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India Targets Higher Exports Despite Tariff Pressures, Backed By GST Reforms: Piyush Goyal

New Delhi, Sept. 5 -- Commerce and Industry Minister Piyush Goyal on Thursday said India's exports in the current financial year will exceed those of 2024-25, despite challenges posed by high US tarif... Read More


Switzerland Finalises Regulatory Steps For India-EFTA Trade Pact Effective Oct 1

New Delhi, Sept. 5 -- Switzerland, the largest economy in the European Free Trade Association (EFTA), has completed the regulatory adjustments required to implement the customs concessions under its t... Read More


RBI Council Reviews Macroeconomic Trends, KYC Reforms & Inclusion Strategy

New Delhi, Sept. 5 -- The Sub-Committee of the Financial Stability and Development Council (FSDC-SC), chaired by RBI Governor Sanjay Malhotra, on Thursday reviewed global and domestic macroeconomic an... Read More


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