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TARIFF RATIONALISATION INDIA
Tariff rationalisation set to continue, more steps likely in FY28 Budget: FMFinance Minister Nirmala Sitharaman confirmed ongoing import tariff rationalisation efforts. Further measures are expected in the budget fo...- India may rationalise most customs tariffs by Budget 2027-28, Nirmala Sitharaman saysIndia's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This ...
- Capex push has revived private investment as India advances towards Viksit Bharat: Nirmala SitharamanFinance Minister Nirmala Sitharaman outlined Viksit Bharat's vision for a developed nation. She stated that 2047 is an immediate national h...
- FTAs must drive manufacturing, GVC integration and high-tech investmentA new committee will monitor India's free trade agreements and export barriers. It must also address import efficiency for competitive glob...
- India needs more GST relief to make travel affordable, drive tourism growth: SOTC Travel MDFurther GST rationalization on domestic hotels and restaurants could fuel tourism growth. The government's move to reduce tax collected at ...
- Small aluminium manufacturers hit by high cost of raw material due to import parity pricing: ReportDomestic aluminium MSMEs face higher raw material costs due to import parity pricing. A report highlights this pricing mechanism squeezes t...
- Scotch at a discount post UK FTA is only half the story for India's whisky marketIndia's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices...
- West Bengal unveils industry push as Mitsubishi eyes chip unitMitsubishi executives met with West Bengal officials regarding a semiconductor unit. The state government is preparing a new industrial pol...
- India's runaway smartphone PLI success holds lessons for the next wave of industrial policyIndia's smartphone production incentive scheme transformed the nation into a manufacturing hub. This policy successfully attracted global v...
- Industry body ASMA urges government to waive customs duty on primary aluminium, scrapThe Aluminium Secondary Manufacturers Association (ASMA) is urging the government to eliminate basic customs duties on primary aluminium an...
- SEZ job work, export schemes among issues discussed at stakeholder meetThe focus of discussions included synchronizing export mechanisms, facilitating rupee payments for services delivered to the Domestic Tarif...
- World MSME Day: What India’s recent FTAs and trade deals mean for MSMEsWhile FTAs have opened global markets for MSMEs, experts say future deals should be designed more carefully to help small firms compete at ...
- India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
- India should review FTAs, overhaul investment screening, report saysIndia should reassess the effectiveness of its existing Free Trade Agreements (FTAs), modernise its investment screening framework and adop...
- Textile sector: Time for a relook as tariff tantrum may soon be history? 5 textile stocks with upside potential of up to 27%The Indian textile and apparel sector has had a stressful year. The US tariffs disrupted orders to the sector’s largest market, squeezed ma...
- India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
- Lower user development fee okayed for Navi Mumbai AirportNavi Mumbai International Airport will see lower passenger charges. India's airport tariff regulator has approved reduced user development ...
- India will continue to review & rationalise its trade tariffs: FM SitharamanFinance Minister Nirmala Sitharaman stated that India plans to periodically review and rationalize its customs and anti-dumping duties to b...
- Consumers seek tariff rationalisation on dedicated freight corridorCommenting on the need to rationalise rail tariffs, Manish Puri, president, Association of Container Train Operators (ACTO) said, "Rail is ...
- Top US advocacy group submits Budget wish list, seeks rationalisation of tax systemThe forum advocated for a stable and predictable tax environment, more improvements in ease of doing business, rationalisation of the cost ...
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