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Parliament Clears New I-T Bill, to Replace Six-Decade-Old Law

Financial Express Kochi

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August 13, 2025

PARLIAMENT ON TUESDAY passed a new income-tax Bill to replace the six-decade-old Income Tax Act, 1961, that will come into force from April 1, 2026.

- PRESS TRUST OF INDIA

Piloting the Income Tax Bill, 2025, in the Rajya Sabha, finance minister Nirmala Sitharaman said it does not impose any new tax rate and only simplifies the language, which is required for understanding the complex income tax laws.

PLUS D'HISTOIRES DE Financial Express Kochi

Financial Express Kochi

Energy security, industry at core of India’s clean power push: Joshi

INDIA IS RECASTING its clean energy transition as a core industrial and manufacturing strategy, with non-fossil sources now accounting for 52% of installed power capacity and total non-fossil capacity reaching 267 GW, Union Minister for New and Renewable Energy Pralhad Joshi said at the World Economic Forum (WEF) Annual Meeting in Davos.

time to read

1 min

January 24, 2026

Financial Express Kochi

States' combined fiscal deficit rose to 3% in 2024-25: RBI report

STATES' CONSOLIDATED GROSS fiscal deficit rose to 3.3% of gross domestic product (GDP) in 2024-25, after staying below 3% for the previous three years, according to a Reserve Bank of India's (RBI) annual report on state finances released on Friday.

time to read

1 min

January 24, 2026

Financial Express Kochi

RBI readies liquidity bazooka of ₹1.25L cr

₹25,000-CR VRR, ₹1L-CR OMOS LINED UP IN 3 WEEKS

time to read

1 min

January 24, 2026

Financial Express Kochi

Jan economic activity picks up pace despite tariff pain

INDIA’S ECONOMIC ACTIVITY accelerated in January, a flash survey by HSBC Holdings showed, supported by strong domestic demand despite high US tariffs weighing on growth prospects.

time to read

1 min

January 24, 2026

Financial Express Kochi

DoT allocates spectrum for V2V communication

up pace despite tariff pain

time to read

1 min

January 24, 2026

Financial Express Kochi

Markets log worst week in 4 months

Investors poorer by ₹16.3L cr; Adani shares top laggards

time to read

1 min

January 24, 2026

Financial Express Kochi

White goods PLI: Kirloskar, Godrej among 5 firms selected in Round 4

FIVE COMPANIES, INCLUDING Kirloskar and Godrej, have been selected in the fourth round of applications under the production linked incentive (PLI) scheme for white goods, which covers components for air conditioners and LEDs.

time to read

1 min

January 24, 2026

Financial Express Kochi

Refiners rebalance oil sourcing strategy

WEST ASIAN GRADES FINDING FAVOURS: KPLER

time to read

2 mins

January 24, 2026

Financial Express Kochi

India to showcase agri products at Gulfood

INDIAWILLBE the largest participating country at the forthcoming global food trade show Gulfood, with over 600 participants showcasing unique geographical indication (GI)- tagged agri-products, organic produce, and value-added food items, according to sources.

time to read

1 min

January 24, 2026

Financial Express Kochi

Godrej Consumer’s Dec qtr profit hit by one-time charge

GODREJ CONSUMER PRODUCTS (GCPL) reported flat growth in third-quarter net profit at ~498 crore, while revenue rose 8.8% to 4,099 crore, driven by the India and Africa operations.

time to read

1 min

January 24, 2026

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