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CUSTOMS DUTY ABOLITION
Recycling body MRAI urges govt to remove 2.5% duty on aluminium scrapThe recycling industry is urging the government to abolish a duty on aluminium scrap. This removal will lower input costs for domestic manu...- Vijay Kedia says long-term capital gains tax should be abolished for nation building. Here’s whyAce investor Vijay Kedia has urged the government to abolish long-term capital gains (LTCG) tax on listed equities, stating that long-term ...
- Angel tax abolition set to fuel innovation and spur investment in deep-tech startups: Ashwini VaishnawUnion minister for electronics and information technology Ashwini Vaishnaw said angel tax was a major issue for deep tech startups. " With ...
- GJEPC suggests introduction of repair policy, cut in import dutyColin Shah, Chairman, GJEPC expressed confidence that with the support of the government, the sector will achieve its target of USD 70 bill...
- Imported ‘gifts’ may be capped at Rs 5,000 per Aadhaar number to keep tabs on Chinese etailerChinese etailers are allegedly taking undue advantage of customs duties exemption on gifts of up to Rs 5,000.
- FIEO seeks fiscal support in Budget for boosting exportsIt asked the government to create of an 'Export Development Fund' for aggressive marketing particularly for MSMEs and VAT exemption for mer...
- Budget 2015: Tyre dealers urge government to abolish 10% import dutyThe domestic tyre manufacturers, in their pre-Budget submission to the Finance Ministry, had demanded that the customs duty on tyre imports...
- Helicopter professionals seek policy for chopper industryA helicopter professionals body has sought the formulation of an integrated aeronautical policy to take into account the needs of the chopp...
- Budget 2009-10: Gain on the LCD, lose on the set-top boxYou need not envy your neighbour anymore. That sleek liquid crystal display (LCD) television set you yearned for could soon be up on your w...
- Cotton prices may go down following govt measuresPrices of domestic cotton are expected to decline following the abolition of customs duty on import of cotton and drawback benefits on expo...
- Export duty may hit steel cos in long runExecutives of leading steel companies told ET that they have to honour the long-term export commitments with their overseas customers and, ...
- Wool exporters seek cut in duty on wool wasteThe Wool and Woolen Export Promotion Council (WWEPC) has sought reduction of import duty on wool waste from 15 per cent to 5 per cent and a...
- Consumer durables industry seeks cut in customs duty on inputsThe domestic consumer durables industry has asked the government to cut customs duty on import of inputs, fearing a reduction in profitabil...
- CII for MAT abolitionContinuation of the existing peak customs duty rate, abolition of MAT and surcharge on corporate tax, review of fringe benefit tax (FBT), r...
- Customs duty cuts cost govt Rs 6300 crGovt has forgone Rs 6300 cr through cuts in customs duties to curtail inflation.
- Art silk industry seeks further duty cut on PFYIn the post-budget memorandum to the Union textiles minister Shankersinh Waghela, Federation of Indian Art Silk Weaving Industry (FIASWI) h...
- 'Cut import tariffs on electronic security products'The industry body Assocham has recommended reduction in import tariffs on electronic security products to 18.5% from 37% and to 0% from 12....
- More excise concessions on cardsAfter the big-ticket reforms in customs duty including the 5% reduction in peak customs duty, abolition of the 4% special additional duty o...
- Mini magic: it's froth-free, but well stockedThe BJP-led government on Thursday donned election battle gear, with finance minister Jaswant Singh unveiling an off-budget package, which ...
- Bumper crop puts govt in a corner over abolition of cotton dutyThere are various opinions about the Union textile ministry's suggestion to abolish import duty on cotton at a time when the country is gea...
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