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New income tax bill to be introduced in Lok Sabha today; primary objectives include ease of paying taxes, more direct rules

The Income Tax Bill will drop several obsolete provisions, decriminalise many offences, introduce the concept of ‘tax year’ and provide a ‘Taxpayer’s Charter’,...
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Economy

India’s electronics industry pushes for boosting US trade ties

India's electronics industry is pushing the government to further enhance trade ties with the US and boost bilateral trade to $750 billion by...
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Economy

Govt, RBI, FC should work together to enforce fiscal discipline in states: NCAER

The Union government, RBI and Finance Commission should work together to enforce fiscal discipline in states, a research paper by the National Council...
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Economy

As Trump’s tariff threats get louder, what’s next for India-US trade ties?

New Delhi: Ahead of Prime Minister Narendra Modi's US visit, India slashed customs duties on a range of products as Washington ratchets up...
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Economy

More steps to lift growth on cards: FM Nirmala Sitharaman in Lok Sabha reply

New Delhi: Finance minister Nirmala Sitharaman on Tuesday pledged more steps to help India retain the world’s fastestexpanding major economy status, while asserting...
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Economy

Thermal coal imports seen falling for second straight year

India's thermal coal imports are expected to fall for the second straight year in 2025 due to decreasing dependence on coal for power...
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Economy

Agri ministry revises guidelines of Market Intervention Scheme to encourage states for implementation

New Delhi, The agriculture ministry has revised guidelines for Market Intervention Scheme (MIS), increasing the procurement limit of crops to 25 per cent...
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Economy

India-Indonesia business ties get fresh boost with Prabowo visit

A number of business meetings, government-government interactions and industry level talks were held alongside the State Visit of President Prabowo Subianto to India...
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