Three Chemical Parks to Slash Import Dependence
The government will support states in establishing three dedicated chemical parks through a challenge-based scheme featuring
Customs Duty Relief for 17 Cancer Drugs and 7 Rare Diseases
Finance Minister Nirmala Sitharaman proposed exempting basic customs duty on 17 critical drugs and medicines, targeting
Buyback Tax, STT Hike, and MAT Reduction Reshape Corporate Taxation
Finance Minister Nirmala Sitharaman announced significant tax reforms during her Union Budget 2026-27 presentation, including taxing
Electronics Manufacturing Outlay Doubles to ₹40,000 Crore
Finance Minister Nirmala Sitharaman announced doubling the Electronics Components Manufacturing Scheme outlay from ₹22,999 crore to
Customs Duty Waiver Boosts Defence Aircraft MRO Capabilities
Union Finance Minister Nirmala Sitharaman proposed exempting basic customs duty on raw materials imported for manufacturing
Customs Duty Exemption for Critical Minerals Processing
Union Finance Minister Nirmala Sitharaman proposed basic customs duty exemption on capital goods imports required for
Customs Duty Exemption Extended for Nuclear Power Till 2035
Finance Minister Nirmala Sitharaman proposed extending basic customs duty exemption on imports for nuclear power projects
Duty-Free Import Limits Expanded for Seafood and Footwear Exports
Finance Minister Nirmala Sitharaman proposed significant duty relief for export-oriented seafood and footwear sectors during her
Income Tax Act 2025 Implementation from April 1, 2026: Simplified Compliance Era Begins
Finance Minister Nirmala Sitharaman announced that the Income Tax Act, 2025 will come into effect from
Odisha, Kerala, Andhra, Tamil Nadu Get Dedicated Rare Earth Corridors
Finance Minister Nirmala Sitharaman proposed establishing dedicated rare earth corridors in Odisha, Andhra Pradesh, Tamil Nadu,
