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Business
To protect domestic industry, the US also levies high tariffs on a variety of...
31 July 2025 12:12 PM IST
New Delhi, July 31: The statement by US President Donald Trump that India's tariffs are way too high does not hold water as several nations, including America itself, protect their domestic businesses by imposing high customs duties on products.According to the World Trade Organisation (WTO)...
Business
In H1 2025, Asia-Pacific logistics rents remain unchanged while India's...
30 July 2025 1:57 PM IST
New Delhi, July 30: India's manufacturing sector hit a 14-month high amid logistics rents across Asia-Pacific held nearly flat in the first half of 2025 (H1 2025), dropping 0.4 per cent year-on-year (YoY) despite global trade tensions and heightened caution among occupiers, a report said on...
Business
The Income Tax Department enables ITR-3 forms to be filed online
30 July 2025 1:12 PM IST
New Delhi, July 30: The Income Tax Department on Wednesday informed that it has enabled online filing of income tax return (ITR) form number 3 (ITR-3). Taxpayers who have business income, income from share trading (such as futures and options), or even investments in unlisted shares can now...
Business
SEBI has sufficient internal procedures in place to deal with conflicts of...
29 July 2025 3:37 PM IST
New Delhi, July 29: The Securities and Exchange Board of India (SEBI) has adequate internal mechanisms for addressing issues relating to conflict of interest, which include a disclosure framework and provisions for recusal, the Parliament was informed on Tuesday.Replying to a question in the...
Business
Black Money: Over a ten-year period, the government raises Rs 35,104 crore in...
29 July 2025 3:22 PM IST
New Delhi, July 29: The government has raised a tax demand of Rs 21,719 crore as a result of assessments completed under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (during July 1, 2015 to March 31, 2025), the Parliament was informed on Tuesday.In...
Business
In just five years, more than 15,206 MW of grid-connected rooftop solar systems...
29 July 2025 3:14 PM IST
New Delhi, July 29: A total of 15,206.68 MW capacity of grid-connected rooftop solar systems has been installed during the last five years across all sectors — residential, government, commercial and industrial, institutional, social and private establishments, the Parliament was informed on...
Business
In 2026–2027, Coal India Ltd. is anticipated to generate one billion tonnes of...
28 July 2025 2:29 PM IST
New Delhi, July 28: India’s total coal production has already crossed the 1 billion tonnes (BT) mark in the financial year 2024-25, and the coal output of the country’s largest company, Coal India Limited (CIL), is targeted to cross the 1 billion tonnes mark by 2026-27, the Parliament was...
Business
NITI Aayog is probably investigating the lifecycle emissions of hybrids and EVs
28 July 2025 2:24 PM IST
New Delhi, July 28: As automakers deliberate upon whether EVs or hybrids should receive government subsidies, NITI Aayog has likely started examining the lifecycle emissions of electric, hybrid, and conventional vehicles to determine which technology is the cleanest.Further, NITI Aayog...
Business
India is accelerating trade agreements, thus the US must respond quickly: Report
26 July 2025 4:36 PM IST
New Delhi, July 26: As India continues to sign trade deals at a blistering pace, the latest one with the UK, the much-awaited pact with the US is yet to see the light of the day amid hectic negotiations from both sides.According to an article in Newsweek, there is still no trade deal with the...
Business
India and the Maldives will strengthen their bilateral collaboration in...
26 July 2025 1:47 PM IST
New Delhi, July 26: The memorandum of understanding (MoU) between India and the Maldives to enhance bilateral collaboration in the fields of fisheries and aquaculture aims to promote sustainable tuna and deep-sea fisheries, strengthen aquaculture and sustainable resource management, foster...
Business
ITR filing: New tax slabs and guidelines to follow before filing
26 July 2025 1:36 PM IST
New Delhi, July 26: Taxpayers filing tax returns for FY25 should be aware of the new income tax slabs and capital gains tax structure brought in by the Union Budget 2024, according to experts.As per new tax slabs, individuals with taxable income up to Rs 12 lakh get full tax rebate under the...
Business
Govt makes tax compliance easier for content creators, influencers
26 July 2025 12:54 PM IST
New Delhi, July 26: This tax season marks a significant change in the filing of returns for social media content creators and influencers, with their income now being classified under a specific category.The Income Tax Department has introduced a new code namely '16021' under Income Tax Return...
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