CBDT raises Cost Inflation Index to 384 for 2026-27

IANS | July 16, 2026 3:17 PM

New Delhi, July 16 (IANS) The Central Board of Direct Taxes (CBDT) has increased the Cost Inflation Index (CII) for the financial year 2026-27 by 2.3 per cent to 384 from the corresponding figure of 376 in the previous financial year.

Govt proposes new fuel economy norms for cars from April 1, 2027

IANS | July 16, 2026 2:13 PM

New Delhi, July 16 (IANS) The Ministry of Power on Thursday circulated the draft Corporate Average Fuel Economy 2027 Norms (CAFE-III) for stakeholder consultation, which propose a fresh five-year fuel efficiency regime for passenger vehicles, beginning from April 1, 2027.