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Modi, Putin vow to deepen bilateral partnership defying Trump tariffs

New Delhi, Aug. 8 -- Prime Minister Narendra Modi and Russian President Vladimir Putin reaffirmed their commitment to further deepening bilateral ties between India and Russia. The two leaders agreed... Read More


Cabinet clears revised Income Tax Bill; to be tabled in Lok Sabha on Monday

New Delhi, Aug. 8 -- The Union cabinet on Friday approved the revised Income Tax Bill, 2025, which simplifies India's six-decade-old direct tax law, said two persons familiar with the development. Th... Read More


Cabinet likely to consider revised Income Tax Bill on Friday

New Delhi, Aug. 7 -- The Union cabinet is likely to consider the Income Tax Bill, 2025 on Friday to reintroduce and pass it in Parliament next week, two persons familiar with the development said. The... Read More


E-way bills at record high in July on robust demand

New Delhi, Aug. 7 -- India's supply chains were humming in July, with e-way bill generation, a key indicator of goods movement across and within states, hitting a record high of 131.9 million. The sur... Read More


E-way bills hit an all-time high in July on robust demand

New Delhi, Aug. 7 -- India's supply chains were humming in July, with e-way bill generation, a key indicator of goods movement across and within states, hitting a record high of 131.9 million. The sur... Read More


Centre wants to pull more small traders and vendors into GST net-by persuasion

New Delhi, Aug. 7 -- The Central government's indirect tax administration plans a gentle approach to pull more retail traders and vendors into the goods and services tax net, unlike Karnataka and Tami... Read More


E-way bill hits record high in July on robust demand, festive stocking and a tariff rush

New Delhi, Aug. 6 -- India's supply chains were humming in July, with e-way bill generation, a key indicator of goods movement across and within states, hitting a record high of 131.9 million. The su... Read More


Anil Ambani appears before ED in alleged fund diversion case

New Delhi, Aug. 5 -- Industrialist Anil Ambani on Tuesday appeared before the Directorate of Enforcement (ED) in connection with an alleged fund diversion case, two people aware of the development sai... Read More


Green hydrogen, quantum computing firms among new state-run ventures set up in July

New Delhi, Aug. 4 -- A Hydrogen Valley Innovation Cluster in Kerala meant to supply green ammonia and hydrogen and Amaravati Quantum Computing Centre Ltd, a pet project of Andhra Pradesh chief ministe... Read More


GST evasion of over Rs.7 trillion detected in five years: Centre

New Delhi, Aug. 4 -- India's indirect tax administration has detected Rs.7 trillion worth of goods and services tax (GST) evasion in 91,000 cases in five years through March 2025. Of this, taxpayers ... Read More