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    India placed in lower tariff tier at 10 pc under US Section 301 measures on forced labour: Govt
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    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman outlines 5Rs of responsive tax governance; Calls for greater tax certainty and ...
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    July 25, 2026
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    US forced-labour tariffs place India in a lower tier while preserving exclusions for specified imports and Section 232 products.
    US Section 301 forced-labour measures impose an additional 10 per cent tariff on imports from India, with India placed in a lower tariff tier than initially proposed. Generic pharmaceuticals, smartphones and certain specified products outside additional duties remain excluded, as do products already covered by Section 232 measures, including steel, aluminium and auto parts. The textile-specific mechanism has not yet been established or operationalised, and engagement continues in connection with bilateral trade agreement negotiations.
    July 25, 2026
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    Money-laundering investigation examines alleged fictitious expenses, circular vendor payments, and consultancy payments without services or deliverables.
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    July 25, 2026
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    Tax certainty and taxpayer-centric administration drive simplified compliance, reduced litigation, digital service delivery, and stronger voluntary tax compliance.
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    July 24, 2026
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    A formal investigation into alleged unfair trade practices has been announced in response to European regulatory fines imposed on major United States technology companies. The stated concern is that digital antitrust penalties are unfairly directed at United States businesses, with possible tariffs on European Union imports indicated. The proposed response is linked to Section 301 of the Trade Act of 1974, permitting import taxes and other sanctions against unjustifiable, unreasonable or discriminatory trade practices.
    July 24, 2026
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    Import tariffs and energy costs heighten inflation risks, pressuring consumers, corporate profits and monetary-policy expectations amid market volatility.
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    Responsive tax governance promotes taxpayer convenience, correction of bona fide errors, tax certainty, prompt refunds and prevention of avoidable litigation.
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    July 24, 2026
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    Examination integrity safeguards prompt monitoring, enforcement action and proposed stricter penalties for paper leaks and institutional failures.
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    Forced-labour import prohibition enabled lower tariff treatment for Sri Lankan goods, supporting export competitiveness and responsible trade practices.
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    One District One Product strengthens district product branding, market access, food-processing support and export-oriented value chains.
    The One District One Product initiative supports district-identified products through branding, market access, exhibitions, capacity building and Government e-Marketplace onboarding. States and Union Territories select products and may leverage Central and State schemes, as no district-specific allocation is made. PM Ekta Malls and the PMFME Scheme support sales, food-processing projects, common infrastructure, branding, packaging, quality standardisation and food-safety compliance. Districts as Export Hubs promotes export-potential products through export committees, action plans and value-chain coordination.
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    Services export promotion expands market access, professional mobility, qualification recognition and trade outreach for Indian service suppliers.
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    Trade-tariff concerns and oil-price volatility deepen risk aversion, extending equity market losses amid geopolitical tensions and foreign outflows.
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    Forward-looking statements receive safe-harbor qualification amid reported IFRS performance, AI-led transformation initiatives, and revised revenue-growth guidance.
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    July 24, 2026
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    Forced-labour import enforcement drives new tariffs as expiring stopgap levies and market uncertainty heighten trade-compliance concerns.
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      Farmers have shown the way to workers, poor must unite to bring back MGNREGA: Rahul

      January 22, 2026

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      New Delhi, Jan 22 (PTI) Congress leader Rahul Gandhi on Thursday claimed that the Modi government's objectives in repealing MGNREGA are the same as they were in bringing the "three black farm laws", and urged workers to take a cue from farmers and stand united to demand the rollback of VB--G RAM G Act.

      Addressing the National MGNREGA Workers' Convention organised by the Rachnatmak Congress, the Leader of Opposition in the Lok Sabha said the concept of MGNREGA was to give rights to the poor.

      Workers from across the country participated in the convention, bringing a fistful of soil from their work sites that was put in plants as a symbolic gesture in the presence of Gandhi and Congress president Mallikarjun Kharge.

      "The MGNREGA movement is a big opportunity for the poor people who believe in the Constitution and the idea of India, that if they stand together, (Prime Minister Narendra) Modi ji will back off and MGNREGA would be reinstated," Gandhi said at the event that was attended by Congress general secretaries Jairam Ramesh and K C Venugopal, as well as Rachnatmak Congress chairperson Sandeep Dikshit, among others.

      "The thinking behind it was that anyone in need of work could demand work with dignity. MGNREGA was run through the third tier of system - the Panchayati Raj system. MGNREGA had the voice of the people, their rights, poor people were given right to work, a concept which Narendra Modi-BJP is now trying to finish off," Gandhi alleged.

      Recalling the farm laws brought by the Modi government in 2020 and repealed the next year, Gandhi said a few years ago the BJP had attacked farmers.

      "The Modi government had brought in black laws against farmers, which the farmers managed to stop. I remember, in Parliament and and in streets, along with farmers, we put pressure on the government and got those laws repealed," he said.

      Gandhi claimed that the same concept that the government applied to farmers, it is now trying to do on workers.

      The idea is that the central government in Delhi will decide how much money to send to which state, Gandhi said and claimed that more money will go to BJP-ruled states and less to opposition-ruled states.

      "The central government alone will decide when and where work will happen, and how much wages a worker will get. The rights of workers have been finished and what workers used to get will now go to the contractors and bureaucracy," the former Congress chief claimed.

      Gandhi alleged that all the policies of the BJP are aimed at concentrating the country's wealth and property in the hands of a chosen few, and that those same people should run this country.

      "The BJP's ideology is that all the country's wealth should go into the hands of the rich, so that the poor, mostly Dalits, OBC, and tribal people, become dependent on rich people like Adani-Ambani and obey their word and if they don't, then they die hungry," he said.

      Gandhi pointed out that in the last Lok Sabha election he had stated that the BJP is attacking the Constitution.

      "Farm laws were an attack on the Constitution, so was demonetisation, flawed GST. What is the name of this new law ....I don't know," he said with some in the audience responding with the VB-G RAM G acronym.

      The former Congress chief said the idea of the BJP is to finish off the Constitution, democracy and the concept of "one person-one vote".

      "These people want to bring back the India of pre-independence where one King used to decide everything, had all the assets and did as he pleased. Their intention is not to stop because they want to change the structure of modern India," Gandhi alleged.

      "There is only one way to stop them, workers have been shown the way by farmers. If we stand together unitedly, they are cowardly people...I know them well, they are cowardly and if we stand together, you can decide the name of the scheme and its modalities. But there is one shortcoming and that is of unity," he said.

      "Poor people don't stand together, but will have to now. The MGNREGA movement is a big opportunity that the the poor people who believe in the Constitution and the idea of India, if they stand together, Modi ji will back off and MGNREGA would be reinstated," he said.

      The Congress launched 'MGNREGA Bachao Sangram', a 45-day nationwide campaign against the repeal of the UPA-era Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), on January 10.

      The opposition party is demanding the withdrawal of the Viksit Bharat - Guarantee for Rozgar Ajeevika Mission (Gramin) (VB-G RAM G) Act and restoration of MGNREGA as a rights-based law in its original form, the right to work and the authority of panchayats. PTI ASK ASK DV DV

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