Indian government News

Indian Government Announces Strategic Sale of 4.83% Stake in Mazagon Dock at Rs 2,525 Per Share

The Indian government is selling up to 4.83% stake in Mazagon Dock Shipbuilders at Rs 2,525 per share, aiming to raise around Rs 5,000 crore. The OFS opens for institutional invest...

Indian Government Finalizes FSNL Privatization, Japan's Konoike Takes Over

The Indian government has finalized the privatization of FSNL, transferring 100% shares and management control to Japan's Konoike Transport Company. This marks a significant step i...

Popcorn Tax Chaos: A Sweet and Salty Controversy

The Indian government's decision to levy different tax rates on popcorn based on its content has sparked criticism. The GST Council's new rates have been met with disapproval from ...

New Cess on Sin Goods: Potential 35% Tax Hike Looms

The Indian government is considering a new 35% special rate of GST on sin goods, such as tobacco, cigarettes, and soft drinks, as a starting point for the post-compensation cess er...