February 18, 2026

simpler

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

contact@dailyupdatesindia.com05 mins

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: Can LTCG rules be made simpler for ordinary taxpayers? What experts have to say

contact@dailyupdatesindia.com09 mins

As more Indians participate in a widening range of investments, from financial instruments to property, the question of how gains are taxed is becoming increasingly relevant to middle-class taxpayers too. Whether it is selling shares after a market rally, redeeming mutual fund units, or transferring a house or plot of land, long-term capital gains or…

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Budget 2026: Simpler tax laws may lift FDI flows; experts flag capital cost relief

contact@dailyupdatesindia.com03 mins

The Union Budget should prioritise simpler and more predictable tax laws, alongside tax neutrality for cross-border and corporate reorganisations, to strengthen India’s appeal as a long-term destination for foreign direct investment (FDI), tax and economic experts said, reported PTI.They argued that rationalising the tax framework and lowering the cost of capital would complement ongoing reforms…

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Trade policy rethink: GTRI calls for tariff overhaul; simpler customs to cut costs and lift exports

contact@dailyupdatesindia.com03 mins

India needs a comprehensive overhaul of its import tariff structure and customs administration to reduce trade costs, improve manufacturing competitiveness and revive export growth, think tank Global Trade Research Initiative (GTRI) said on Saturday, PTI reported. In a report titled A Blueprint for Modernizing India’s Import Tariffs and Customs Regime, GTRI recommended a gradual move…

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GST return filing to get easier! CBIC plans simpler process; monetary threshold for demand notices to bring relief

contact@dailyupdatesindia.com03 mins

The Central Board of Indirect Taxes and Customs (CBIC) is working on a mechanism to introduce a monetary limit for issuing GST demand notices, in a bid to reduce unnecessary disputes and avoid notices being issued on flimsy grounds, PTI reported citing a senior official on Tuesday.Shashank Priya, Member, CBIC, said the board will soon…

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