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US, China extend trade truce for another 90 days

Washington: US President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world's two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the...

Lok Sabha

Lok Sabha passes Income Tax Bill 2025: Key changes explained

New Delhi: The Lok Sabha Monday passed the Income Tax Bill, 2025, marking a significant step towards replacing India’s six-decade-old direct tax framework with the government seeking to balance investor confidence, taxpayer relief, and administrative efficiency with the new law. The legislation, once enacted, will...

Lok Sabha

Lok Sabha passes two tax bills amid din without debate

New Delhi: Amid continued Opposition protest, the Lok Sabha Monday passed two important legislations pertaining to taxation -- Income-Tax (No 2) Bill and Taxation Laws (Amendment) Bill. The Income-Tax (No.2) Bill, 2025, seeks to consolidate and amend the law relating to Income Tax Act 1961....

Red Sea, trade,India

Govt focusing on 50 countries to boost exports

New Delhi: The government is working on measures to boost India's exports, including targeting 50 countries in regions such as the Middle East and Africa, amid the heavy tariffs imposed by the US on Indian goods, an official said Monday. These 50 countries account for...

 

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