Economy News ( English version)

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  • Germany's Merz heads to India to bolster trade, security ties January 11, 2026
    German Chancellor Friedrich Merz is in India to boost economic and security ties. This visit comes ahead of a planned EU-India free trade agreement. Discussions will cover trade, defense deals, and skilled labor recruitment. India seeks broader partnerships to reduce dependence on other nations. German companies see significant opportunities in India's […]
  • Spain, Germany, Belgium, Poland emerging as key export destinations for India within EU January 11, 2026
    India's exports to the European Union are showing strong growth. Spain is a standout market with significant export increases. Germany continues to be a stable destination for Indian products. Belgium and Poland also show positive export trends. These developments are occurring as India and the EU negotiate a free trade agreement, promising further bila […]
  • Union Budget 2026: Govt should refrain from hiking income tax surcharge on super-rich, experts say January 11, 2026
    India Budget 2026: Tax experts advise the government against increasing income tax surcharges on the super-rich or reintroducing wealth tax in the upcoming budget. Such measures could prompt high-income earners to relocate to low-tax jurisdictions, potentially impacting job creation and investment. Experts suggest focusing on administrative efficiency and ex […]
  • Govt to achieve fiscal deficit target of 4.4% in FY26, may even better it: PwC January 11, 2026
    India is poised to meet its fiscal deficit target of 4.4 percent of GDP for FY26. Experts suggest the government may even surpass this goal, sending a positive message to international investors about fiscal discipline. Despite a revised nominal GDP growth forecast, absolute figures align with budget estimates. This achievement is expected to bolster confide […]
  • Explainer: Simplified Income Tax Act, 2025, to come into force from April 1 January 11, 2026
    A new Income Tax Act, 2025, will replace the 1961 law on April 1, simplifying direct tax legislation and reducing its volume by 50%. The revenue-neutral act eliminates the distinction between assessment and previous years, introducing a single 'tax year' framework. Budget 2026-27 changes will be incorporated.

 

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