Economy News ( English version)

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  • India fast-tracks key reforms to shield itself from US tariffs December 20, 2025
    In its final parliamentary session of the year, Prime Minister Narendra Modi’s government pushed through major economic reforms aimed at boosting growth amid trade challenges. Parliament approved bills allowing private investment in nuclear energy, full foreign ownership of insurance firms, and a unified securities market code.
  • Net direct tax kitty swells 8% on strong India Inc show December 20, 2025
    Net direct tax collections have risen 8% to ₹17.05 lakh crore by December 17, driven by strong corporate tax payments and reduced refunds. While corporate earnings appear robust, experts suggest the government might miss its budgeted target due to a potential shortfall in income tax collection.
  • 'Clear exit rules will encourage NPS participation': Finance Ministry December 19, 2025
    New rules for the National Pension System offer more flexibility. Subscribers can now withdraw their entire pension wealth in a lump sum if it is ₹2 lakh or less. These changes aim to make the NPS more inclusive and responsive to subscriber needs. The amendments also provide clearer provisions for nominees and legal heirs.
  • PFRDA: Schemes on assured returns face clashing rules December 19, 2025
    The Pension Fund Regulatory and Development Authority (PFRDA) in India is facing a daunting challenge in rolling out minimum return guarantee products. A conflict within the PFRDA Act complicates the launch of these vital offerings.
  • India & Oman will work to roll out trade pact in three months: Piyush Goyal December 19, 2025
    India and Oman are set to implement a free trade agreement in the next three months. This pact allows Indian firms to employ 100% Indian staff for their investments in Oman. Oman offers zero-duty access on over 98% of its tariff lines for Indian exports. Indian businesses can invest in sectors like steel, energy, education, and healthcare in Oman.

 

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