Category: Economic News
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E20 Petrol Rollout in India: Everything Vehicle Owners Must Know
India is making a major transition towards greener fuel with the rollout of E20 petrol, a fuel blend containing 20% ethanol and 80% petrol. This shift is part of the government’s plan to reduce dependence on imported oil, boost farmer income, and cut carbon emissions. While the initiative brings multiple benefits, it also comes with…
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Fuel Ban on Overage Vehicles in Delhi-NCR: What You Need to Know
In a significant move to combat air pollution, the Commission for Air Quality Management (CAQM) has announced a ban on fuel supply to end-of-life (EOL) vehicles in Delhi and five neighboring districts of the National Capital Region (NCR). This policy is set to take effect on November 1, 2025. 📅 Key Details 🛠️ Enforcement and…
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India Advances Towards Historic ₹2 Lakh Crore Deal for 114 ‘Made in India’ Rafale Jets
India is moving forward with a historic defense procurement proposal for 114 Rafale fighter jets, in collaboration with French aerospace giant Dassault Aviation. Valued at over ₹2 lakh crore, this initiative not only strengthens the Indian Air Force’s (IAF) operational capabilities but also aligns with the ‘Make in India’ policy, emphasizing domestic production and technological…
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Income Tax Law for Senior and Super Senior Citizens: Key Updates for AY 2025-26
For the Assessment Year (AY) 2025-26, the Indian government has introduced several modifications to the Income Tax Act to provide financial relief to senior citizens (aged 60–79 years) and super senior citizens (aged 80 years and above). These changes aim to simplify tax compliance and enhance savings for the elderly population. 📊 Income Tax Slabs…
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November GST Changes 2025: Two Silent Moves That Can Transform Your Business Compliance
The Goods and Services Tax (GST) landscape in India is evolving again. Starting November 2025, two quiet but powerful changes will reshape how businesses register for GST and claim refunds. Although these moves are not grabbing prime-time headlines, they have the potential to free up working capital, reduce compliance burden, and give startups and MSMEs…
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CEAT Announces Price Reduction Across Entire Range: What the GST Cut Means for You
Tyre maker CEAT Limited has announced it will reduce prices across its entire range following a recent Goods & Services Tax (GST) cut. The company says it will pass the tax savings directly to customers. This move is part of broader reforms in the auto/tyre sector aimed at reducing taxation and simplifying the GST structure.…
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Mahindra XUV700 Price Update After GST Revision: Detailed Analysis
The Mahindra XUV700, one of India’s most popular premium SUVs, has seen a significant price adjustment following the latest Goods and Services Tax (GST) revision. With the GST on SUVs updated, Mahindra has passed on the benefits to customers by reducing prices across its range. This move makes the XUV700 even more competitive in the…
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Government Mandates Monthly Monitoring of Price Changes in 54 Essential Items After GST Rate Reduction
The Indian Finance Ministry has issued a directive to Central GST (CGST) field officers to closely monitor price changes for 54 commonly used essential items following the implementation of new GST rates. Effective from 22 September 2025, this initiative is aimed at ensuring that the benefits of GST rate cuts are passed on to consumers,…
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Hero MotoCorp Price Reduction After GST Cut: Check New Prices of Splendor and Other Models
Hero MotoCorp, India’s largest two-wheeler manufacturer, has passed on a major benefit to its customers after the government announced a significant GST reduction on internal combustion engine (ICE) two-wheelers up to 350 cc. With GST slashed from 28% to 18%, Hero bikes and scooters have become much more affordable. This price drop covers almost all…