Economy News ( English version)

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  • Dedicated rare earth corridors will reduce import dependence: Govt April 1, 2026
    India is establishing dedicated rare earth corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu to reduce import dependence and boost domestic capabilities in strategic sectors. These corridors will focus on mining, processing, research, and manufacturing, aligning with national goals of self-reliance and net-zero emissions. A joint working group is f […]
  • India's GST collections rise 8.2% to Rs 1.78 lakh crore in March April 1, 2026
    India's Goods and Services Tax (GST) collection surged to Rs 1.78 lakh crore in March 2026, marking an 8.2% increase from the previous month. Overall GST collections for March reached Rs 2 lakh crore, an 8.8% rise compared to the same month last year, according to official data.
  • Govt extends RoDTEP benefits for exporters till September 30 April 1, 2026
    Indian exporters receive a six-month extension for RoDTEP scheme benefits until September 30. This move aims to counter trade disruptions from the West Asia crisis. The scheme offers refunds on duties and taxes for manufactured goods. This support helps exporters manage rising freight costs and trade risks.
  • India grandfathered gains from investments made before April 2017 April 1, 2026
    Investors holding assets acquired before April 1, 2017, have received a significant reprieve. The Central Board of Direct Taxes has clarified that gains from these legacy investments will be exempt from General Anti-Avoidance Rules (GAAR). This move aims to provide much-needed clarity and reassurance for foreign investors and private equity funds concerning […]
  • India grants temporary customs duty relief for SEZ goods sold domestically April 1, 2026
    India will offer temporary customs duty relief for goods produced in special economic zones and sold domestically. The reduced duty rates, ranging from 5% to 12.5%, will be effective from April 1, 2026, to March 31, 2027, benefiting businesses that commenced production by March 31, 2025.

 

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