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CBIC Chairman Vivek Chaturvedi (File photo- ANI) The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce the proposed Eligible Manufacturer-Importer (EMI) scheme by March 1, with a draft framework expected to be released in five to six days for stakeholder consultation, a top official said on Thursday.Addressing a media interaction in…
In a proactive move, Bihar’s Assembly Speaker Prem Kumar will spearhead a crucial meeting to tackle persistent challenges facing the Chief Minister’s rural drinking water initiative. Lawmakers have raised concerns over fractured pipes, outstanding electricity payments, land conflicts, and delays in caretaker stipends that are undermining the effectiveness of the Nal-Jal Yojana. Patna: Speaker Prem…
J&K CM Omar Abdullah (PTI photo) JAMMU: PDP slammed J&K’s Omar Abdullah-led National Conference (NC) govt on Monday for tapping the Centre’s Special Assistance to States for Capital Investment (SASCI), calling it the “most dangerous scheme” after the abrogation of Article 370.The scheme provides 50-year interest-free loans for capital investments and infrastructure, besides offering financial…
NEW DELHI: The Union Budget 2026 announced the launch of a new initiative in the name of Mahatma Gandhi days after it came under flak for its decision to change the name of MNREGA (Mahatma Gandhi Rural Employment Guarantee Act) to VB-G RAM G (Viksit Bharat Guarantee for Employment and Livelihood Mission (Rural) Bill).The Union…
NEW DELHI: Bihar chief minister Nitish Kumar on Thursday announced government’s decision to provide an additional financial assistance of up to Rs 2 lakh to the women beneficiaries under the “Mukhya Mantri Mahila Rojgar” scheme.In a social media post on X, Nitish said that the amount selected beneficiaries in phases, “provided that the amount previously…
India’s regional connectivity scheme is headed for a revamp, awaiting Cabinet’s approval for a plan that would financially support airlines operating on remote routes to cover potential losses. Launched in 2016, the scheme caps fares on half of the seats to make air travel affordable. However, flights to hinterland destinations often remain commercially unviable due…
NEW DELHI: Congress student wing NSUI staged protests on Sunday against the VB-GRAMG scheme in several parts of Uttar Pradesh, including Lucknow and Varanasi, with protesters raising slogans against the government and Prime Minister Narendra Modi.In Lucknow, NSUI workers demonstrated against the scheme and were detained by security personnel, visuals shared by ANI showed. Police…
EY India has recommended to extend the existing Production-Linked Incentive (PLI) scheme to new technology sectors such as AI, space, and robotics, while urging the FY27 Budget to focus on sustaining growth and ensuring tax certainty through a dedicated Customs dispute resolution mechanism. The firm said a forward-looking policy approach would be key to strengthening…
SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS is a popular Post Office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is seen as a guaranteed cushion for regular interest income flow, especially for individuals who are looking for high…
Apple Inc’s manufacturing push in India has resulted in a dramatic surge in iPhone exports, with shipments crossing the $50 billion mark under the production-linked incentive (PLI) scheme period. The milestone was achieved by December 2025, just four years after the world’s second-largest company by market capitalisation joined the smartphone PLI programme in FY22, according…
