You Searched For "import duty hike" and got 20 results
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2 mins read
Fund allocations to key sectors and schemes hiked in budget
The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…
ANI
2 mins read
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
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…
2 mins read
The EU slapped massive tariff hikes on China's EV giants. Investors don't seem to care.
Share prices of most Chinese electric vehicles surged on Thursday.
Huileng Tan
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
Gold import duty hiked to 15% from 10.75% earlier
Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent. Along with …
PTI
1 min read
Audi India raises prices of select models up to 2.4% due to custom duty and input cost hike
Audi India has declared a price hike on certain models. This means that Audi fans in India have to …
3 mins read
Indian government is softening the inflation blow with export bans, duty cuts and subsidies
The CPI inflation touched an eight-year high in April, at 7.79%. The rising inflation will not come…
3 mins read
Biscuits, ghee and hair oil to get cheaper after government duty cut — but after three months
The Indian government’s decision to allow duty-free import of crude soybean oil and sunflower oil, …
1 min read
Customs duty on imported footwear, furniture hiked
New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday announced increasing customs du…
PTI
1 min read
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
3 mins read
Elon Musk alert! India just hiked customs duty on imported electric vehicles to 40%
Elon Musk was hoping to launch Tesla in India, one of the world's big and budding markets for elect…
3 mins read
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
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
2 mins read
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…
3 mins read
To get more oxygen concentrators, Remdesivir injections and COVID-19 vaccines, India temporarily lifts customs duty and cess on imports
Facing supply shortages on multiple ends, the Indian government has decided to lift the customs dut…
2 mins read
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…
2 mins read
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…
1 min read
Petrol and diesel get more expensive in Odisha as government hikes value-added tax
The Odisha government has hiked Value Added Tax (VAT) on petrol from 26 per cent to 32 per cent and…
2 mins read
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…