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EXPORT DUTY
India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...- India-Oman CEPA sparks first duty-free gold jewellery shipment from KolkataThe first shipment of gold jewellery from Kolkata to Oman under the India-Oman CEPA was dispatched by Wonder Jewels, marking the start of d...
- Worst is behind, demand recovery underway for Indian textile sector as tariff woes ease: ReportIndia's textile industry is seeing a comeback as uncertainty over US tariffs has ended. Global demand is getting better. This brings new ho...
- Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till DecemberIndia has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision ...
- Union Cabinet passes resolution lauding PM Modi for becoming the longest-serving elected PMThe Union Cabinet on Wednesday passed a resolution applauding Prime Minister Narendra Modi for becoming the longest-serving elected PM for ...
- India-Oman trade pact to open huge export opportunities for labour-intensive sectors: ExpertsIndia and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement a...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
- India-Oman trade pact creates strong export push for India's textile MSMEs: GovtIndia's textile and apparel sector is poised for significant growth in Oman following the India-Oman Comprehensive Economic Partnership Agr...
- India renews 5-year levy on solar glass imports from Malaysia: GazetteIndia has extended import duties on Malaysian solar glass for five more years. This decision follows a government review finding that remov...
- US tariffs on agricultural machines to be cut, 50% metal levies stayThe US has reduced tariffs on farm equipment to 15% and introduced a new 10% tariff for products using at least 85% US-origin metals. These...
- US may have shaved its metal tariffs but the steel wall facing Indian exporters remains standingTariff modifications in the United States bring a touch of relief for Indian exporters, particularly with reduced duties on select metal-in...
- Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...
- Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...
- CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exportsThe move aims to boost the competitiveness of India's MSME-dominated textile sector amidst global challenges and support the nation's targe...
- India-Oman CEPA kicks in June 1: What gets cheaper, which sectors gain, and key benefits explainedIndia's Comprehensive Economic Partnership Agreement with Oman comes into effect on June 1, granting New Delhi 100% duty-free access for 98...
- India cuts export duties on petrol, diesel and aviation turbine fuelIndia will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per li...
- Government revises windfall tax on fuel exports from June 1New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...
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