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हिंदी

Current Affairs 24 February 2026

In short

  • Government cuts duty benefits for exporters under RoDTEP scheme by 50%
  • Meghalaya CM presents Rs 32,023 crore budget for FY27 with no new taxes

…and 6 more stories on GENERAL.

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Government cuts duty benefits for exporters under RoDTEP scheme by 50%

The Indian government has reduced duty benefits under the RoDTEP (Remission of Duties and Taxes on Exported Products) scheme by 50%, impacting exporters across sectors. This move aims to rationalize fiscal support amid improving trade balances. Exporters' bodies have urged a relook, citing potential competitiveness losses in global markets. The scheme refunds embedded duties and taxes on exports to boost manufacturing. The reduction applies from February 24, affecting rates previously set at 0.3% to 4.3% for various goods.

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Which scheme provides remission of duties and taxes on exported products in India?

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Meghalaya CM presents Rs 32,023 crore budget for FY27 with no new taxes

Meghalaya Chief Minister Conrad Sangma presented a Rs 32,023 crore budget for FY 2026-27, emphasizing development without imposing new taxes. Key allocations include infrastructure, health, and education sectors. The budget focuses on sustainable growth and tourism promotion. It builds on previous fiscal prudence with a revenue surplus projection. No tax hikes aim to support local businesses and households.

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What is the total outlay of Meghalaya's FY27 budget presented on February 24, 2026?

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Current Affairs by JobSafal