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CUSTOMS DUTIES
Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...05 Nov, 2026, 03.30 PM IST- Gold retailers' revenue to rise up to 23% as volume decline moderates this fiscal: CrisilIndia's organised gold jewellery retailers are expected to see a slower decline in sales volumes this fiscal, with revenue projected to gro...05 Nov, 2026, 02.33 PM IST
- Indian travellers in Dubai can get up to AED 100 off at Dubai Duty Free using UPIIndian travellers can now enjoy a 10% discount at Dubai Duty Free by using India's UPI for payments. This initiative, introduced by NPCI In...05 Nov, 2026, 12.50 PM IST
- Prices of premium Scotch set to fall in Delhi after customs duty cut on British spiritsPrices for premium Scotch whiskies in Delhi are expected to decline shortly due to changes in customs duty. The reduction in import duty fo...04 Nov, 2026, 06.53 PM IST
- Scotch whisky in Delhi may get cheaper after Diwali as excise department begins price revisionScotch whisky prices in Delhi could drop by around 7% due to changes in import duties. The new rates will likely affect popular brands like...04 Nov, 2026, 01.18 PM IST
- Fiscal deficit likely to exceed FY27 target by up to Rs 1.2 lakh croreIndia's fiscal deficit for the year 2026-27 is projected to exceed the budgeted target by a significant amount. The anticipated deficit may...03 Nov, 2026, 11.49 PM IST
- Budget 2027: Customs duty relief on 118 goods under reviewThe Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input ...03 Nov, 2026, 12.48 AM IST
- 8th Pay Commission: 6 key demands by Railway employee's body; better pay, merging of pay scales, hardship allowance and more8th Pay Commission news: The All India Railwaymen's Federation has made significant recommendations to the 8th Pay Commission. Higher pay s...02 Nov, 2026, 06.10 PM IST
- India, EU discuss FTA implementation ahead of December signingIn an effort to advance their free trade agreement, India and the European Union held pivotal discussions led by Commerce Secretary Rajesh ...02 Nov, 2026, 12.45 PM IST
- India extends cotton import duty exemption till December 31The Indian government has extended the customs duty exemption on cotton imports to December 31. This decision aims to support the textile i...31 Oct, 2026, 05.40 PM IST
- Commerce ministry sets up committee for better utilisation of RELIEF initiative for exportersThe commerce ministry has established a six-member committee to enhance the RELIEF initiative for exporters. This initiative aims to mitiga...31 Oct, 2026, 03.32 PM IST
- Govt extends customs duty exemption on cotton imports till December 31The Indian government has announced an extension of the customs duty exemption on cotton imports until December 31, 2026. This move aims to...31 Oct, 2026, 03.03 PM IST
- Odoo 20 strengthens business operations with deeper India-specific compliance featuresOdoo 20 has launched several updates designed specifically for Indian businesses. These updates focus on enhancing GST compliance, payroll ...31 Oct, 2026, 10.37 AM IST
- Fiscal deficit in H1 rises to 42.1% of FY27 target on higher capex, subsidiesBy September 2026, the Centre's fiscal deficit had escalated to ₹7.14 lakh crore, exceeding last year's figures. This increase is fueled by...30 Oct, 2026, 11.46 PM IST
- India extends cotton import duty exemption till December 31 to ease textile costsThe Centre has decided to extend the customs duty exemption on cotton imports until December 31, 2026. This extension aims to improve cotto...30 Oct, 2026, 11.34 PM IST
- Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machineryAn integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will...27 Oct, 2026, 07.54 AM IST
- India expected to extend duty-free cotton imports through December, sources sayIndia is expected to extend the 11% customs duty exemption on cotton imports until the end of December to ease supply shortages, lower dome...26 Oct, 2026, 03.26 PM IST
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