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CUSTOMS DUTY INCREASE
Cos' body for higher duty on copper used in solar moduleThe Indian Primary Copper Producers Association has urged the government to raise customs duties on solar copper products. They recommend i...
European Union to restrict Chinese hybrid cars imports to 3,50,000 per year, says reportThe European Union (EU) has agreed to restrict the import of Chinese hybrid cars to 350,000, with an annual increase of 6 per cent. The ini...
Audi India mulling local production of electric car, aims to double market share in 3-5 yearsAudi India is considering local manufacturing of a battery electric vehicle, with a decision expected in the next few months. The luxury ca...
Trump’s AI liability push opens blame game for models gone rogueHolding AI developers financially responsible for the safety of their products has won support from Treasury Secretary Scott Bessent and fo...
PCBL Chemical shares gain 25% in 6 months on supply, export optimismPCBL Chemical has seen a 25% stock increase due to anticipated higher carbon-black prices. The company expects improved export prospects an...
United passengers spent 12 hours waiting to fly from Washington to Rome, but a series of mechanical, weather and crew problems changed everythingUnited Airlines Flight 884 faced significant delays due to technical issues, weather complications, and crew time limits. Passengers boarde...
As sugar markets swing, eBuySugar bets on scale and digital tradeWith sugar prices, production, and trade policies becoming increasingly volatile, eBuySugar is expanding its role beyond simply connecting ...
Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
Fiscal path hinges on direct taxes as customs, excise revenues face pressure: ReportIndia's fiscal trajectory will increasingly depend on the strength of direct tax collections due to lower customs duties. Indirect tax reve...
Pulses import duties may ease over poor rainsAt present, imports of chana attract a 10% duty, while yellow peas are subject to a 30% duty. Tur and urad imports are allowed duty-free un...
ALPA India seeks tax relief for pilots in FY28 BudgetALPA India has called for tax relief measures to address the ongoing attrition of Indian pilots. The organization argues that the current t...
GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
Under-the-counter cash gold sales boom in India as high prices and taxes biteHigh gold prices, combined with higher taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save ...
Gems, jewellery exporters rush to beat new US tariff deadlineMumbai and Surat’s gems and jewellery exporters are stepping up production and rushing shipments to the US ahead of a potential new tariff ...
Up to 25% off! Flying abroad soon? Air India & Adani Airports launch online duty-free shopping with pre-order, airport pick-up & loyalty rewardsAir India and Adani Airports have launched an integrated online duty-free shopping platform for international travellers, allowing passenge...
From India to the US boardroom: Why L-1A is becoming a strategic US-expansion route for Indian mid-sized businessesIndian mid-sized and entrepreneur-led companies increasingly view the L-1A visa as a means to establish US operations. This visa allows for...
India’s consumer durables market may reach Rs 3.25 lakh crore by 2030: BCG-CII reportIndia's consumer durables market is anticipated to achieve substantial growth, reaching Rs 3-3.25 lakh crore by 2030. Increased household p...
Food Ministry asks edible oil firms to pass on full benefit of import duty cutsThe Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...
Retail prices of cooking oils may fall after duty cut: Industry body IVPACooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...
India’s jute industry set for turnaround as sales volumes seen rising 15%, margins improve: Crisil RatingsIndia's jute sector is poised for an impressive recovery this fiscal year, forecasting a remarkable twenty percent rise in domestic demand ...