'Slower FY27 customs revenue growth reflects India's push for competitiveness, trade liberalisation'

New Delhi, Feb. 3 -- The moderation in customs duty revenue growth projected for fiscal year 2027 (FY27) in the Union budget is due to lowering customs duty on raw materials and inputs to make Indian ... Read More

Customs duty collections will grow slower next fiscal. There are two reasons

New Delhi, Feb. 3 -- The moderation in customs duty revenue growth projected for fiscal year 2027 (FY27) in the Union budget is due to lowering customs duty on raw materials and inputs to make Indian ... Read More

Budget 2026 seeks to make tax regime less adversarial, more predictable: official

New Delhi, Feb. 2 -- The fiscal year 2027 (FY27) Union budget signals a broader reset in India's tax policy, combining efforts to reduce disputes and ease compliance for domestic taxpayers with target... Read More

India moves from deficit to a debt-based fiscal pillar to tackle external shocks

New Delhi, Feb. 2 -- India's Union budget for FY27 marks a clear shift in the Centre's fiscal framework, with the government formally moving from a focus on annual fiscal deficit reduction to a debt-t... Read More

Budget 2026: Govt will maintain reform momentum to achieve developed-nation goal, says FM

New Delhi, Feb. 1 -- Finance minister Nirmala Sitharaman said in her Union Budget speech on Sunday that the government would maintain its reform momentum to support India's economic ascent to a develo... Read More

Union Budget FY27 retains states share of central taxes at 41% for FY27-31 period

NEW DELHI, Feb. 1 -- The Union Budget for 2026-27 has proposed to retain the states' share in the central government's divisible pool of taxes at 41% for the five-year period starting FY27, in line wi... Read More

Union Budget FY27: Centre to retain states share of central taxes at 41% for FY27-31

NEW DELHI, Feb. 1 -- The central government has proposed to retain the states' share in the central government's divisible pool of taxes at 41% for the five-year period starting FY27, in line with the... Read More

Government needs a startup mindset, merely making rules isn't enough: Economic Survey

New Delhi, Jan. 29 -- The government needs to play an entrepreneurial role, taking smart risks in emerging areas rather than merely making the rules, the Economic Survey 2025-26 said, pitching for an ... Read More

Industrial output expands 7.8% in December, fastest in two years

New Delhi, Jan. 28 -- India's industrial production expanded 7.8% in December, its fastest growth in two years, aided by strong growth in the manufacturing, mining, and electricity sectors, official d... Read More

Industrial production expands 7.8% in December, fastest in two years

New Delhi, Jan. 28 -- India's industrial production expanded 7.8% in December, its fastest growth in two years, aided by strong growth in the manufacturing, mining, and electricity sectors, official d... Read More

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