India Inc has sought wide-ranging direct and indirect tax reforms in Budget 2026-27 from easing litigation and simplifying TDS to clarifying demerger taxation and customs procedures. Will the Budget fix the faceless appeal system, unlock liquidity, and reduce tax uncertainty?
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Twin reports flag widening regional gaps, urge states to boost digital infrastructure, skills and formalisation to sustain balanced growth.
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Basic metals, electrical equipment, and auto sectors drive industrial output; mining dips 0.4%.
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Indian government bonds saw a slight uptick Tuesday as investors covered short positions before the U.S. Federal Reserve’s policy announcement. Concerns over tight liquidity in India’s banking system and anticipation of the Fed’s commentary kept market sentiment cautious. Foreign investors,…
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India’s state-owned aeronautics firm said Tuesday it had signed a deal with a Russian aircraft manufacturer under US and European sanctions, a move likely to irk New Delhi’s Western allies. Hindustan Aeronautics Limited (HAL) announced the deal with United Aircraft…
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Small finance banks are set for significant growth this fiscal, with advances expected to cross Rs 2 lakh crore. This expansion is fueled by a strong performance in non-microfinance sectors like mortgages and MSME loans. A gradual recovery in microfinance…
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