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Fixing current account deficit key to stablizing rupee: BCG's Janmejaya Sinha

New Delhi, Oct. 14 -- India must address its persistent current account deficit (CAD) to stabilize the rupee and attract foreign investment, said Janmejaya Sinha, chairman of Boston Consulting Group (... Read More


Govt has no plans to reduce import duties on pulses for now: Consumer Affairs Secretary Nidhi Khare

New Delhi, Oct. 14 -- The government has no plans to cut import duties on pulses for now, Nidhi Khare, secretary, consumer affairs ministry, said on Wednesday, as it banks on domestic crop prospects a... Read More


Debate on LTCG, securities tax 'healthy', says Finance Minister Nirmala Sitharaman

India, Oct. 14 -- Finance minister Nirmala Sitharaman on Tuesday acknowledged the debate over long-term capital gains (LTCG) tax and securities transaction tax (STT), as well as the rupee's recent dep... Read More


India tightens tax rules for investments through Mauritius

New Delhi, Oct. 14 -- Foreign investors routing money into India through Mauritius will face greater scrutiny under new tax treaty rules that allow India to deny tax benefits if one of the main reason... Read More


India's long-term bond yields less sensitive to inflation in AI era: NIPFP

New Delhi, Oct. 13 -- The yields on long-term government bonds have become less responsive to inflation expectations since September 2022, whereas the short-term rates have become more responsive, acc... Read More


Centre kicks off FY28 budget planning, seeks new spending proposals

New Delhi, Oct. 13 -- The Centre has begun preparations for the Union budget for fiscal year 2028 (FY28), asking ministries and departments to identify new schemes and spending proposals early and app... Read More


Centre to review GST reforms with states, plug gaps ahead of April 2027 rollout

New Delhi, Oct. 13 -- The Centre plans to review the implementation of the latest Goods and Services Tax (GST) procedural reforms with states in three months to identify gaps and ensure the necessary ... Read More


Are we closer to a good and simple tax regime?

New Delhi, Oct. 12 -- The 57th meeting of the GST Council has recommended a major procedural overhaul of the nine-year-old indirect tax regime, focusing on faster refunds, simpler compliance and reduc... Read More


Sitharaman pitches India investment opportunities to global investors in Singapore

NEW DELHI, Oct. 12 -- Finance minister Nirmala Sitharaman pitched India's investment opportunities to global institutional investors and financial institutions during a four-day visit to Singapore, hi... Read More


Govt weighs export floor price for cotton yarn to ensure domestic supplies

New Delhi, Oct. 8 -- In a first, the government is vetting a proposal to levy a minimum export price (MEP) on cotton yarn to ensure local availability and protect domestic textile manufacturers from a... Read More