New Delhi, April 1 – The Central Board of Indirect Taxes and Customs (CBIC) introduced a special, one-time relief measure on Wednesday for eligible units in Special Economic Zones (SEZs) to facilitate the sale of manufactured goods to the Domestic Tariff Area (DTA) at concessional rates.This...
Bank Locker Insurance Coverage Set at 100 Times Annual Rent
New Delhi, March 30 – The standard insurance coverage for bank locker holders is set at 100 times the annual locker rent in case of any loss, according to Finance Minister Nirmala Sitharaman.Standard Insurance Policy Details
The...
bank lockers
banking regulations
compensation
finance bill 2026
finance minister nirmala sitharaman
financial regulations
government policy
india
insurance coverage
locker rent
lok sabha
parliamentary proceedings
property loss
unionbudget2026-27
valuables
STT Increase Expected to Have Limited Short-Term Impact on Derivatives Market
Mumbai, March 25 – A proposed increase in Securities Transaction Tax (STT) on derivatives, effective April 1, is anticipated to have a limited short-term impact on trading activity, with long-term market behavior...
New Delhi, February 24: India’s tourism sector is poised for a major expansion as the Union Budget 2026-27 outlines a comprehensive set of measures aimed at strengthening institutional capacity, improving service quality, and enhancing destination competitiveness across the country.According...
archaeological sites
destination development
e-buses
employment
experiential tourism
gdp contribution
global big cat summit
heritage tourism
hospitality training
india tourism
medical tourism
regional development
tourism sector
tourist guides
unionbudget2026-27
Gold Imports Rise to USD 50 Billion in April to December
New Delhi, February 23: Finance Minister Nirmala Sitharaman on Monday said that the recent surge in gold prices is largely driven by significant purchases by central banks across the world. She added that while India’s gold imports are...
New Delhi, February 15 – The Union Budget 2026-27, placing Micro, Small, and Medium Enterprises (MSMEs) at the heart of India's growth strategy, has unveiled a comprehensive plan to help MSMEs scale up, compete globally, and integrate more deeply into domestic and international markets through...
asset-backed securities
central public sector enterprises
economic growth
equity support
exports
financial support
gem
india
invoice discounting
manufacturing output
micro, small, and medium enterprises
msmes
risk capital
trade receivables discounting system (treds)
unionbudget2026-27