New Income Tax Bill cleared by Parliament, awaits President's nod

New Delhi, Aug. 12 -- The Rajya Sabha on Tuesday passed the Income Tax Bill, 2025, a day after the Lok Sabha cleared it, paving the way to replace the previous six-decade-old law. It now awaits Presi... Read More

India's direct tax mop-up slips nearly 4% as refunds surge

New Delhi, Aug. 12 -- India's direct tax collections showed early signs of strain in the first five months of the ongoing fiscal year (2025-26), with higher refunds tempering revenue growth, data from... Read More

Retail inflation eases to 1.55% in July

New Delhi, Aug. 12 -- Retail inflation, as measured by the Consumer Price Index (CPI), eased to 1.55% in July, according to data released by the Ministry of Statistics and Programme Implementation (Mo... Read More

Industry body flags EPFO's facial authentication rule

New Delhi, Aug. 9 -- The Association of Industries and Institutions (New Delhi) has urged the government to reconsider a directive by the Employees' Provident Fund Organisation mandating (EPFO) Aadhaa... Read More

States step up July borrowings as capex drive gains pace

New Delhi, Aug. 9 -- State governments sharply ramped up their borrowings in July, with Rs.96,769 crore allotments made through state development loans (SDLs), as they sought to fast-track capital spe... Read More

Industry body flags EPFO's facial authentication rule

New Delhi, Aug. 9 -- The Association of Industries and Institutions (New Delhi) has urged the government to reconsider a directive by the Employees' Provident Fund Organisation mandating (EPFO) Aadhaa... Read More

States step up July borrowings as capex drive gains pace

New Delhi, Aug. 9 -- State governments sharply ramped up their borrowings in July, with Rs.96,769 crore allotments made through state development loans (SDLs), as they sought to fast-track capital spe... Read More

Government e Marketplace records Rs.5.4 trillion in gross merchandise value in FY25

New Delhi, Aug. 8 -- The Government e Marketplace (GeM) marked its ninth Foundation Day this month with a record Rs.5.4 trillion in gross merchandise value (GMV) in FY25, cementing its position as Ind... Read More

States step up borrowing in July as capex drive gains pace

New Delhi, Aug. 8 -- State governments sharply ramped up their market borrowings in July, with Rs.96,769 crore allotments made through state development loans (SDLs), as they sought to fast-track capi... Read More

Industry body flags concerns over EPFO's facial authentication move

New Delhi, Aug. 8 -- The Association of Industries & Institutions (New Delhi) has urged the labour ministry to reconsider a recent directive by the Employees' Provident Fund Organisation (EPFO) mandat... Read More

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