India's White Goods PLI Scheme draws 13 applicants committing Rs 1,914 crore, with MSMEs forming more than 50% of new entries in AC and LED manufacturing.
Life insurers report sharp increase in pure protection plans post GST cut; HDFC Life up 50%+, Axis Max Life up 34%, SBI Life sees 33% growth.
DGGI Delhi uncovers ₹645 crore fake ITC racket using 229 dummy firms; key operator Mukesh Sharma arrested. Money-laundering links through NGO, political outfit probed.
ITAT Bangalore grants relief to landowner after Rs 1.82 crore mango income taxed as unexplained cash credit; tribunal rejects tax department's assumptions.
India's retail inflation hit a record low of 0.25% in October 2025, driven by GST rate cuts and a sharp fall in food and vegetable prices.
Tamil Nadu traders felicitated FM Nirmala Sitharaman for GST 2.0 tax reforms, praising rate cuts and simplified structure that boosted trade and demand.
Despite lower STT collections, the Centre remains confident of achieving its Rs 25.2 lakh crore direct tax target for FY26, driven by strong PIT growth.
The Union Cabinet has approved the Rs 20,000 crore Credit Guarantee Scheme for Exporters (CGSE), offering 100% collateral-free credit via NCGTC to boost MSMEs, liquidity, and export growth.
ICAI signs MoU with the Indian Army for real-time UDIN verification via API integration, enhancing transparency, trust, and efficiency in document authentication.
Finance Minister Nirmala Sitharaman said that the recent GST reforms have boosted sales across sectors from automobiles and consumer durables to e-commerce highlighting the positive market response to simplified tax rates and structures.
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