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CHEMICALS DUTY WAIVER
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
French regulator says most e-commerce platform products it tested breach EU rulesFrance's consumer watchdog found a staggering 75% of products from online platforms failed EU safety rules. Many items were found to be dan...
DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chainsThe Department for Promotion of Industry and Internal Trade is ensuring continuous supply of fuel, gas, and essential raw materials. Measur...
Indian pharma sector faces supply risk amid West Asia conflict despite duty waiverIndia's pharmaceutical industry faces ongoing concerns about securing essential petrochemical supplies due to the West Asia conflict. While...
Centre waives duties on key petrochemical products amid supply disruptions due to Iran warIndia has waived import duties on crucial chemicals like ammonium nitrate, methanol, and PVC for three months, starting April 2nd. This mov...
India has 'enormously high' tariffs, White House economic adviser Hassett saysIndia has significantly high tariffs that prevent imports, according to U.S. President Donald Trump's top economic adviser Kevin Hassett. H...
Battery costs for EVs and energy storage set to come down, says INOXGFL group's executive director Devansh JainImport duty waivers on lithium and other critical minerals were expected to decrease battery costs for electric vehicles and energy storage...
Battery costs for EVs and energy storage set to come down: INOXGFL ED Devansh JainINOXGFL Group's executive director Devansh Jain has said that import duty waivers on critical minerals like lithium will lower battery cost...
Government to import 4.5 lakh vials of antiviral drug RemdesivirDemand for Remdesivir has gone up manifold in the country with a surge in COVID-19 cases. The antiviral drug is used in the treatment of th...
Withdrawing customs duty may lead to hike in medicine prices: DG ShahThe Central Board of Excise and Customs (CBEC) last week issued a notification withdrawing exemption of levy of basic customs duty on as ma...
- Rubber industry for removal of anti-dumping duty on raw materials
The rubber industry has called for the removal anti-dumping duties on import of raw materials like rubber chemicals and carbon black.
- Bombay HC rules that PSUs are entitled for pre-exemptions in certain taxes
The Bombay High Court has ruled that public sector undertakings are entitled for pre-exemptions in certain taxes.
- India appeals to US senators for revival of duty-free imports
The scheme allowing duty-free imports was stopped in Dec '10 when Congressional authorization for it was not renewed, following objections.
- Paswan seeks ban on export of high-grade iron ore
Union minister for steel, chemicals and fertilisers Ram Vilas Paswan on Tuesday called for a ban on high-grade iron ore export to help the ...
- Govt puts PSU sell-off back on fast track
The government will soon seek Cabinet approval for a proposal to list some of the profit-making state-owned companies. A Term Plan is all y...
- Excise pain for petro chemical companies
Budget 2008 has made it more difficult for export-oriented units (EOUs) to sell in the domestic market.
- Centre offers tax sops to essential drugs
The department of chemicals and petrochemicals has recommended total exemption from excise and customs duties for some 354 essential drugs.
- PHDCCI outlines Industrial policy for Haryana
Outlining a comprehensive industrial policy for Haryana, PHDCCI has said that aim of the new policy should be to attract large investments ...