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Madhusudan Sahoo
About the AuthorMadhusudan Sahoo
With over 25 years of experience, I've extensively covered policy-related business developments and stories in the finance and economy domains, with a focus on corporates. His career has seen him working with various mainstream media organizations at different levels in Mumbai, Chandigarh, and Delhi.
    Demerit Goods to Face Health, Security Cess: Nirmala SitharamanNation
    Demerit Goods to Face Health, Security Cess: Nirmala Sitharaman

    Revenue from levy will be shared with States for health schemes

    5 Dec 2025 1:36 AM IST

    India, Russia Must Bring Greater Diversity, Balance to Trade Ties: Piyush GoyalCurrent Affairs
    India, Russia Must Bring Greater Diversity, Balance to Trade Ties:...

    Goyal also highlighted vast untapped opportunities for Indian exporters in sectors such as automobiles, electronics,...

    4 Dec 2025 8:42 PM IST

    Parliament Approves Bill To Levy Higher Excise Duty On Tobacco, Related ProductsNation
    Parliament Approves Bill To Levy Higher Excise Duty On Tobacco,...

    The Bill aims to augment resources for meeting expenditure on national security and public health, and to levy a cess...

    4 Dec 2025 9:36 AM IST

    Tobacco Excise Revenues to Be Shared With States at 41%Nation
    Tobacco Excise Revenues to Be Shared With States at 41%

    At the time of the introduction of the GST on July 1, 2017, a compensation cess mechanism was put in place for five...

    3 Dec 2025 11:47 PM IST

    India Services PMI Jumps to 59.8; Domestic Demand Powers GrowthBusiness
    India Services PMI Jumps to 59.8; Domestic Demand Powers Growth

    The growth remained strong with business activity expanding at a faster pace after a mild slowdown in October

    3 Dec 2025 8:33 PM IST

    Govt Withdraws Mandatory Pre-Installation of Sanchar Saathi AppNation
    Govt Withdraws Mandatory Pre-Installation of Sanchar Saathi App

    Government cites strong citizen response as reason for lifting mandatory installation rule

    3 Dec 2025 3:28 PM IST

    India’s Russian Oil Imports Drop One-Third After US SanctionsBusiness
    India’s Russian Oil Imports Drop One-Third After US Sanctions

    The sanctions have resulted in companies like Reliance Industries, Hindustan Petroleum Corporation Ltd (HPCL),...

    2 Dec 2025 9:34 PM IST

    FM Calls For Cooperation Of Nations Over Exchange of Information on Tax SystemCurrent Affairs
    FM Calls For Cooperation Of Nations Over Exchange of Information on...

    The finance minister further said that confidentiality and cybersecurity must be maintained with great care

    2 Dec 2025 6:21 PM IST

    Centre Unveils Two New Tax Bills to Overhaul Sin Goods Levies Ahead of GST Cess ExpiryBusiness
    Centre Unveils Two New Tax Bills to Overhaul 'Sin Goods' Levies Ahead...

    Union finance minister Nirmala Sitharaman said that the move provides for a new central excise duty to retain high taxes...

    1 Dec 2025 10:12 PM IST

    Indias Manufacturing Growth Slumps to Nine-Month Low Amid US Tariff ImpactBusiness
    India's Manufacturing Growth Slumps to Nine-Month Low Amid US Tariff...

    There was a mild loss of overall growth momentum

    1 Dec 2025 9:55 PM IST

    Finance Ministry Does Not Issue Advisory to LIC on Investment Decisions: SitharamanCurrent Affairs
    Finance Ministry Does Not Issue Advisory to LIC on Investment...

    India's largest insurer has, over the years, made investment decisions across companies based on fundamentals and...

    1 Dec 2025 6:51 PM IST

    Indirect Tax Collection Impacted in November Due to GST Rate CutCurrent Affairs
    Indirect Tax Collection Impacted in November Due to GST Rate Cut

    As per the finance ministry’s data, the gross GST collection rose at a slower pace of 0.7 per cent in November at Rs...

    1 Dec 2025 6:42 PM IST

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