Xiaomi contests a significant Indian tax demand on royalty payments. The company argues the ruling misinterprets contract manufacturing pra...

China has initiated dispute consultations with India at the WTO over measures concerning solar cells, solar modules, and IT goods. Beijing ...

French luxury giant Galeries Lafayette has launched its first Indian store in Mumbai. The brand partners with Aditya Birla Group for its en...

Despite Donald Trump's claim that India is the "tariff king," data shows India's weighted average tariff on U.S. imports is under 5%. In co...

Kannada actress Ranya Rao was arrested at Bengaluru airport for allegedly smuggling 14.2 kg of gold from Dubai. The incident highlights the...

In the wake of U.S. tariffs, India's Finance Secretary Tuhin Kanta Pandey stated that the country is not leaning towards protectionism. Ind...

Experts at the 106th National Convention of the Indian Numismatic Society in Mathura urged the government to reduce or eliminate the 33% cu...

Global rating agencies Fitch Ratings and Moody's endorsed India's 2024-25 budget for its policy continuity and commitment to deficit reduct...

With promotion of exports and enhancement of domestic manufacturing in focus, Finance Minister Nirmala Sitharaman on Wednesday announced a ...

At present, India levies a safeguard duty of 14.5% on solar components imported from abroad while there is no customs duty. India is chasin...

Inverted duty structure impacts the domestic industry adversely as manufacturers have to pay a higher price for raw material in terms of du...

Government also exempted import of parts, sub-parts, inputs or raw material for use in manufacture of lithium-ion cell from customs duty.

The duty benefit is provided on non-basmati rice under the commerce ministry's Merchandise Exports from India Scheme (MEIS).

The move would create a duty differential in the current tax regime which was being offered pre-GST by imposing a countervailing duty of 12...

Sharma expressed satisfaction over market diversification of exports and said that would contribute more to the growth of India's exports.

The chemicals industry has sought zero per cent duty structure on import of feedstock and raw material in the forthcoming budget.

India blocked a World Trade Organization investigation of its import duties on American wine and spirits today, temporarily delaying a US g...