BUSINESS
India Reduces Import Duty on High-Capacity Motorcycles, Boosting US Brand Harley-Davidson
Specifically, the import duty on motorcycles with engine capacities up to 1,600 cc, imported as completely built-up (CBU) units, has been reduced from 50% to 40%.
EU Slams US Tariff, Promises to 'Respond Firmly' if Targeted: Spokesman
An EU spokesman emphasized the importance of maintaining open markets and adhering to international trade rules, which are crucial for sustainable economic growth.
Mexico Strikes Back at US Following Trump's Tariff Decision
A key point in Sheinbaum's rebuttal is her criticism of the US weapons industry, which she blames for fueling the violence in Mexico by supplying high-powered firearms to criminal groups.
Canada Imposes Retaliatory Tariffs on Its Long-Time Ally
As the longstanding allies, who share the world's longest land border, hit another low, Trudeau said in a news conference that he was imposing the duties on C$155 billion ($107 billion) in U.S. goods.
India Escapes Trump's First Tariff Salvo as China, Mexico & Canada Bear the Brunt
The 25% tariff on goods from Canada and Mexico and a 10% tariff on Chinese imports is aimed at reducing the US's significant trade deficit. However, India's position is notably different, as it was not targeted by these tariffs.
Govt Reduces Borrowing Target to Rs 11.54 Lakh Cr for FY26
The government needs to borrow, raising dated securities, to meet its fiscal deficit target.
Rs 1 Lakh Crore Urban Challenge Fund to Transform Cities into Growth Hubs
She further added that this fund will finance up to 25 per cent of the cost of bankable projects with a stipulation that at least 50 per cent of the cost is funded from bonds, bank loans, and PPPs. An allocation of Rs 10,000 crore is proposed for 2025-26.
Modi Govt Makes Big Leap in Tax Exemption Limit, Breaks Away from UPA’s Approach of Small Reliefs
The jump in income tax exemption limit, under the new tax regime, from a salary of Rs 7 lakh per annum to Rs 12 per annum, is the biggest recorded since 2005 of the UPA era.
Old vs New Tax Regime: Key Changes for the Middle Class in Budget 2025-26
Finance Minister Nirmala Sitharaman's announcement has revamped the New Tax Regime, bringing notable relief for taxpayers, particularly those earning up to Rs 12 lakh annually.
Union Budget: Key Measures to Support 1 Crore MSMEs and 1.59 Lakh Startups
MSMEs play a significant role in the economy, employing 7.5 crore people and contributing 36% to the country's manufacturing, as well as 45% to exports, according to Sitharaman.
Don't Miss
Advertisement