The chemicals and petrochemicals sector continues to be a key driver of India’s industrial growth, contributing 8.1 per cent to the country’s overall manufacturing Gross Value Added (GVA) in FY 2024, according to the Economic Survey 2025–26 released by the Ministry of Finance. The sector’s strong backward linkages with petroleum…
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HSNS Cess FAQs 2026: Registration, Payment & Abatement Guide
The Health Security se National Security (HSNS) Cess Act, 2026, and the corresponding HSNS Cess Rules, 2026, set out clear procedures for manufacturers, particularly in sectors like Pan Masala production. These FAQs address key queries on registration, cess payment, abatement, and compliance to ensure smooth implementation. Registration under HSNS Cess…
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TRAI Recommends New Framework for Foreign SIMs in IoT Exports
The Telecom Regulatory Authority of India (TRAI) has released comprehensive recommendations proposing a dedicated regulatory framework for the sale of foreign telecom service providers’ SIM and eSIM cards used in Machine-to-Machine (M2M) and Internet of Things (IoT) devices meant exclusively for export. The move is aimed at enabling India’s growing…
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Piyush Goyal Urges Steel Industry to Boost Self-Reliance
Union Minister of Commerce and Industry, Shri Piyush Goyal, has urged India’s steel sector to embrace self-reliance and adopt a Swadeshi ethos during the 6th ISA Steel Conclave. Highlighting the strategic importance of steel as the backbone of India’s growth, he called on the industry to reduce import dependence, strengthen…