August 18, 2026

Kautilya

Governance

Govt Proposes to Replace Existing SEZ Law With New Legislation

The administration proposed on Tuesday to repeal the existing law governing special economic zones (SEZs) and replace it with a new law that would allow states to collaborate on the “Development of Enterprise and Service Hubs.”  The current SEZ Act was passed in 2006 with the goal of establishing export hubs and increasing manufacturing in the country. However, with the enforcement of a minimal alternate tax and the adoption of a sunset clause for the removal of tax benefits, these zones began to lose their lustre.  In purposes of customs regulations, these zones are treated as foreign entities.

By Kautilya / February 3, 2022
Governance

Highlights of The Union Budget 2022-23

The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country’s strong resilience. This was stated by Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman while presenting the Union Budget in Parliament on Tuesday.

By Kautilya / February 2, 2022
Economy Governance

Summary of Union Budget 2022-23

The Finance Minister said, India is celebrating Azadi ka Amrit Mahotsav and it has  entered into Amrit Kaal, the 25-year-long leadup to India@100, the government aims to attain the vision of  Prime Minister outlined in his Independence Day address

By Kautilya / February 2, 2022
Governance Infrastructure

National Highways Network To Be Expanded By 25000 Km In 2022-23

PM GatiShakti is a transformative approach for economic growth and sustainable development. The approach is driven by seven engines, namely, Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure. While presenting the Union Budget 2022-23 in Parliament on Tuesday the Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman said all seven engines will pull forward the economy in unison.

By Kautilya / February 2, 2022