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Centre Cuts Diesel Export Duty and Windfall Tax From September 1

India, Sept. 2 -- The Centre has reduced the export duty on diesel to Rs 1 per litre from Rs 3 and cut the windfall tax to Rs 19 per litre from Rs 24, effective September 1, lowering the overall tax b... Read More


Districts as Export Hubs Scheme Expands to Over 770 Districts

India, Sept. 2 -- The Centre's Districts as Export Hubs (DEH) initiative has expanded to more than 770 districts across India, promoting district-led export growth. The programme identifies products a... Read More


GST Collections Rise 14.8% to Nearly Rs 2 Lakh Crore in August

India, Sept. 1 -- India's GST collections rose 14.8% year-on-year to nearly Rs 2 lakh crore in August 2026, reflecting continued strength in tax revenues and a sharp increase in collections from impor... Read More


UPI Transactions Rise 22% to 24.51 Billion in August

India, Sept. 1 -- India's UPI transactions surged to 24.51 billion in August, registering a 22% year-on-year increase, according to data released by the National Payments Corporation of India. The val... Read More


Commercial LPG, Jet Fuel Prices Rise as ATF Gets Dearer

India, Sept. 1 -- State-owned oil marketing companies have raised the prices of commercial LPG cylinders and aviation turbine fuel (ATF), increasing costs for businesses and domestic airlines. The pri... Read More


Jal Shakti Summit to Boost Water Security and Centre-State Ties

India, Sept. 1 -- The Ministry of Jal Shakti Departmental Summit will bring together political leaders and senior officials from the Centre and States in a major push towards strengthening cooperative... Read More


India Q1 GDP Growth at 7.8% Shows Strong Economic Resilience

India, Sept. 1 -- India's Q1 GDP growth of 7.8% in FY 2026-27 has highlighted the resilience of the country's economy, with experts pointing to strong consumption, rising investment and sustained gove... Read More


Semicon 2.0 May Attract Rs 5 Lakh Crore Private Investment

India, Aug. 31 -- The electronic system design and manufacturing industry has welcomed the government's notification of the Rs 1.27 lakh crore Semicon 2.0 programme, saying the initiative could cataly... Read More


Semicon 2.0: Govt Notifies Rs 1.27 Lakh Crore Chip Scheme

India, Aug. 31 -- The government has notified the Semicon 2.0 scheme with an outlay of Rs 1.27 lakh crore to strengthen India's semiconductor ecosystem. The initiative provides fiscal support across c... Read More


ITR Filing Deadline Today: Non-Audit Taxpayers Urged to File

India, Aug. 31 -- Taxpayers with non-audit business or professional income must file their Income Tax Returns for AY 2026-27 by August 31, 2026. The Income Tax Department said over 7 crore returns hav... Read More