Policy

The changes follow stakeholder consultations and are part of the government’s broader initiative to streamline regulations.

Updated : May 19, 2025

Finance Ministry overhauls old stock exchange rule to boost clarity and ease broker compliance

The revision comes in the wake of a discussion paper issued by the Department of Economic Affairs (DEA) in September 2024, which raised concerns over the ambiguous language in Rule 8 — particularly the undefined scope of the term “any business.”

The proposed revision in the rules aims to ensure foreign investors cannot bypass the intent of India's FDI policy, the report added.

Updated : May 19, 2025

India plans stricter rules for companies with foreign ownership: Report

New Delhi plans to create a new category of "foreign-owned and controlled entities" (FOCE), which will also include Indian firms with "indirect foreign investment", according to the report.

Now, all appeals, applications, and documents must be submitted digitally on the GSTAT Portal, with electronic processing and notices.

Updated : Apr 25, 2025

Centre notifies rules for GST Appellate Tribunals

Online filings, hybrid hearings and strict timelines to facilitate faster dispute resolution, say experts.

The move also operationalises the domestic carbon market and carbon credit trading system for the four highly polluting sectors.

Updated : Apr 24, 2025

Greenhouse gas targets: 282 industrial units under obligation to reduce emissions

The carbon intensive industries in aluminium, cement, pulp & paper and chlor-alkali are under obligation to reduce their greenhouse gas emissions else will be penalised for non-compliance.

Updated : Apr 21, 2025

‘We deserve better’: Indian entrepreneur on what Indian cities can learn from Vancouver

From pedestrian-friendly infrastructure to clean energy and integrated public services, the entrepreneur highlights 19 key takeaways

Domestic players have raised alarm over the surge, especially from countries like China.

Updated : Apr 21, 2025

Surge in cheap Chinese steel forces India to consider 12% import tax: Report

India, the world’s second-largest crude steel producer, turned net importer of finished steel for the second straight year in FY2024/25, with inbound shipments hitting a nine-year peak of 9.5 million metric tonnes, provisional government data shows.

Updated : Apr 20, 2025

FM Nirmala Sitharaman to visit US and Peru from April 20 for IMF, G20 meetings and bilateral engagements

From April 20-25, the Finance Minister will visit San Francisco and Washington D.C., while from April 26-30, she will travel to Peru on her first official visit

Industry leaders observe that the tariffs could also present an opportunity for Indian auto component manufacturers to explore new markets.

Updated : Apr 7, 2025

Trump’s tariffs: A blessing in disguise for India’s EV industry

Tariff is likely to increase the cost of EVs, which will encourage companies to use local manufacturing.

The Dow had plummeted more than 2,000 points while the S&P 500 dropped 5.7% on April 5, responding to Trump’s aggressive tariffs.

Updated : Apr 6, 2025

'45% tariff for Myanmar...': Compcircle's Gurmeet Chadha slams Donald Trump's tariffs on poor countries

Framed as a move to protect American industries, the sweeping duties—some as high as 49% — hit countries like Cambodia, Madagascar, and Myanmar, where millions already grapple with poverty and disaster.

Senior officials confirmed that the government is in active consultation with all major Indian exporters to assess sector-wise vulnerabilities and craft an appropriate policy response.

Updated : Apr 5, 2025

India analysing potential impact on its exporters from Trump’s tariffs, not to opt for retaliatory measures: Sources

In contrast to some global reactions, India has clarified it will not be joining any retaliatory trade blocs like ASEAN’s response mechanism. Instead, it is focusing on exploring new partnerships, including potential Free Trade Agreements (FTAs) with the Gulf Cooperation Council (GCC), Bahrain and Qatar.

The Appointments Committee of Cabinet has appointed Sivasubramanian Ramann as Chairperson, Pension Fund Regulatory and Development Authority for a five year period or until he attains the age of 65.

Updated : Apr 2, 2025

Suspense over high level vacancies in the govt, expectations that some will be filled in coming weeks

The Appointments Committee of Cabinet has appointed Poonam Gupta as RBI DG, S Ramann as PFRDA Chairperson

The comments came as Bangladesh signed nine agreements with China after Yunus’ meeting with President Xi Jinping.

Updated : Mar 31, 2025

‘7 sisters of India landlocked’: Muhammad Yunus tells China Bangladesh is the only ocean gateway

“Build things, produce things, market things. Nepal has hydropower, Bhutan has hydropower, we can bring to our purpose. You can produce in Bangladesh and sell in China,” he told officials.

India and the United States expressed satisfaction with the outcomes of the meeting and reaffirmed their dedication to ongoing collaboration.

Updated : Mar 29, 2025

Broad understanding struck with United States on trade, says India

Both sides aim to finalise first tranche of Bilateral Trade Agreement by this year end.

The Lok Sabha took up the Finance Bill for consideration and passing on March 24.

Updated : Mar 24, 2025

Equalisation levy of 6% on online ads likely to be scrapped from April 1

Sources indicate move part of amendments to the Finance Bill. eta. The move significantly comes at a time when concerns have been raised on the issue by several nations, including the US.

X Corp asserts that the misuse of Section 79(3)(b) infringes on constitutional rights, specifically Article 14, which guarantees equality before the law, and Article 19(1)(a), which ensures freedom of speech and expression

Updated : Mar 20, 2025

Explained: Why Elon Musk's X is suing Centre over ‘unlawful’ content blocking via Sahyog Portal

X Corp has filed a petition in the Karnataka High Court against Centre 'nullifying SC directives' by bypasses statutory safeguards

The PLI concept was first introduced during the global lockdowns of 2020 during the Covid-19 pandemic to stimulate domestic manufacturing.

Updated : Jan 5, 2025

Booster dose: Centre to launch PLI Scheme 1.1 for steel sector, stimulating investments and job creation

The PLI scheme for specialty steel was introduced to boost domestic production and reduce imports by attracting capital investments. The initiative has already secured Rs 27,106 crore in investments, aiming to create 14,760 direct jobs and produce an estimated 7.90 million tonnes of specialty steel.

China primarily exported stainless steel, hot-rolled coils, plates, electrical sheets, galvanized plain or corrugated sheets, pipes, bars, rods, and other steel products.

Updated : Dec 21, 2024

Government launches probe to determine ‘safeguard duty’ on steel as imports from China surge: Report

Provisional government data for the first eight months of the fiscal year ending in March 2025 showed that India’s finished steel imports from China reached a record high, raising concerns among domestic mills about the impact of inexpensive shipments from China.

Karnataka is the largest producer of copra, accounting for 32.7% of the country’s total production, followed by Tamil Nadu (25.7%), Kerala (25.4%), and Andhra Pradesh (7.7%).

Updated : Dec 20, 2024

Govt increases copra msp by up to Rs 422, sets price at Rs 12,100 per quintal for 2025 season

The MSP, based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), applies to the fair and average quality of both milling and ball copra varieties. The total financial impact of the decision is estimated at Rs 855 crore.

The VAT on ATF is applied on the entire value, including the excise duty, leading to cascading of taxes (tax on tax). This increases the effective cost of ATF.

Updated : Dec 19, 2024

GST Council may discuss inclusion of ATF to reduce tax cascading, lower aviation costs: Sources

ATF is considered a variant of kerosene oil. While the majority of inputs required for producing ATF are covered under the GST regime, ATF itself is excluded, which results in an inefficiency in the tax structure

Essentially, the bill aims to prohibit individuals or entities not authorised by the RBI or other regulators, and those not registered under any other relevant law from engaging in public lending.

Updated : Dec 19, 2024

Government proposes new bill to ban unregulated lending activities: All you need to know about ‘BULA’

The draft bill proposes that “any lender who offers loans, either digitally or otherwise, in violation of this law, shall be punishable with imprisonment for a minimum of two years, which may extend up to seven years, along with a fine ranging from Rs 2 lakh to Rs 1 crore.

The GST Council, headed by Union Finance Minister Nirmala Sitharaman, and members from all states and union territories, is scheduled to meet in Jaisalmer on December 21.

Updated : Dec 16, 2024

GST Council Meeting: GoM proposes reducing GST rate to 5% for all individual health insurance services

The Group of Ministers (GoM) on Health Insurance presented its recommendations to revenue officials from both the state and central governments on December 16.

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