Search For "tax"
Cigarette volumes expected to fall as new duty takes effect: Crisil Rating
Updated : 1 month, 4 weeks ago IST
Crisil Ratings reports that the domestic cigarette industry is preparing for a 6-8 per cent volume reduction in the next fiscal year. This follows the imposition of additional excise duties and an increase in GST rates effective February 1. Under the new tax structure, the compensation ce
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Union Budget 2026: Gujarat Inc. Calls for Reforms, Capex Push and Policies
Updated : 1 month, 4 weeks ago IST
New Delhi [India], January 28: As the Union Budget 2026 approaches, Gujarat's leading corporate voices have outlined clear expectations to sustain India's growth momentum and advance the vision of a Viksit Bharat. Industry leaders across manufacturing, infrastructure, healthcare, agriculture
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Patil Automation Secures ₹8.25 Crore Order for Automotive Robotics Systems
Updated : 1 month, 4 weeks ago IST
Pune (Maharashtra) [India], January 28: Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016), a leading provider of turnkey welding, assembly, and robotics-integrated automation systems, has announced the receipt of a domestic purchase order valued at ₹8.25 crore (inclusive of all taxes
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Reducing fiscal deficit without weakening growth to be key focus for Budge
Updated : 1 month, 4 weeks ago IST
India's fiscal deficit is budgeted at 4.4% of GDP in FY26, and policymakers are expected to signal a further consolidation to around 4.0% in FY27, EY said. However, slower-than-expected nominal GDP growth and subdued tax collections have narrowed the room for manoeuvre.
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Key accused in Pakistan-led espionage conspiracy case sentenced two impris
Updated : 1 month, 4 weeks ago IST
The accused has been sentenced to simple imprisonment for a period of 5 years and 6 months, with a fine of Rs 5,000, under Section 18 of the Unlawful Activities (Prevention) Act, and to simple imprisonment of 2.5 years, with a fine of Rs 5,000, under Section 66C of the Income Tax Act, 200
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India-EU FTA set to benefit India's labour-intensive sectors: NSE MD Ashis
Updated : 1 month, 4 weeks ago IST
Highlighting the scale of trade between India and the EU, he said, "The total trade between India and EU -- all countries put together -- is $220 billion in goods and services put together, out of which $135 billion on goods and the remaining are in services. Both areas are covered very well
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Markets seek STT cut, LTCG relief in Budget: NSE's Chief Business Developm
Updated : 1 month, 4 weeks ago IST
Speaking to ANI, Krishnan said, "Market participants have expressed a view that they'd like to see some reduction in STT, which is seen as the major contributor to the cost of trading."
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Budget 2026 should announce tax relief on bank deposits, insurance and pen
Updated : 1 month, 4 weeks ago IST
The central government in the upcoming budget 2026 should announce reforms across taxation, insurance and pension sectors to boost household financial savings, reduce compliance challenges and improve social security coverage in the country, highlighted a report by State Bank of India (SB
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InCorp Advisory, an Ascentium Group Company, Acquires Tech-Enabled Global
Updated : 1 month, 4 weeks ago IST
Mumbai (Maharashtra) [India], January 27: InCorp Advisory, an Ascentium Group company, a leading global business services platform, has announced the acquisition of TMSL, a leading global technology-enabled tax services business. TMSL's credentials in GST, Indirect Tax, and technology-led Ro
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Govt's tax collections remain weak in FY26 so far, likely to improve in FY
Updated : 2 months ago IST
The central government's tax collections have remained weak so far in the ongoing financial year 2025-26 (FY26), with growth significantly lower than budgeted estimates, but the situation is expected to improve in the next financial year, FY27, according to a report by CareEdge Ratings.
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Small business owners seek GST relief ahead of Union Budget
Updated : 1 month, 4 weeks ago IST
Local traders in Hyderabad on Sunday expressed their expectations from the upcoming Union Budget, citing mounting challenges due to rising taxes and increasing procurement costs that are impacting small businesses.
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"High GST rates have reduced consumers' ability to spend": Retailer
Updated : 2 months ago IST
Chaitanya explained, "High GST rates have reduced consumers' ability to spend, leading to a noticeable decline in demand. This fall in consumption has directly impacted retail businesses, particularly small traders who depend on steady daily sales." He noted that while the Central Governm
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