The industry has reacted with notable optimism, particularly regarding the scale of public spending. Amisha Vora, Chairperson & Managing Director of PL Capital - Prabhudas Lilladher, highlighted that the 24 Per cent rise in government capex is "huge" and noted the strategic importance
Presenting the Budget, Finance Minister Nirmala Sitharaman announced a set of indirect tax measures in the Union Budget 2026-27, aimed at further simplifying the tariff structure, supporting domestic manufacturing, promoting export competitiveness, and correcting inversion in duty.
In response to the US tariffs on imports of Indian goods, Union Finance Minister Nirmala Sitharaman on Sunday proposed reducing the tariff rate on all dutiable goods imported for personal use from 20 per cent to 10 per cent.
Presenting the Union Budget 2026-27 in Parliament, Union Finance Minister Nirmala Sitharaman announced the government's plan to establish NIMHANS 2.0, a premier mental health institute in North India, to address gaps in mental health infrastructure. She also announced the duty exemption o
While Vijay has been granted a temporary reprieve to return home for the Pongal festival, CBI sources have confirmed that his legal journey is far from over: he will be summoned again for further questioning at a later date.
The revised framework simplifies the reporting requirement by providing the extension of time for reporting of technical glitches (from one hour to two hours), consideration to the trading holiday's while submitting reports and streamlining the reporting requirement from reporting to all the
A Bench comprising Justice Revati Mohite Dere and Justice Sandesh D Patil, on December 24, 2025, observed that the State Government has no statutory authority to enforce such levies and cannot withhold licenses unless these contributions are made.
The Chief Electoral Officer (CEO) of West Bengal has granted an exemption from personal appearance in Special Intensive Revision (SIR) hearings for students and other individuals who are temporarily residing abroad.
Placing its stand on record, the Centre contended that the GST Council, constituted under Article 279A of the Constitution, is an instrument of cooperative federalism comprising the Union and all States, and is the sole body empowered to recommend GST rates, exemptions and classifications
The Central government has announced a major relaxation for deep-tech startups by exempting the mandatory three-year existence condition for recognition under DSIR's Industrial Research and Development Promotion Programme.
The report said that after the removal of GST, the average health insurance cover increased from Rs 14.5 lakh in the pre-GST period to Rs 19 lakh in the post-GST period. This indicates that people are now choosing higher levels of health coverage, as insurance has become more affordable.<
The Government of India has launched a data-driven "NUDGE" campaign for the Assessment Year 2025-26 to encourage taxpayers to voluntarily review their deduction and exemption claims. This initiative uses risk analytics to identify claims that appear potentially ineligible. According to a rel