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surabhi
Surabhi

Surabhi

tvtn

surabhi@aajtak.com

Economy Editor at Business Today. A journalist for nearly two decades, I write on government policy and economy on a wide array of issues ranging from taxation and economic affairs, commerce and industry, statistics and labour markets. A large part of the focus of my reporting is on breaking down complex government policies and jargon into simple concepts that everyone can understand. How these policies, whether they are tax cuts or hikes, changes in PF formalities or interest rate announcements by the RBI, impact ...

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Sources are also confident that the Centre will be able to meet its capital expenditure target of Rs 11.21 lakh crore for the fiscal year.

Centre on track to meet fiscal deficit target of 4.4% in FY26

by Surabhi |Dec 9, 2025

Capex growth to remain strong, FY27 fiscal deficit target may be at 4-4.2% of GDP

Meanwhile, crypto exchange platforms have collected Rs 511.83 crore in tax deducted at source from users in FY25.

Virtual digital assets: Tax authorities detect undisclosed income of Rs 888.82 crore

by Surabhi |Dec 8, 2025

MoS Finance says crypto exchange platforms have collected Rs 511.83 crore in tax deducted at source from users in FY25.

 The Centre had notified the long-pending Labour Codes on November 21, 2025

Central trade unions likely to meet on Dec 8 to discuss further protests against Labour Codes

by Surabhi |Dec 5, 2025

 Nationwide strike may happen in February 2026; Codes seen as anti-worker, but 14 other unions led by BMS support new laws

The rupee breached the 90 level against the US dollar on December 3, but there is expectation that it would hold against 91 levels and could possibly even stay in the 88-89 level.

Rupee recovers to 89.96 after hitting record low - markets split on whether it will break 91

by Surabhi |Dec 4, 2025

INR recovered to 89.96 against USD. Much of the depreciation in the Indian currency is due to anxiety over the India-US trade deal and dollar outflows by foreign portfolio investors.

In FY25, India’s exports to Russia amounted to just $4.88 billion and imports were $63.84 billion.

Russian President Putin’s visit seen to boost bilateral trade, investment opportunities

by Surabhi |Dec 4, 2025

The two countries aim to boost bilateral trade to $100 billion by 2030 from $68.7 billion in FY25, India-EAEU working on FTA.

RBI MPC: Will the central bank cut repo rate in December?

RBI MPC faces tough call on rate cut decision

by Surabhi |Dec 2, 2025

Despite low inflation, robust Q2 GDP, could hold rates amidst geopolitical developments, falling rupee

In rural areas, the estimated average GST liability declined to Rs 132-199 under the new structure from Rs 165-229 under the old structure.

GST reforms: Average GST liability rate is expected to fall to 4-6% under new structure

by Surabhi |Dec 1, 2025

NIPFP study says GST rate reductions are expected to enhance consumers' purchasing power

Gross GST collections in November grew by 0.7% year-on-year (YoY) to Rs 1.7 lakh crore, while net revenue grew by 1.3% YoY to Rs 1.52 lakh crore.

GST collections flat for November, but data point to consumption boost

by Surabhi |Dec 1, 2025

Official sources pointed out that the structure of GST has changed now, several sectors see growth in taxable value of supplies

Currently, tobacco products including pan masala, gutkha, and cigarettes attract 28% GST plus compensation cess and other duties — pushing the overall tax burden beyond 50%.

Winter Session: Centre to introduce bills to replace GST compensation cess on tobacco, pan masala on Day 1

by Surabhi |Nov 30, 2025

Union Finance Minister Nirmala Sitharaman to introduce Central Excise Amendment Bill, 2025, and The Health Security se National Security Cess Bill, 2025 in Lok Sabha

The GDP estimates come at a time when the economy is facing the brunt of the 50% US tariffs.

With Q2 GDP growth at higher than expected 8.2%, FY26 growth seen at over 7%

by Surabhi |Nov 28, 2025

Private consumption, manufacturing power up growth, US tariff impact in H2 to be seen