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Category: Economic News
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Old Vehicles to Stay for 20 Years – But Be Ready for a Heavy Re-Registration Fee
Ravi, a 48-year-old government employee in Lucknow, loves his old Maruti 800. It was his first car, bought back in 2004. Well-maintained, shining after every wash, and still giving 18 kmpl, Ravi never thought of parting ways with it. But last week, when he went to the RTO to ask about renewal after 20 years,…
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Income Tax Rules 2025: New ₹4 Lakh & ₹8 Lakh Limits on Perks – How They Boost Your Take-Home Salary
Income Tax Rules Revised: New ₹4 Lakh & ₹8 Lakh Thresholds for Employee Perks The government has recently revised the income tax rules, bringing much-needed relief to salaried taxpayers. Two key thresholds have been significantly increased—one for classification of “specified employees” in relation to non-monetary perks, and the other for exemption on overseas medical treatment…
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Amit Shah’s Bill: Governors May Remove Chief Ministers and Ministers After 30 Days in Jail
India’s political landscape is witnessing a heated debate after Union Home Minister Amit Shah introduced a constitutional amendment bill in Parliament. The proposal has stirred intense reactions because it seeks to give Governors the power to dismiss a Chief Minister, Prime Minister, or Minister if they spend 30 consecutive days in jail, even without a…
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Why America Feels Insecure: The Truth Behind the 50% Tariff
India Rising While America Turns Inward: How 50% Tariffs Reflect Changing Global Power Equations For much of the 20th century, the United States stood tall as the unchallenged superpower — economically, militarily, and diplomatically. But in the 21st century, the world is changing rapidly. A once-confident America is now turning increasingly inward, and its latest…
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Trump’s 50% Tariff Proposal: Populism or Policy? India Stands Strong
India at the Crossroads of Global Trade: Understanding Trump’s 50% Tariff Proposal As the U.S. gears up for another presidential election, former President Donald Trump is once again dominating headlines—this time with a bold (and controversial) proposal to impose a flat 50% tariff on all imports if re-elected. This has stirred concern not just within…
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India’s Economic Backbone: Why the RBI Governor’s Rebuttal Proves India Is Far from a ‘Dead Economy
🇮🇳 India’s Strength in Words: Why the RBI Governor’s Statement Matters More Than Political Rhetoric In a world often dominated by populist political statements and global trade tension, the recent remarks by India’s Reserve Bank of India (RBI) Governor—a non-political, professional economist—carry special weight. His calm yet firm rebuttal to claims labelling India as a…
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Tariff or No Tariff, India Marches On: Why the US 50% Tariff Won’t Stop Indian Growth
🇮🇳 Trump’s 50% Tariff on Indian Goods – What It Means for India and the US The recent hike in US tariffs on Indian goods—from 25% to 50%—is a significant trade move that will impact several industries. While the intention may be to reduce dependency on Indian imports and penalize geopolitical actions (such as oil…