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DE MINIMIS TARIFF EXEMPTION
Trump to impose 100% tariffs on larger, sensitive drones; smaller models face 25% levyUS President Donald Trump has announced tariffs of up to 100% on imports of certain larger drones and sensitive unmanned aircraft systems, ...- US court backs Trump's power to close 'de minimis' tariff exemptionThe U.S. Court of International Trade on Thursday upheld Donald Trump’s authority to end the “de minimis” tariff exemption for low-value im...
- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
- Bought something last year from an overseas vendor? It might be time to check your bank a/cFollowing a Supreme Court ruling that mandates the return of collected tariffs, major shipping companies are now issuing significant refund...
- Shein's slowing growth tests investor appetite ahead of Hong Kong IPOShein’s upcoming IPO faces skepticism from investors due to a notable decline in growth rates. The fast-fashion giant is grappling with ris...
- Quote of the day by Robert De Niro: “If you're an actor, always be true to your character. If you are not…” — Timeless advice from one of Hollywood’s finest actorsRobert De Niro underscores the vital need for authenticity in not just acting but life itself. He stresses that strong character and self-i...
- Shein finds there's no place like China after Vietnam warehouse experiment disappointsU.S. exemptions for duties on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Tru...
- India's Menage a Trois: Graham Act puts New Delhi's strategic autonomy to testThe new US legislative proposal aims to introduce tariffs on nations acquiring Russian energy, challenging India to balance its energy dema...
- US Senate Russia sanctions vote raises risk for Indian crude supplies, says KplerA US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...
- America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...
- 100% tariff threat looms over India as US senate passes Russia sanctions billThe US Senate passed a sanctions bill targeting Russia's energy sector. This legislation grants the President power to impose tariffs on ma...
- Gratuity tax deduction denied due to ITR filing error? ITAT Chennai says genuine claims can't be rejectedDue to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine ded...
- Early surge in US container imports coming to an end, shippers sayUS container import volume, driven by tariffs and war surcharges, has peaked. Shippers are now well-stocked for the upcoming holiday shoppi...
- US cos see growing business interest in India as bilateral trade crosses $240 billion, says envoy GorSergio Gor, the US Ambassador, underscores the robust trust and teamwork that characterize US-India relations. With American businesses pur...
- 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...
- Parliament Watch: India-US BTA push, EPFO relief, highway slowdown among key updatesA parliamentary panel has recommended the swift conclusion of the India-US Bilateral Trade Agreement, emphasizing the need for safeguards a...
- Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goodsThe panel suggested the commerce department prepare a time-bound roadmap to achieve the objectives of the Mission 500 initiative by promoti...
- Global markets: Shein will struggle to justify up to $50 billion Hong Kong IPO valuationWhile the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounti...
- Shein will struggle to justify $40-50 billion Hong Kong IPO valuationRevenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion r...
- Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPOThe retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a li...
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