India is compiling detailed industry data following a US Section 301 probe into alleged excess capacity in sectors like petrochemicals and steel. The commerce ministry is gathering information on production, employment, and policy support to address US concerns about practices potentially burdening American commerce.
Lok Sabha approves Finance Bill, tax rules eased
The Lok Sabha approved the Finance Bill, introducing enhanced tax authority powers and changes to share buyback taxation, capping the surcharge at 12%. The bill