
CBDT MAPs out rules for foreign taxpayers
By Marcus Chen
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Listen to this article in summarized format Listen Loading... × × Subscribe to Unlock AI Briefing and Premium Content New Year Offer 24 Hours Left Subscribe Now Already a member? Sign In What's Included Exclusive Stories Daily ePaper Access Smart Market Tools Curated Investment Ideas Ad-lite Experience Subscription Remember the question that kept India hooked after watching Baahubali 2 : The Conclusion ? Why did Kattappa kill Baahubali ? Years after the film turned this mystery into a national talking point, Union Commerce and Industry Minister Piyush Goyal has brought the reference back, this time with a message about India's position in global trade. Using the famous Baahubali moment, Goyal has drawn a comparison between the betrayal depicted in the blockbuster and the growing importance of trust in international business relationships. His message is straightforward: when countries around the world are looking for reliable trading partners, India is an option they can count on. In a post on social media platform X, Goyal recalled how the entire country once wanted to know why Kattappa killed Baahubali . He then connected that question to the concerns of countries navigating today's uncertain global economic environment. — PiyushGoyal (@PiyushGoyal) "Today, in global trade, partner countries are asking a different question: Who can we trust? The answer is India. A partner that stands by its word. A partner that never stabs you in the back," Goyal said in his message. The minister's reference to one of Indian cinema's most memorable plot twists has added a popular cultural angle to India's pitch as a dependable international business partner. Why is Piyush Goyal talking about Kattappa and Baahubali? His message comes at a time when global trade is facing several challenges, including geopolitical tensions, supply chain disruptions and uncertainty over trade policies. Countries and businesses are increasingly looking beyond traditional commercial relationships to identify partners that offer stability and long-term cooperation. India wants to position itself as one such destination. Live Events You Might Also Like: My cook earns Rs 1 lakh a month and is going to Thailand: Mumbai man says he has better financial planning than MBA, IIT graduates Why does India want to be seen as a reliable global trade partner? The minister's remarks reflect India's broader ambition to expand its role in international trade and manufacturing. Over the past few years, the government has pushed initiatives such as Make in India and Atmanirbhar Bharat to strengthen domestic manufacturing and reduce dependence on imports in important sectors. India has also been seeking greater participation in global supply chains . Several international companies are exploring manufacturing and investment opportunities in the country as businesses reassess their dependence on individual markets. For global companies, the choice of a manufacturing destination involves more than production costs. Policy continuity, infrastructure, market access and the ability to maintain supplies during disruptions also matter. This is where India is trying to build its case. From manufacturing to diplomacy: India's global ambitions India's economic engagement has expanded across several regions, with trade agreements and investment partnerships becoming important parts of its international strategy. The country has also sought to strengthen commercial ties with developed economies while expanding cooperation with emerging markets. Its large domestic consumer base, growing digital infrastructure and expanding manufacturing ecosystem offer opportunities for international businesses. At the same time, India's position in global affairs gives it an opportunity to engage with countries across different economic and geopolitical groupings. Goyal's statement brings these ambitions into a simple message that audiences can easily understand. Trust, after all, is central to any lasting business relationship. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel ) In Video: India is a trusted global partner in a world full of ‘Katappas’: Piyush Goyal at CII Summit Read More News on Why did Kattappa kill Baahubali Piyush Goyal Kattappa killed Baahubali Baahubali 2 India global trade India trusted trade partner India's international trade Make in India global supply chains India foreign trade policy (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Why did Kattappa kill Baahubali Piyush Goyal Kattappa killed Baahubali Baahubali 2 India global trade India trusted trade partner India's international trade Make in India global supply chains India foreign trade policy Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Business of Odd Things: The farm that needs no land, freshwater, or fertiliser KYC and KYB: Inside Pidilite, the company that turned Fevicol into a word for a strong bond – Part 1 of 3 Seoul halts trading, Nifty has its best week since 2021: Money leaving the AI trade – will it land in India? 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