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1 min read
India signs customs mutual recognition agreements with seven nations; Actively pursuing more, says CBIC chief
India has signed mutual recognition agreements (MRAs) with customs authorities of seven nations and…
PTI
2 mins read
Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn
The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …
Filip De Mott
1 min read
Govt cuts windfall tax on domestic crude, export of diesel, ATF
The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/…
PTI
2 mins read
Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports
The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…
PTI
2 mins read
Trump's plan to tax the entire world will result in the type of global trade war not seen since the Great Depression, think tank says
"The Trump plan is for increased tariffs on all products from all countries. It is not just America…
Filip De Mott
4 mins read
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…
Cork Gaines
2 mins read
Govt hikes windfall tax on domestic crude, reduces levy on export of diesel
As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…
ANI
2 mins read
Blackstone to invest $2 bn every year in India; wants quicker M&A clearances
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…
PTI
1 min read
Spiking oil prices helped Russia energy-tax revenue double last month
The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…
Filip De Mott
2 mins read
Apple exported 'India-made' iPhones worth Rs 65,000 crore in 2023
As India doubles down on local manufacturing, Apple assembled iPhones worth more than Rs 1 lakh cro…
1 min read
Govt hikes windfall tax on crude petroleum, cuts levy on diesel
The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…
PTI
3 mins read
Multibagger electrical goods stock crashes on alleged tax evasion shock
The stock of Polycab India fell sharply by 15% on Thursday morning trade, after news of tax evasion…
2 mins read
Windfall tax on diesel export hiked to ₹1 per litre
The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy…
PTI
2 mins read
ITC Q2 net profit rises 6.1% to Rs 4,955.90 crore
Diversified entity ITC Ltd on Thursday reported a 6.11 per cent rise in consolidated net profit to …
PTI
3 mins read
Carbon tax turns into climate fight at COP28
The European Union's plan to impose a tax on the carbon pollution emitted to make goods imported fr…
PTI
1 min read
Windfall profit tax on crude oil hiked, levy on export of diesel cut
In the fortnightly revision of windfall tax, the government hiked the rate on export of diesel…
PTI
1 min read
Russia's oil exports are climbing near 4-month highs despite big production cuts
Moscow's crude exports climbed higher in the last four weeks despite earlier its move to slash its …
Jennifer Sor
1 min read
Windfall profit tax raised on export of diesel, Jet fuel
This was done after a fortnightly review on Wednesday, a Finance Ministry notification said. …
3 mins read
India should use calibrated retaliation mechanism to deal with EU's carbon tax, says report
India should positively consider imposing retaliatory customs duties in a calibrated manner on cert…
PTI
4 mins read
India’s exports have a long way to go and the curbs are not helping
During 2021-22, India exported goods and services worth $669.7 billion (22.8% of GDP) as against $5…