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CUSTOM TARIFF RATIONALISATION
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...
- 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...
- 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 ...
- 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...
- GTRI calls for overhaul of tariff structure, customs to boost India's tradeA new report by GTRI urges India to overhaul its import tariffs and customs administration to boost manufacturing and exports. The think-ta...
- Budget 2026: 3 big changes India needs to solve the customs mazeUnion Budget 2026: India's customs framework needs a comprehensive overhaul to navigate global trade shifts and protectionism. Budget 2026 ...
- Finance Bill seeks to provide tax certainty, boost ease of Business: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman said the finance bill aims to provide tax certainty and improve the ease of doing business. The withdra...
- 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...
- We changed the optics of being high-tariff nation: CBIC chairman Sanjay AgarwalIndia's average Customs tariff has reduced to 10.66% from 11.65%, aligning with ASEAN countries. This rationalisation aims to improve trade...
- Budget shield in a new export orderThe budget prioritizes labour-intensive export growth by rationalizing customs duties, supporting small enterprises, and addressing regulat...
- 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 ...
- BSNL adds 22 lakh new connections a month in March quarter of FY16For per second plan, the charges are 1 paisa per 3 seconds for on-Net calls and 2 paise/3 second for off-Net calls.
- Budget 2015 wishlist: Automakers want government to reintroduce concessional excise dutyPending the report on electric/hybrid electric vehicles, the old MNRE (ministry of new and renewable sources) scheme should be reinstated.
- MTNL stops promotional plans offering per minute billingState-run telecom company MTNL has stopped its promotional offer for plans under which customers were charged on a per minute basis.
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