Tag: Reforms
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Revolutionizing Customs: Purbaya Launches Technology-Driven Reforms
Finance Minister Purbaya Yudhi Sadewa has announced a series of technology-based reforms aimed at improving the performance of the Directorate General of Customs and Excise, following concerns over illegal trade and declining public trust in the agency. Speaking at the House of Representatives in Jakarta on Thursday, December 4, 2025 Purbaya said the government will…
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UNCTAD: Essential Global Finance Reforms Needed for Trade Stability
Reforms to the global financial system are essential to reduce vulnerability, improve predictability and better align trade, finance and development, a new UN Trade and Development (UNCTAD) report has said. Reforms to the global financial system are essential to cut vulnerability, boost predictability and better align trade, finance and development, UNCTAD has said. With 90…
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Modi Government Plans Major Tax Reforms Impacting Income Tax and GST
Home Business After Income Tax and GST, Modi government is now planning major changes in…., tax-payers will now… Finance Minister Nirmala Sitharaman has said that we need to have customs simplified for people to feel that it is not cumbersome to comply. Published: December 7, 2025 7:31 PM IST Nirmala Sitharaman- File image New Delhi:…
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Finance Minister Nirmala Sitharaman Announces Comprehensive Customs Reforms Ahead of Budget
Finance Minister Nirmala Sitharaman has indicated that a sweeping overhaul of India’s customs framework is imminent, signalling one of the most significant reforms to the system in recent years. Speaking at the Hindustan Times Leadership Summit, the Minister described customs as her “next big clean-up job,” emphasising the urgent need to simplify the regime, enhance…
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Finance Minister Nirmala Sitharaman Emphasizes the Importance of Transparency in Taxation Beyond Administrative Reforms
Finance Minister Nirmala Sitharaman today said that, with the growing digitalisation of the economy and emergence of new financial products, countries globally will have to cooperate with timely exchange of information, while ensuring fairness and public trust in the tax system. Addressing the 18th Global Forum Plenary Meeting in New Delhi, the Minister said…
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Finance Minister Nirmala Sitharaman Announces Comprehensive Customs Reforms
New Delhi: Finance minister Nirmala Sitharaman on Saturday exuded confidence that the economy will expand at 7% or more in the current fiscal year, sustaining recent quarters’ growth momentum, and that the rupee will “find its own way” against the dollar. The latest currency depreciation shouldn’t be seen in isolation but in the broader context…
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MCD Budget Unveiled by Commissioner Ashwani Kumar: Key Reforms to Boost Ease of Doing Business
ANI | Updated: Dec 06, 2025 07:25 IST New Delhi [India], December 6 (ANI): The Municipal Corporation of Delhi (MCD) Commissioner, Ashwani Kumar, has placed the budget proposals before the Standing Committee, presenting the financial estimates and key priorities for the coming year.He highlighted that the budget has been crafted to strengthen civic services, enhance…