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World’s largest diamond industry faces unemployment issue post import duty hike in India
The unemployment challenge comes in with a weak demand for diamonds in the global market due t…
Customs duty on imported footwear, furniture hiked
New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday announced increasing customs du…
PTI
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…
FM proposes to hike customs duty on imported electric vehicles
New Delhi, Feb 1 () Imported electric vehicles are set to become costlier as Finance Minister Nirma…
PTI
Apple iPhones 11 Pro series get costly in India by ₹1,300 after import duty hike
Apple has increased the price of some of its high-end iPhone models in India owing to an increase i…
India must take corrective measures as it acted ‘inconsistently’ with certain global trade provision: WTO
The dispute arose when Japan lodged a complaint against India for imposing safeguard — which i…
Customs duty hike to make imported mobile phones, chargers slightly expensive
New Delhi, Feb 1 () Imported mobile phones and chargers may cost 1-2 per cent more as the governmen…
PTI
India continues its defense of the rupee by hiking import duties on 19 products
This included a relaxation in overseas borrowing restrictions for Indian manufacturers, tax bene…
Govt announces hike in basic customs duty on silver to 10% to check imports
The government on Wednesday announced increasing the basic customs duty on silver, both in dore and…
PTI
India is hiking import duties on an additional 15 items to keep its current account deficit in check
The measures are part of a larger plan to keep India’s current account deficit, which occur…
India to gain ₹1.6 lakh crore this fiscal from record excise duty hike on petrol, diesel
This is the second hike in excise duty in less than two months and will help government garner …
PTI
You may soon have to pay more for buying wheat in India
In response, the Indian government called the US’ calculations flawed. It is expected to…
Central govt to get Rs 1.6 lakh cr from record excise duty hike on petrol, diesel
Commenting on the excise duty hike, Vikas Halan, Senior Vice President, Corporate Finance, Moody's …
PTI
In India, prices of home appliances reportedly set to rise after weak Indian Rupee raised input costs for manufacturers
With the exception of washing machines, the consumer and electronic appliances have seen slugg…
India gives its airlines a breather by cutting duties on jet fuel
India’s aviation sector hasn’t had an easy go of it this year. The losses have been mounting as fue…