Try GOLD - Free
I-T, GST relief boosts suppy too, says CEA
Financial Express Kochi
|November 08, 2025
ITALSOINTRODUCED a special 40% rate for sin goods, moves that will lowerthe tax incidence ona wide section of businesses and benefit the end-consumers.
-
The 12% and 28% rates have been abolished.
Inthe FY26 Budget,the Cen-tre sharply raised the income tax exemption limit to %12 lakh from %7 lakh in the new tax regime and lowered tax incidence under various income slabs, which the government said, would leave around %1 lakh crore cash in the hands of taxpayers to boost consumption and investment.
This story is from the November 08, 2025 edition of Financial Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kochi
Financial Express Kochi
Bajaj Auto beats Street across metrics in Q4
BAJAJ AUTO ON Wednesday reported a stronger-than-expected March quarter performance, with standalone net profit rising 34% year-on-year to a record ₹2,746 crore, ahead of Bloomberg estimate of ₹2,615 crore, aided by robust domestic demand, record exports and higher contribution from premium motorcycles and electric vehicles.
1 min
May 07, 2026
Financial Express Kochi
A year after Op Sindoor: Underground infra, air defence among top priorities
THE EARLY HOURS of May 7 will mark one year of Operation Sindoor, a strike by the Indian armed forces on terror targets in Pakistan-occupied Kashmir (PoK) and Pakistan followed by hostilities between the two countries over four days.
2 mins
May 07, 2026
Financial Express Kochi
L&T lines up ₹45,000 cr investments in 5 years
Green hydrogen and data centres among focus areas
1 min
May 07, 2026
Financial Express Kochi
No major lapses at HDFC Bank, finds governance review
SHARES RALLY
1 min
May 07, 2026
Financial Express Kochi
GCC footprint in India widens to 2.1K centres: Nasscom & Zinnov
INDIA'S GLOBAL CAPABILITY centre (GCC) ecosystem has expanded to 2,117 centres operating across 3,728 units, employing 2.36 million professionals and generating $98.4 billion in revenue as of FY26, according to a joint report by Nasscom and Zinnov.
1 min
May 07, 2026
Financial Express Kochi
Power transmission sector faces execution risks: Industry
INDIA'S POWER TRANSMISSION build-out is facing rising execution risks, with industry flagging that critical renewable-linked projects are being awarded to inexperienced developers, potentially threatening grid reliability and delaying energy transition targets.
1 mins
May 07, 2026
Financial Express Kochi
Balancing sweat & survival, gig workers power on
GUDDU, A DELIVERY person with quick-commerce platform Blinkit, reveals a sweaty face as he takes off his helmet to deliver an order in Noida.
2 mins
May 07, 2026
Financial Express Kochi
Birla returns to a different Vodafone Idea
From dues overhang, liquidity stress toa cautious recovery phase
2 mins
May 07, 2026
Financial Express Kochi
Vijay stakes claim to form govt with Congress backing
TVK CHIEF VIJAY'S path to becoming Tamil Nadu's next Chief Minister hit an unexpected pause Wednesday after Governor Rajendra Arlekar insisted that the party produce documentary proof of majority support before any invitation to form the government, it has been learnt.
1 mins
May 07, 2026
Financial Express Kochi
One in 3 BFSI staff plans to quit: Report
UNDER STRAIN
2 mins
May 07, 2026
Listen
Translate
Change font size