Page 5 - Monika Yadav

Govt eyes export finance mechanism for MSMEs to bridge working capital gap

The proposed mechanism, to be explored with the Department of Financial Services and industry, aims to ease working capital pressures arising from long export payment cycles

Board of Trade meet on July 3 to discuss $2 trillion exports target

Piyush Goyal will chair the Board of Trade meeting on July 3 to discuss boosting exports to $2 trillion by improving FTA utilisation and cutting logistics costs

CBDT readies plan to meet ₹26.9 trillion direct tax target in FY27

CBDT has drawn up a multi-pronged strategy to achieve its ₹26.97 lakh crore direct tax target, backed by strong early collections

Businesses seek uniform GST audits, fewer tax disputes: Deloitte survey

Nine years after GST's rollout, businesses largely back the tax regime but seek more uniform audits, faster refunds and simpler compliance rules

Safe harbour 2.0: Bigger net, lingering doubts as firms seek clarity

Revamp raises threshold, but experts warn of interpretational hurdles

India's Vivek Aggarwal elected FATF Vice-President for 2026-27 term

The former FIU-IND chief and current Culture Secretary will serve as Vice-President of the global anti-money laundering watchdog from July 2026

Cestat ruling: Stock brokers may get clarity on delayed payment charges

Experts say the Tribunal's ruling on delayed payment charges could provide greater certainty to stock brokers on the tax treatment of financing-related charges

Direct tax collections rise 15% to ₹5.21 trillion till June 17 in FY27

Net direct tax collections rose to ₹5.21 trillion as strong growth in non-corporate taxes and advance tax payments offset modest growth in corporate tax receipts

Gold imports slump after duty increase, May volumes at 25-30 tonnes

Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes, while recycling of old jewellery has increased following the recent hike in import duties

More measures on anvil to attract global flows, says FM Sitharaman

Sitharaman says govt working to make investments more attractive

Fisme flags impact on MSMEs from retail diesel curbs; to approach govt

Fisme plans to seek relief for micro and small enterprises, saying new restrictions on diesel purchases from retail outlets could disrupt operations of DG sets

Centre exempts higher ethanol petrol from excise, rollout subject to tests

The government has extended excise-duty exemption to petrol blended with 22-30 per cent ethanol but said adoption of higher blends will follow extensive testing and stakeholder consultations

Government exempts higher ethanol-blended petrol from excise duty

The government has granted excise duty exemption on petrol containing 22-30 per cent ethanol, supporting cleaner fuel adoption and the next phase of India's ethanol blending programme

E-way bill generation post GST rollout fourth-highest in May 2026

The rise in e-way bill generation points to sustained domestic trade activity, stronger supply-chain movement and continued compliance under the GST regime

India's boardrooms in regulators' crosshairs as personal liability rises

From GST and FEMA to insolvency and money-laundering cases, regulators are increasingly targeting executives and directors personally, even as courts insist liability cannot rest on designation alone

RBI, govt charm offensive may draw up to $50 billion global flows

Bond tax exemption, easier access for foreign funds may help cover FY27 BoP gap

Govt exempts FPIs from tax on G-Sec gains to attract capital inflows

The government has removed tax on interest income and capital gains from government securities for FPIs while easing investment norms to deepen debt markets and attract long-term foreign funds

Industry seeks faster disposal of high-value GST disputes, appeal relief

With GSTAT benches becoming operational, industry bodies have urged the government to fast-track large disputes and extend the June 30 deadline for filing appeals

Net GST revenue rises 3.3% in May as import-linked collections stay strong

Net GST revenue rose 3.3 per cent year-on-year in May, supported by strong import-linked collections, while adjusted gross revenue growth stood at 9 per cent

Govt exempts import duty on cotton for five months till October 30

The Centre has exempted cotton imports from customs duty and AIDC till October 31, aiming to improve domestic availability and lower raw material costs for textile manufacturers