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Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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3 mins read

Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…

ANI   


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1 min read

Govt cuts import duty on refined soybean & sunflower oils to 12.5%

The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent f…

PTI   


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1 min read

Centre hikes import duty on platinum to 15.4%

Import duty on platinum has been increased to a total of 15.4 per cent with effect from Monday thro…

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1 min read

Diamonds will now be cheaper, imitation jewellery and umbrellas costlier – here are the highlights on how Budget 2022 will impact imports

Diamonds will now be cheaper to purchase in India, while imitation jewellery and umbrellas are amo…

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1 min read

Elon Musk wants to bring Tesla to India but high import duties are a challenge

"We want to do so, but import duties are the highest in the world by far of any large country!…

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1 min read

Xiaomi, LG and Micromax-backed lobby seeks extension of zero import duty on open cell TV panels

The Indian Cellular and Electronics Association (ICEA) has sought extension of the zero import duty…

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3 mins read

Budget 2021: Gems and jewellery industry seeks reduction of import duty to 4%

He further urged the government to keep goods falling under HSN-71 (Harmonised System Nomenclat…

PTI   


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2 mins read

India risks WTO wrath with higher duties on mobile phones as it seeks to boost domestic manufacturing

Duty on printed circuit board assemblies (PCBA), which is an integral part of mobile phones …

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10 mins read

Entire list of imported products that will be more expensive after budget 2020

Finance Minister Nirmala Sitharaman's budget speech specified only a few products like furniture an…

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1 min read

Govt proposes to cut import duty on newsprint to 5 pc

New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday proposed to cut the import duty…

PTI   


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2 mins read

Commerce Ministry proposes cut in gold import duty in Budget

New Delhi, Jan 13 () The commerce ministry has sought reduction in the import duty on gold in the f…

PTI   


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1 min read

Will work with gems, jewellery industry on import duty demand: Goyal

New Delhi, Nov 22 () Commerce and Industry Minister Piyush Goyal on Friday said he will work with g…

PTI   


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1 min read

SEA urges govt to not cut import duty on crude palm oil

New Delhi, Dec 27 () Edible oil industry body SEA on Friday urged the government to not reduce the …

PTI   


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3 mins read

Alcohol manufacturers plead NITI Aayog for import duty exemption on ENA

New Delhi, Dec 1 () Indian alcohol manufacturers have approached NITI Aayog, seeking exemption of i…

PTI   


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1 min read

Jewellery industry urges govt to reduce import duty on gold, polished diamonds

"We have been pursuing with the government constantly with few concerns which require immediate at…

PTI