

The experts observe that India's tax administration has made significant strides towards creating a more transparent, technology-driven, and taxpayer-centric ecosystem


The ₹10,900 crore PM E-Drive scheme had allocated ₹1,772 crore to subsidize electric two-wheelers till the end of fiscal year 2026 (FY26). When sales fell short of target, the scheme was extended till the end of July, following demands from the auto industr…

RBI’s dual transfers, a confidence booster

India’s Reserve Bank and government have been pushed by the Gulf war into no-win situations on multiple fronts. Inflation, growth, exchange rate, budget allocations and other variables have all been unsettled. Can a grand rebalance be attained?
Rising inflation and the Prime Minister’s recent warning about people being pushed back into poverty call for deliberation among policymakers. Like we saw during the covid crisis, the Centre and central bank will need to coordinate their response.
What looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern after election results triggered expensive welfare promises. Economists estimate these poll pledges could impose a Rs 1.69 …

West Bengal has witnessed a decline in economic and governance standards despite strong electoral mandates. The state must transition to an investment-led growth model, restore fiscal health, and regain investor confidence to achieve sustained renewal.
India has successfully shielded consumers from global energy price shocks despite disruptions from the Strait of Hormuz closure. Union Minister Hardeep Singh Puri stated that the country absorbed fiscal impacts rather than passing them to consumers, maintaini…