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Govt Cuts GST On Automobiles & Transport Sector To Boost Demand, Create Jobs

New Delhi, Sept. 5 -- The government has announced revised Goods and Services Tax (GST) rates for several categories under the Ministry of Heavy Industries, covering automobiles, components, and relat... Read More


Arbitral Tribunal Not Restricted To Grant Pendente Lite Interest If Agreement or Contract Is Silent About It: Supreme Court

New Delhi, Sept. 5 -- The Supreme Court recently stated that if a contract says no interest on late payments and doesn't mention pendente lite interest during the ongoing case, the arbitral tribunal c... Read More


Textile, Apparel & Handicraft Industry Gain Relief Under New GST Reforms

New Delhi, Sept. 5 -- The 56th meeting of the GST Council has approved a series of tax rationalisations aimed at strengthening India's textile and apparel industry. The measures are expected to reduc... Read More


TDK Launches Advanced Lithium-Ion Battery Manufacturing Plant In Haryana

Chandigarh, Sept. 5 -- TDK Corporation's Advanced Technologies Lithium-ion (Li-ion) Battery Manufacturing Plant was inaugurated on Friday at Sohna, Haryana. Speaking at the inauguration, Union Minist... Read More


GST Refunds On Low-Value Shipments To Benefit MSMEs, E-Commerce Exporters

New Delhi, Sept. 5 -- The Government of India has introduced a set of Goods and Services Tax (GST) rationalisation measures aimed at reducing costs, correcting duty-related distortions, and improving ... Read More


DPIIT Inks MoUs With Pfizer & ICICI Bank To Support Startup Ecosystem

New Delhi, Sept. 5 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into separate agreements with Pfizer Limited and ICICI Bank to expand support for startups across ... Read More


FMCG Sector Gains as Daily Essentials Move to 5% GST Slab

New Delhi, Sept. 4 -- The Fast-Moving Consumer Goods (FMCG) sector is set to benefit after the Goods and Services Tax (GST) Council approved lowering the tax rate on several essential items to 5%. Th... Read More


SEMICON India 2025 Highlights Collaboration as Path to Self-Reliant Chip Industry

New Delhi, Sept. 4 -- At SEMICON India 2025 in New Delhi, industry leaders emphasised that the nation's semiconductor ambitions hinge critically on strong government backing and collaborative efforts.... Read More


CII, Deloitte Applaud GST Council's NextGen GST Reform

New Delhi, Sept. 4 -- The Centre's decision to rationalise Goods and Services Tax (GST) rates under the NextGen GST framework has drawn wide praise from industry leaders and policy experts, who termed... Read More


Made-in-India Chip Designs Showcased By Startups Under DLI Scheme At Semicon India 2025

New Delhi, Sept. 4 -- On the second day of Semicon India 2025, startups supported under the government's Design Linked Incentive (DLI) Scheme showcased chip design projects spanning surveillance, smar... Read More