Rising with pricing: Corporate revenue growth likely held firm in the first quarter, riding out the tempestCorporate India's revenue reached a two-year peak in Q1, propelled by significant price hikes. The domestic market drove growth in key sect...
09 Jul, 2026, 12.45 PM IST
Aluminium industry divided over removing custom duties for scraps and finished productsIndia's aluminium industry is split over import duties. Primary producers, represented by the Aluminium Association of India (AAI), want st...
05 Jul, 2026, 01.41 PM IST
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...
03 Jul, 2026, 04.22 PM IST
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...
01 Jul, 2026, 11.02 AM IST
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 ...
26 Jun, 2026, 12.14 PM IST
Union Budget 2026: Customs duty rationalisation to help boost exports, promote manufacturing, say expertsBudget 2026-27's customs duty rationalization is set to boost exports and domestic manufacturing by lowering costs for key sectors like cle...
01 Feb, 2026, 04.53 PM IST
Over Rs 1.52 lakh cr locked in Customs disputes; govt may look at amnesty scheme in FY27 BudgetPrice Waterhouse & Co suggests the government consider an amnesty scheme in the 2026-27 Budget to resolve over Rs 1.52 lakh crore in custom...
08 Jan, 2026, 07.28 PM IST
Budget shield in a new export orderThe budget prioritizes labour-intensive export growth by rationalizing customs duties, supporting small enterprises, and addressing regulat...
03 Feb, 2025, 01.00 AM IST
Budget FY26: Govt could cut customs duty on raw materials to boost manufacturingUnion Budget: The government could lower customs duties on raw materials for sectors like medical equipment, electronics, and footwear in t...
19 Jan, 2025, 12.46 PM IST
Budget 2024 misses mark on comprehensive custom duty rationalisation, say expertsThough Finance Minister Nirmala Sitharaman made multiple announcements regarding custom duties, experts say it could have made a comprehens...
30 Jul, 2024, 10.59 AM IST
Customs duty structure review to focus on reducing number of rates: Revenue SecretaryThe government plans to streamline customs duty rates, aiming to reduce them from about a dozen to five, according to Revenue Secretary San...
24 Jul, 2024, 08.27 PM IST
Need to rationalise customs duties in certain sectors: OfficialNormally, customs duties or tariffs are used as a policy tool to ensure a higher level of protection for certain sectors to boost domestic ...
12 Jan, 2024, 10.16 AM IST
Revenue loss due to customs duty rationalisation in iron, steel and plastic seen at Rs 10K-15K crThe government is expecting a revenue loss of Rs 10,000-15,000 crore as a result of the recent customs tax recalculation on iron and steel ...
30 May, 2022, 05.29 PM IST
- Power min seeks to streamline duties
The ministry of power has called for rationalisation of duties in the power sector. It has suggested reducing excise duty from the present ...
26 Jan, 2007, 02.38 AM IST
- Budget may herald Customs duty rationalisation for textile industry
The Customs duty structure for textile sector may see some rationalisation in the forthcoming Budget.
28 Dec, 2006, 02.35 AM IST
- Customs duty rationalisation in the works
Major tax reforms, including rationalisation of Customs duties and widening of the service tax net, are on the cards.
18 Nov, 2004, 02.20 AM IST
Customs duty rates likely to be rationalisedA MAJOR time-bound Customs duty reform is likely to be kicked off in the coming budget. The present set of duty rates is likely to be ratio...
27 Dec, 2001, 12.58 PM IST