The Union Budget 2026, presented on Sunday, brought focus on where India’s real estate growth is headed, with data suggesting a gradual shift beyond the country’s biggest metropolitan markets. While Mumbai and Delhi continue to make headlines for Rs 100-crore-plus home sales, industry data shows that the best returns on property investment, on average, are…
Union commerce and industry minister Piyush Goyal on Saturday hailed India’s free trade agreement with the European Union saying that the “mother” will significantly boost New Delhi’s exports to the bloc in upcoming 5 years. The deal, often called the “mother of all deals”, is set to grant duty-free access to 99 % of Indian…
Khasi tribal farmers clean harvested paddy in a field along the Assam Meghalaya border, on the outskirts of Guwahati As part of a broad roadmap to achieve one of its duties (kartavya), govt on Sunday emphasised “targeted efforts” to increase farmers’ income through “productivity enhancement and entrepreneurship”, using cutting-edge technology, including multilingual AI tools, and…
Amid controversy over the Father of the Nation’s name being dropped from the National Rural Employment Guarantee Scheme, the FM on Sunday announced the launch of Mahatma Gandhi Gram Swaraj scheme to strengthen khadi, handloom and handicrafts.“This will help in global market linkage and branding. It will streamline and support training, skilling, quality of process…
UAE E-Invoicing Revolution: How the Looming Digital System Will Transform Business Operations The United Arab Emirates is gearing up for a major tax and digital transformation in 2026–2027 with the rollout of a national electronic invoicing (e-invoicing) system that will fundamentally change how companies issue, process and report invoices. With pilot testing set to begin…
Of 30 Index Stocks, 26 Close In Red At a time when global markets are witnessing high volatility due to geopolitical uncertainties, the hike in securities transaction tax (STT) on derivatives trades hit investor sentiment on Dalal Street on the Budget day. This in turn led to a sharp sell-off that pulled the sensex down…
The government has unveiled a targeted manufacturing push centred on seven strategic and frontier sectors, positioning them as key drivers of job creation, domestic value addition and long-term industrial competitiveness.Presenting the proposals, Finance Minister Nirmala Sitharaman said the strategy is anchored in accelerating growth through focused industrial interventions. Subsidies, Jobs, AI Tool: FM Sitharaman Unveils…
After the new excise duty regime kicked in, cigarette prices have gone up, with a pack of 10 sticks now costing at least Rs 22–25 more than before.This follows the government’s decision to raise taxes on cigarettes for the first time in nearly seven years, bringing India’s tobacco taxation closer to global public health norms….
Finance Commission submits report to President Murmu (Photo credit- PTI ) The 16th Finance Commission has recommended retaining states’ share in the divisible pool of central taxes at 41 per cent, while pitching for outcome-based spending, greater transparency in tax devolution data and stronger fiscal discipline at the state level. The panel said there is…
Buying property from an NRI? Worried about obtaining TAN? Not anymore. To relax the compliance burden, the Budget has proposed that resident individuals and HUFs need not have a Tax Deduction and Collection Account Number (TAN) if they are purchasing a property from a non-resident Indian (NRI). The amendment will take effect from Oct 1,…
