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    NetAcct Solutions Launches Entries ERP Powered by the Entries AI Platform
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    July 17, 2026
    Show AI Summary
    GST compliance management integrates reconciliation, input tax credit support, invoicing and statutory monitoring within an AI-powered enterprise platform.
    The unified cloud platform combines accounting, manufacturing, inventory, procurement, human resources, payroll, compliance, reporting and document management with an embedded AI agent. Its compliance functions include GST validation, purchase-register reconciliation with GSTR-2B, input tax credit support, supplier filing-gap detection, e-invoicing, e-way bills, TDS and statutory due-date tracking. Financial and operational workflows are intended to use common real-time data, with automation for invoices, journal entries, reconciliations, reporting, workflow approvals and compliance-risk monitoring.
    July 17, 2026
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    Institutional trade cooperation expands through industry MoUs, supporting investment, innovation and technology partnerships across strategic economic sectors.
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    July 17, 2026
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    Codex spice standards harmonise quality benchmarks for cardamom, coriander and vanilla, supporting trade consistency, market access and export competitiveness.
    Codex standards for large cardamom, coriander and vanilla establish harmonised international quality benchmarks following review by relevant committees on analytical methods, food additives and food labelling. The standards are intended to promote consistent quality requirements, facilitate trade, improve market access and support export competitiveness. India was also accepted as Co-Chair of an Electronic Working Group developing policy guidance on risk analysis for new food products.
    July 17, 2026
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    Export readiness for MSMEs strengthens global market access through trade intelligence, standards compliance, preferential origin rules and trade remedy awareness.
    Export readiness for Indian MSMEs is supported through practical guidance on identifying export opportunities, market-access requirements, trade intelligence tools, international standards, sustainability requirements and buyer identification. International expansion strategies include using preferential Rules of Origin and cooperation mechanisms under Free Trade Agreements, selecting export destinations, product positioning, diversification and value addition. Trade remedy awareness and guidance on unfair trade practices and import surges, together with institutional support, partnerships and trade-exhibition participation, can strengthen global competitiveness and integration into global value chains.
    July 16, 2026
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    Reciprocal tariff measures and multilateral dispute settlement are pursued in response to contested import duties.
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    Section 301 tariff authority offers a procedurally constrained route to replace temporary global import tariffs after emergency powers failed.
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    July 16, 2026
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    International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
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    Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
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    Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
    The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
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    Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
    India-UK CETA introduced a low- or zero-tariff regime covering about 99 per cent of tariff lines for Indian exports to the United Kingdom. Initial zero-duty jewellery and coffee consignments reached the UK under the agreement. CETA is intended to improve market competitiveness, strengthen supply chains and support businesses, exporters, importers and investors. A dedicated facilitation forum and a guide to UK import standards and regulatory requirements support Indian exporters, particularly small and medium enterprises, in navigating the post-CETA trading regime.
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    Foreign investor tax exemptions on government securities are proposed to continue, supporting sovereign debt market liquidity and capital inflows.
    Income-tax exemption for foreign investors in government securities is proposed to continue through the Income-tax (Amendment) Bill, 2026, replacing the corresponding ordinance. The ordinance exempted interest income and capital gains from the sale, exchange or transfer of government securities by foreign investors, effective from 1 April. The measure seeks to attract foreign capital, deepen the sovereign debt market and improve liquidity amid global economic volatility. The legislative agenda also includes MSME reforms concerning delayed-payment redressal, enforcement of arbitral awards and State flexibility in constituting facilitation councils.
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    Foreign asset reporting requires complete Schedule FA and Schedule FSI disclosures despite limited information displayed in the Annual Information Statement.
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    July 16, 2026
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    Agentic AI innovation centre enables consumer businesses to co-create, test and scale enterprise AI solutions across operational functions.
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    July 16, 2026
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    Cost Inflation Index enables inflation-adjusted long-term capital gains calculations through indexed acquisition cost for eligible capital asset transfers.
    The Cost Inflation Index for financial year 2026-27 is 384 for computing inflation-adjusted long-term capital gains on transfers of capital assets, including immovable property, securities and jewellery. It is used to determine indexed cost of acquisition by adjusting purchase cost for inflation. Long-term classification generally requires holding exceeding 36 months, with stated periods of 24 months for immovable property and unlisted shares and 12 months for listed securities.
    July 16, 2026
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    India-EU industrial and technology cooperation advances through trade facilitation, resilient supply chains, digital innovation and expanded market access.
    India-EU industrial and technology cooperation was advanced through engagements addressing industrial collaboration, technology partnerships, bilateral trade opportunities and business-to-business cooperation. Discussions covered trade facilitation, investment flows, supply-chain resilience, digital innovation, competitiveness and regulatory challenges. The interactions emphasised industry-led growth, greater market access for Indian enterprises and innovation-driven partnerships under the Trade and Technology Council framework.

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      Every patriotic Indian has sought answers on China: Cong after SC raps Rahul

      August 4, 2025

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      New Delhi, Aug 4 (PTI) The Congress on Monday said every patriotic Indian has sought answers on China since the 2020 Galwan incident but the Modi government has chosen to obfuscate and hide the truth with its policy of "DDLJ -- deny, distract, lie, and justify".

      The opposition party also alleged that the Modi government is responsible for the biggest territorial setback India has faced since 1962, and accused it of pursuing "normalisation" with a hostile China because of its cowardice and misplaced economic priorities.

      The Congress' attack on the government came on a day the Supreme Court censured Leader of Opposition in the Lok Sabha Rahul Gandhi over his alleged derogatory remarks about the Indian Army during his Bharat Jodo Yatra. The apex court, however, stayed the proceedings initiated in the matter against Gandhi before a Lucknow court.

      The top court told Gandhi, "How do you get to know that 2,000 sq km of Indian territory has been occupied by Chinese? Were you there? Do you have any credible material?" Congress general secretary in-charge communications Jairam Ramesh said ever since 20 brave soldiers were martyred in Galwan on June 15, 2020, every patriotic Indian has sought answers.

      "Yet instead of providing answers, the Modi government for the past five years has chosen to obfuscate and hide the truth with its policy of 'DDLJ -- deny, distract, lie, and justify'," he said.

      In a post on X, Ramesh went on to ask a series of questions.

      "Why did the Prime Minister give a clean chit to China saying 'Na koi hamari seema mein ghus aaya hai, na hi koi ghusa hua hai' on 19 June 2020, only four days after our soldiers heroically sacrificed their lives for the country in Galwan?" Ramesh said.

      "Chief of Army Staff General Upendra Dwivedi has said: 'We want to go back to the status quo of April 2020'. Does the withdrawal agreement of 21 October, 2024, take us back to the status quo?" he said.

      Are Indian patrols not required to take Chinese concurrence to access their Patrolling Points in Depsang, Demchok, and Chumar, whereas earlier they were able to freely exercise India’s territorial rights, Ramesh added.

      Are Indian patrols not prevented from accessing their Patrolling Points in Galwan, Hot Spring, and Pangong Tso by "buffer zones" that lie predominantly within the Indian claim line, he further asked.

      "Was it not widely reported in 2020 that 1,000 sq km of eastern Ladakh had come under Chinese control, including 900 sq km in Depsang? Did the SP of Leh not submit a paper at the annual Director General of Police Conference in which he stated that India had lost access to 26 out of 65 Patrolling Points in eastern Ladakh?" Ramesh said.

      Is it not true that imports from China are booming, especially of electronics, electric batteries, and solar cells, and that important sectors like telecom, pharmaceuticals, and electronics are critically dependent on Chinese imports, he asked.

      Is not true that the trade deficit with China reached a record $99.2 billion in 2024-25, Ramesh questioned.

      "Is it not true that the Modi government is pursuing 'normalisation' with a country that played a crucial role in Pakistan’s military operations during Operation Sindoor, supplying weapons systems such as the J-10C fighter and PL-15 air-to-air missile and providing 'live inputs' into Indian military operations as stated on 4 July, 2025; by Deputy Chief of Army Staff Lt General Rahul R Singh?" he said.

      "The fact of the matter is that the Modi government is responsible for the biggest territorial setback India has faced since 1962, and it is pursuing 'normalisation' with a hostile China because of its cowardice and misplaced economic priorities," Ramesh said.

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