The Supreme Court has ruled that educational consultancy services provided to foreign universities on a principal-to-principal basis are considered exports, eligible for GST refunds. This decision clarifies that such service providers are not intermediaries, even if Indian students benefit, offering…
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The Indian business community remains optimistic about the country’s economic trajectory despite global headwinds, according to the latest ‘Pre-Budget Survey 2026-27’ released by the Federation of Indian Chambers of Commerce and Industry (FICCI). The survey reveals that nearly 80 per…
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India Inc anticipates a 9% median salary increase in 2026, mirroring last year’s actual growth. Companies are shifting towards ‘precision pay,’ strategically investing in high-impact roles and scarce skills rather than broad-based increments. This approach prioritizes stability, critical capabilities, and…
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PwC India’s “AI Edge for Viksit Bharat” report, released at the World Economic Forum, projects AI could add $550 billion to five key sectors by 2035. The report introduces a 3A2I framework for scaling AI, emphasizing access, acceptance, and assimilation,…
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With the aggrement EU became India’s 22nd FTA partner. “The India-EU trade deal, along with India’s FTA with the UK and the EFTA effectively opens up the entire European market for Indian businesses, exporters and entrepreneurs,” the Union Ministry of…
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India and the European Union have finalized a Free Trade Agreement. Tariffs on cars will significantly decrease from 110% to 10% for 250,000 vehicles annually. This agreement marks a significant step in bilateral trade. Total trade between India and the…
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