The Reserve Bank of India has announced a new early-redemption timetable for Sovereign Gold Bonds, allowing investors to redeem six series by August 2026, amid changing tax proposals and a rising gold price link. The Reserve Bank of India has…
India’s Reserve Bank will keep its overseas deposit window open until September 30, as a surge in foreign currency inflows supports the rupee and bolsters reserves, with expectations of surpassing $50 billion in total deposits. India’s central bank will keep…
While many taxpayers experience swift refunds, delays often stem from mismatched bank details, identity verification issues, or technical glitches, underscoring the importance of accurate and verified records during filing. Many taxpayers are finding that refunds can arrive astonishingly quickly, but…
India has introduced a new framework allowing e-commerce companies to hold stock for export, aiming to simplify cross-border trade and support smaller manufacturers in reaching global markets. India has moved to formally open a narrow but potentially important export channel…
The Indian government has tabled a new bill in the Lok Sabha aimed at boosting foreign capital, stabilising policy environment for domestic manufacturers, and simplifying regulations for global firms, amidst geopolitical tensions and supply chain disruptions. India’s government has brought…
PGIM India Mutual Fund will halt new SIP and STP instalments into three of its international-focused schemes from August 7, highlighting the industry’s ongoing struggle to stay within existing foreign investment caps set by SEBI amidst rising global market constraints.…
The Indian Defence Ministry’s new interim measure will fully reimburse 18% GST on R&D grants, easing cash flow for defence start-ups and MSMEs and signalling continued government support for innovation in the sector. The Ministry of Defence has moved to…
The Reserve Bank of India has kept its policy rate unchanged at 5.25%, signalling a cautious wait-and-see approach as Governor Sanjay Malhotra cites global risks and inflation clarity as key factors influencing future moves. The Reserve Bank of India has…
The Delhi High Court has directed the Centre to respond to a petition seeking automatic refunds of tax deducted at source for individuals with no tax liability, highlighting recent debates on simplifying tax procedures for non-filers and vulnerable groups. The…
A 15-year income tax exemption proposal for rough diamond sales in India could significantly boost domestic trading, enhance competitiveness, and shift the global supply chain, with industry experts hailing it as a potential game changer. India’s diamond industry could be…
