investor interest.
Crisil's Chief Economist has projected that the CPI inflation may decline to 4.4 percent in FY26, supported by a healthy kharif and rabi crop. He anticipates another 75–100 basis points in rate cuts by RBI next fiscal.
"It will be simple, with no provisos or complicated language,” Tuhin Kanta Pandey said, highlighting the significant departure from the current structure of tax laws.
Sinha said the Union Budget for FY26 aims to achieve high-impact growth while keeping the fiscal deficit within the 4.4 percent target, ensuring macroeconomic stability
M Nagaraju said that provision of high-quality public services in urban areas will play a significant role in enhancing India’s growth potential
Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be passed on to the consumers, negating the intended benefit of exemption
'The GoM is examining all issues comprehensively and will submit a report. They will have to arrive at some consensus,' Sanjay Agarwal said.
