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How your salary and benefits may change with labour codes and income tax reforms – explained

To understand the magnitude of the change, it is useful to revisit how salaries have typically been paid in India. (AI image) India’s wage and compensation landscape is entering a new and progressive phase. The implementation of the four labour codes, effective 21 November 2025, together with the new Income‑tax Act and Rules coming into…

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New Indian Railways reforms unveiled; new rail tech portal, railway claim tribunal goes digital – check details

Railway minister Ashwini Vaishnaw on Thursday unveiled new reforms for Indian Railways as part of the ‘Reforms Express’ that PM Narendra Modi has spoken of. The two reforms unveiled today focus on a new rail tech policy, and reforms in disposal of railway claims tribunal cases.Indian Railways aims to engage innovators, startups, industry, and institutions…

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FM Sitharaman rules out roadmap for PSU bank mergers, panel to review sector reforms

The government currently has no roadmap for mergers among public sector banks, Finance Minister Nirmala Sitharaman said, indicating that consolidation is not under active consideration even as a new banking reform panel is set to review the sector’s future.“I am not familiar with any roadmap…there isn’t one,” Sitharaman said in a media briefing after her…

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Passenger vehicle dispatches up 13% on GST reforms, price cut

NEW DELHI: Domestic passenger vehicle (PV) dispatches from companies to dealers rose 13% year-on-year to 4,49,616 units in Jan, with demand remaining robust, owing to GST rate rationalisation and subsequent dip in prices, industry body Society of Indian Automobile Manufacturers (Siam) said on Friday.The sales growth last month was aided by utility vehicles. The segment…

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Big relief for UAE travellers to India: Higher duty-free limits, gold jewellery reforms, simpler baggage clearance, revamped customs rules

India’s 2026 Baggage Rules: Are UAE Travellers Finally Getting a Fair Deal? India has introduced a major overhaul of its customs baggage rules for 2026, bringing changes that will significantly benefit international travellers, especially UAE residents, Indian expats (NRIs) and tourists of Indian origin flying into the country. These changes come into effect from February…

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Budget 2026 backs manufacturing, logistics and SEZ reforms to boost shipments, says commerce secretary

The Union Budget 2026-27 has announced a series of measures aimed at strengthening India’s export ecosystem by focusing on manufacturing expansion and trade facilitation, commerce secretary Rajesh Agrawal said on Sunday, PTI reported.He said the Budget includes targeted support for both labour-intensive industries and high-technology sectors, while policy steps on logistics and trade facilitation are…

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