Centre exempts E22, E25, E27 and E30 petrol blends from excise duty in biofuel push
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
The Centre has dismissed viral claims linking temple gold reserves to a proposed monetisation scheme, saying no such policy has been approved.
The Centre has revised customs duty rates for jewellery findings and tightened import compliance norms for precious metal recovery and recycling materials from May 13.
The Budget comes at a time when India remains one of the fastest-growing major economies, even as global growth moderates due to geopolitical uncertainties, tight financial conditions and slowing demand in key markets.
In response to rising reports of fake summons being circulated in the name of the Enforcement Directorate (ED) for cheating and extortion, the ED has implemented new measures to help citizens verify the authenticity of summons notices, the Finance Ministry’s official account announced today.
It said the growth will be supported by a positive demand outlook due to GST reforms, favourable monsoons, lower inflation, and monetary easing.
Key Provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1.
In its letter to the Finance Minister Nirmala Sitharaman, PHDCCI warned of a severe inverted duty structure in the polyester value chain following recent GST revisions.
Items that will be covered under the lower GST rate of 5 per cent will include essential farm items, health-related items, handicrafts and insurance.
The Finance Ministry has issued a corrigendum to correct a drafting error in the newly introduced Income Tax Bill, 2025, clarifying the penal interest on shortfalls in advance tax payments.
