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April 22, 2026
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India has delivered a significant policy win to Apple by amending its income tax rules to allow foreign companies to fund manufacturing equipment for local contract manufacturers without triggering tax liabilities. Announced as part of the Union Budget 2026–27, the change removes the risk that ownership of high-end machinery could be treated as a “business […]Continue Reading
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Life and general insurers are urging the government to introduce targeted fiscal and structural reforms in Union Budget 2026 to make insurance more affordable and accessible, supporting the vision of “Insurance for All by 2047.” Industry leaders highlighted the need for tax parity between life policies and unit-linked plans, simplified annuity taxation, and incentives for Continue Reading
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Prime Minister Narendra Modi is scheduled to meet leading economists and sectoral experts today as part of the government’s final-stage preparations for Union Budget 2026. The consultation, set for 11 am, is aimed at gathering expert inputs before key economic decisions are finalised for the next financial year, according to senior government officials. Finance Minister Continue Reading
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The Centre is preparing a fresh wave of reforms aimed at strengthening India’s micro, small, and medium enterprises (MSMEs), with a focus on simplifying registrations, compliance processes, and inspections. This initiative comes as the sector, a crucial contributor to manufacturing, exports, and employment, deals with global challenges including the 50% US tariff impact. Continue Reading
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