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Coimbatore (Tamil Nadu) [India], April 9 (ANI): Union Minister for Commerce and Industry Piyush Goyal on Thursday launched a sharp attack on the ruling DMK government of Tamil Nadu, saying that they pushed backwards due to corruption and poor governance. Addressing the media here, he further claimed that drug abuse has adversely affected the youth and accused the government of enabling a deteriorating administrative environment compared to the tenure of former Chief Minister J Jayalalithaa. He ...Read More >
Chandigarh: Punjab has exceeded its excise revenue target for 2025-26, collecting Rs 11,782 crore till March 31. The amount is Rs 582 crore more than the revised target of Rs 11,200 crore.Announcing the figures, finance, planning, excise and taxation minister Harpal Singh Cheema attributed the gains to tighter enforcement and a trade-friendly policy regime. "Significantly, excise revenue has nearly doubled over the past four years, rising from Rs 6,254.8 crore to Rs 11,782 crore. A new target of ...Read More >
NEW DELHI, April 7 (Reuters) - India plans to roll out sovereign credit guarantees on loans worth $26.7 billion, aimed at supporting businesses, particularly small firms, affected by the Middle East crisis, two government sources said. Businesses, such as textile and glass makers, have been hit by disruptions to supply from the Middle East due to the U.S.-Israeli war with Iran. At the same time India, the world's third-largest oil importer, also faces the risk of rising inflation and slower gr ...Read More >
Chandigarh: Punjab finance minister Harpal Singh Cheema on Monday said the state taxation department recovered Rs 1,137.8 crore during 2025-26 as part of its crackdown on tax evasion, claiming a sharp rise in enforcement and revenue realisation.In a statement, Cheema said the department imposed penalties of Rs 1,383.1 crore during the financial year, of which over Rs 1,137 crore had already been recovered.He said inspection-based enforcement was the main driver, accounting for Rs 1,215.9 crore i ...Read More >
Chandigarh, Apr 6 (PTI) Punjab Finance Minister Harpal Singh Cheema on Monday said the state government has achieved record enforcement outcomes in the financial year 2025-26, marking a decisive shift towards intelligence-led action and robust revenue protection. Cheema said, "Driven by the focused and intelligence-led actions of the State Intelligence and Preventive Units, the state taxation department imposed massive penalties amounting to Rs 1,383.11 crore during the year." Out of this impos ...Read More >
Patna, April 4 (UNI) Bihar has recorded a total revenue collection of Rs 43,324.79 crore in the financial year 2025-26, marking a significant achievement for the state's commercial taxes department. Bihar Finance minister Bijendra Prasad Yadav said the collection includes revenue from Goods and Services Tax (GST), VAT and other sources, reflecting a 4.09 per cent increase over the previous fiscal. The state had collected Rs 41,623.96 crore in 2024-25. Highlighting the performance, the minister ...Read More >
Shri Rajesh Kumar has assumed charge as Director (Finance) at REC Limited on 2nd April 2026. On 25th March 2026, the Appointments Committee of the Cabinet (ACC) approved the proposal from the Ministry of Power for the appointment of Shri Rajesh Kumar as Director (Finance) at REC Limited for a period of five years. Rajesh Kumar is a seasoned finance professional who brings over 30 years of extensive experience in the public sector, specifically in the power and infrastructure financing domains. ...Read More >
The Lok Sabha on Wednesday passed the Jan Vishwas (Amendment of Provisions) Bill 2026, which amends 80 Central Acts to decriminalise offences and replace them with graded civil penalties, by a voice vote. The Bill was introduced in the Lok Sabha on March 27. During the debate, Opposition members questioned the move to convert criminal liability into a penalty, which makes it "easy" for corporations to get away with a fine. They added if the Bill is passed, it would take away the work of the cou ...Read More >
Chandigarh (Punjab) [India], April 3 (ANI): After AAP MP Raghav Chadha was removed as the party's deputy speaker in Rajya Sabha, Punjab Chief Minister Bhagwant Mann on Friday said that those who "break party lines" should be subjected to action. However, CM Mann clarified that the removal of Chadha from the post in Parliament's Upper House is a regular part of the party's functioning. "This is regular party functioning... It is his call on what statement he wants to make. Those who break party ...Read More >
New Delhi, April 3: The Aam Aadmi Party (AAP) launched a sharp attack on its Rajya Sabha MP Raghav Chadha, accusing him of indulging in "soft PR" and avoiding key political issues in Parliament, a day after he was removed as the party's Deputy Leader in the Upper House. Delhi AAP president Saurabh Bharadwaj on Friday alleged that Chadha failed to adhere to the party's political line on several occasions and distanced himself from crucial opposition actions. "We all are soldiers of Arvind Kejri ...Read More >
New Delhi [India], April 3 (ANI): Aam Aadmi Party leader Anurag Dhanda hit back at AAP MP Raghav Chadha, following his remarks on removal as the party's deputy leader in Rajya Sabha. In an 'X' post, Dhanda stressed that Chadha has been "scared" from past few years and has hesitated to speak against PM Narendra Modi. The AAP leader stated that the party get little time to speak in Parliament, under which it can either save the nation or call out for "making samosas cheap at the airport." Dhand ...Read More >
New Delhi: After the Aam Aadmi Party (AAP) replaced him as the party's deputy leader in the Rajya Sabha, MP Raghav Chadha on Friday issued a strongly worded response, saying he may have been "silenced, but not defeated. In a post on X, Chadha questioned the reasons behind being prevented from speaking in Parliament. He said he consistently raises issues affecting the common people and asked whether doing so amounts to any wrongdoing. "Whenever I get a chance to speak in the Parliament, I raise ...Read More >
New Delhi [India], April 3 (ANI): In a direct attack on the Aam Aadmi Party following his removal as the party's Deputy leader in the Rajya Sabha, AAP MP Raghav Chadha on Friday said his silence in Parliament should not be mistaken for defeat. In a post on X, Chadha questioned the reasons behind being prevented from speaking in Parliament. He said he consistently raises issues affecting the common people and asked whether doing so amounts to any wrongdoing. "Whenever I get a chance to speak in ...Read More >
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday said the state government is committed to making Himachal a self-reliant economy by 2027 and a prosperous state by 2032, asserting that structural reforms initiated during the recently concluded Budget Session would accelerate growth. Addressing the media on the final day of the assembly session, Sukhu said that despite presenting a relatively smaller budget compared to the previous year, there was no financial crisis. "We have ...Read More >
New Delhi [India], April 3 (ANI): Prime Minister Narendra Modi on Thursday welcomed the passage of the Jan Vishwas (Amendment of Provisions) Bill, 2026, in Parliament, calling it a major step towards enhancing 'Ease of Living' and 'Ease of Doing Business' in the country. In a post on X, the Prime Minister said, "A big boost to 'Ease of Living' and 'Ease of Doing Business'... It's a matter of immense delight that Parliament has passed the Jan Vishwas (Amendment of Provisions) Bill 2026." Highli ...Read More >
In this image posted on April 2, 2026, LoP in the Lok Sabha and Congress leader Rahul Gandhi waves, as others look on, during a public meeting, in Assam. Picture: X/@INCIndia via PTI GUWAHATI In its manifesto for the April 9 Assembly elections in the State, the Congress has promised Scheduled Tribe (ST) status for six communities, the formation of an Anti-Corruption Commission to probe scams by the Himanta Biswa Sarma government, a white paper on Assam's financial condition, and an Urban Flood ...Read More >
Guwahati: Congress leader Rahul Gandhi on Thursday released the party's manifesto for the 2026 Assam assembly election in Karbi Anglong, while AICC leader Pawan Khera released it almost simultaneously in Tezpur. The manifesto promises Scheduled Tribe status for tea tribes and five other communities.BJP, in its manifesto released earlier, said it will actively pursue the central govt to implement the recommendation of the Group of Ministers in respect of ST status to the six communities of Koch R ...Read More >
New Delhi: Markets regulator Sebi on Thursday proposed reintroducing buyback of shares from the open market through stock exchanges as an additional method for companies to repurchase shares, following changes in the taxation framework. This mechanism was discontinued effective April 1, 2025, due to concerns regarding the equitable treatment of shareholders and implications arising from the then-prevailing taxation framework. "The reintroduction of this method of buy-back would provide compani ...Read More >
New Delhi, Apr 2: Markets regulator Sebi on Thursday proposed reintroducing buyback of shares from the open market through stock exchanges as an additional method for companies to repurchase shares, following changes in the taxation framework. Proposal to reintroduce stock exchange route This mechanism was discontinued effective April 1, 2025, due to concerns regarding the equitable treatment of shareholders and implications arising from the then-prevailing taxation framework. "The reintroduc ...Read More >
New Delhi, Apr 2 (PTI) Extending moratorium in the WTO on import duties for cross-border electronics transmission for longer period will bring more certainty and predictability to businesses, Commerce and Industry Minister Piyush Goyal said on Thursday. The 14th ministerial conference, which concluded in the early hours on March 30 in Yaounde, the capital city of Cameroon, failed to reach a consensus on the moratorium. "We discussed it amongst the ministers, and we were generally of the opinio ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): The Securities and Exchange Board of India (SEBI) on Thursday released a consultation paper seeking public comments on a proposal to re-introduce buy-back of shares through the open market via stock exchanges as an additional method under the SEBI (Buy-Back of Securities) Regulations, 2018. The proposal aims to address the issues of the earlier open market buy-back route, which was discontinued from April 1, 2025, following concerns related to equita ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): The Securities and Exchange Board of India (SEBI) on Thursday released a consultation paper seeking public comments on a proposal to re-introduce buy-back of shares through the open market via stock exchanges as an additional method under the SEBI (Buy-Back of Securities) Regulations, 2018. The proposal aims to address the issues of the earlier open market buy-back route, which was discontinued from April 1, 2025, following concerns related to equita ...Read More >
Shimla, Apr 2 (PTI) The 16-day Budget session of the Himachal Pradesh Assembly drew to a close on Thursday, with costs incurred for state guests, entry tax for outstation vehicles, and training schemes for craftsmen dominating the Question Hour during the final sitting, officials said. In a written reply to a question raised by MLA Lokendra Kumar, Chief Minister Sukhvinder Singh Sukhu said a total of 426 people were declared "state guests" between January 1, 2023, and January 31, 2026. Among th ...Read More >
Shimla (Himachal Pradesh) [India], April 2 (ANI): The Chief Minister of Himachal Pradesh, Sukhvinder Singh Sukhu, on Thursday said the state government is committed to making Himachal a self-reliant economy by 2027 and a prosperous state by 2032, asserting that structural reforms initiated during the recently concluded Budget Session would accelerate growth. Addressing the media on the final day of the Assembly session, Sukhu said the government had ensured constructive debate and incorporated ...Read More >
New Delhi [India], April 2 (ANI): Rajesh Kumar has assumed charge as Director (Finance) at REC Limited on April 2. On March 25, the Appointments Committee of the Cabinet (ACC) approved the proposal from the Ministry of Power for the appointment of Rajesh Kumar as Director (Finance) at REC Limited for a period of five years. Also Read | Mock Drill on Hostile Attack in Delhi at 8 PM Today? Here's the Fact Check of the Viral Notice. Rajesh Kumar is a seasoned finance professional who brings over ...Read More >
Sebi is looking at bringing back open market share buybacks via stock exchanges. This method was stopped earlier due to transparency and price discovery worries. Companies could soon have this as another option alongside tender offers. The regulator aims to improve capital returns for firms. This move could make capital allocation more dynamic for listed companies. India's market regulator Sebi is considering re-introducing open market share buybacks through the stock exchange mechanism, a rout ...Read More >
Mumbai: The Income Tax Department has introduced a new website called 'Kar Saathi' to make filing income tax returns (ITR) simpler and faster. It is designed as an AI-powered assistant that helps taxpayers understand and complete their tax-related work easily. According to the department, the platform brings all income tax information together in one place. It is built to be easy to use, quick to navigate, and helpful for both new and existing taxpayers. AI Support For Taxpayers 'Kar Saathi' ...Read More >
New Delhi, Apr 2 (PTI) Markets regulator Sebi on Thursday proposed reintroducing buyback of shares from the open market through stock exchanges as an additional method for companies to repurchase shares, following changes in the taxation framework. This mechanism was discontinued effective April 1, 2025, due to concerns regarding the equitable treatment of shareholders and implications arising from the then-prevailing taxation framework. "The reintroduction of this method of buy-back would pro ...Read More >
New Delhi: In a significant regulatory move, the Securities and Exchange Board of India on Thursday proposed bringing back open market share buybacks through stock exchanges, following recent changes in the tax framework. In a consultation paper, the market regulator suggested that companies should once again be allowed to repurchase their shares directly from the secondary market as an additional option under existing buyback rules. This method had been discontinued earlier due to tax-related ...Read More >
Bengaluru, April 2: Karnataka government has decided to withdraw the tax exemption extended to electric vehicles, which was introduced to promote cleaner mobility. New tax structure for EV four-wheelers While the two wheelers continue to enjoy the facility, the four wheelers tax structure will range from 5% to 8% of the vehicle costs, depending on the price of the vehicle. Cars priced up to ₹ 10 lakh will pay a lifetime tax of 5%, while the cars priced between ₹ 10 lakh and ₹ 25 lakh will pay ...Read More >
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