Career News & Insights

In Pre-budget meet with Union Finance Minister: States flag revenue loss after GST cuts, erosion of fiscal powers

Explainer: Simplified Income Tax Act, 2025, to come into force from April 1

A new Income Tax Act, 2025, will replace the 1961 law on April 1, simplifying direct tax legislation and reducing its volume by 50%. The revenue-neutral act eliminates the distinction between assessment and previous years, introducing a single 'tax year' framework. Budget 2026-27 changes will be incorporated.

At pre-Budget meet in Delhi, Sawant seeks equitable Centre-state funding for Goa

”Goa’s perspectives, demands, and developmental requirements were presented, with a focus on sustaining momentum in critical infrastructure projects,” he said.

CII calls for value unlocking of PSUs through fast-tracking privatisation

The Confederation of Indian Industry (CII) has urged the government to boost capital expenditure by adopting a strategic approach to privatization for the Union Budget 2026-27. CII proposes a demand-driven selection process, a three-year privatization pipeline, and an institutional framework to expedite disinvestment and unlock significant resources for national development.

Budget 2026: Micro-fertiliser industry seeks uniform 5 percent GST, faster credit refunds from Sitharaman & Co

Union Budget 2026: The Indian Micro-Fertilizers Manufacturers Association has requested the central government to implement key changes. They are seeking a uniform 5 percent Goods and Services Tax on all fertilizers. The association also wants faster refunds of excess GST credits. A unified licensing system is another major demand.

Meta CTO Andrew Bosworth to hold high-stakes meeting, urging employees to attend: Report

Meta CTO Andrew Bosworth is reportedly set to hold what he calls the most important meeting of the year, urging Reality Labs employees to attend in person amid mounting losses, recent layoffs and growing scrutiny of Meta’s metaverse and hardware strategy.

Telangana urges Centre to enhance States’ fiscal deficit target to at least 4% of GSDP

The Telangana government has appealed to the Centre to enhance the fiscal deficit target to at least four per cent of the GSDP from the ideal levels of around 3.5 per cent, in order to contribute to the ‘Viksit Bharat’, and sought the conversion of the 50year interest free loans extended to States into grants.

NSE IPO Nears Regulatory Clearance As Sebi Chief Signals NOC 'Possibly Within This Month'

Sebi Chairman Tuhin Kanta Pandey says the market regulator is at an advanced stage of issuing the much-awaited No Objection Certificate (NOC) to the exchange.

FIIs Pull Out Over Rs 11,700 Crore in January So Far: Why Are They Selling? Know Key Factors

One of the most significant drivers behind FPI selling has been fresh tariff threats from the United States about additional tariffs.

Section 115UA Explained: Tax Rules For REIT And InvIT Investors

Take a closer look at the taxation of REITs and InvITs in India, explaining how different streams of income are taxed and where investors may find tax relief.

Insurance Companies Told To Use 1600-Series Numbers For Customer Calls By Feb 15

Insurance companies must now use only 1600-series numbers for service and transaction calls to customers.

Budget 2026-27: In the AI race, India can't afford to jog

India's digital sector is emerging as a crucial "power-lifter" amidst global economic realignments, strengthening domestic resilience and expanding its international footprint. With significant investments in infrastructure and deep technology, India is poised to convert its digital scale into sustained leadership, leveraging its complex ecosystem for AI innovation and securing infrastructure sovereignty.