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EXPORT TAX INDIA
India cuts windfall tax on exports of petrol, diesel, aviation fuelIndia has reduced windfall taxes on petrol, diesel, and aviation fuel exports. The duty on diesel exports is now 24 rupees per litre, while...
- India's split-personality trade policy needs a reset
India is actively chasing bilateral trade agreements with vigor and determination. However, its approach to multilateral trade is character...
Zetwerk promoters pledge stake; PhysicsWallah Q1 losses narrowZetwerk’s promoters have pledged nearly a third of their stake ahead of the company’s IPO. This and more in today's ETtech Top 5.
Debt grows slower than GDP, CAG says; revenue lapses persistGovernment debt servicing remains positive, with loan accumulation below GDP expansion. However, irregularities worth ₹603 crore were found...
Tax Bill 2026 clears tax hurdles for electronics manufacturing and boosts India's global supply chain competitivenessThe Taxation and Other Laws (Amendment) Bill 2026 is a transformative measure aimed at boosting global electronics supply chains. By elimin...
Trump White House says it's losing $19B-$26B a year in revenue as countries dodge tariffsA new US report claims countries route exports through third nations to avoid tariffs. This practice, known as transshipping, costs the Uni...
LG Electronics India Q1 Results: PAT rises 27% YoY to Rs 653 crore; revenue up 15%LG Electronics India Q1 Results: Household appliances maker LG Electronics India reported a 27.2 % year-on-year rise in profit after tax (P...
LG Electronics India sees bigger screens, premium appliances powering FY27 growthLG India reported strong June quarter results with revenue up fifteen point five percent. Bigger television screens and premium appliances ...
Swadeshi 1.0 vs. Made in India 2.0: How India turned a 1905 boycott into a 2026 business strategyIndependence Day 2026: From the Swadeshi movement to Atmanirbhar Bharat. Early Swadeshi movements fostered indigenous industries against im...
India’s gem and jewellery exports rise 0.38% to $2.35 billion in JulyIndia’s gem and jewellery exports remained nearly flat in July 2026, rising 0.38% year-on-year in dollar terms to $2.35 billion, while rupe...
China to keep imposing anti-dumping duties on Indian single-mode optical fibre importsChina will continue anti-dumping duties on Indian optical fibre for five years. This decision follows a review which concluded dumping coul...
KRN Heat Exchanger shares hit 5% upper circuit as Q1 net profit more than doublesShares of KRN Heat Exchanger and Refrigeration hit a upper circuit on Thursday, following a strong Q1 FY27 earnings performance. The rally ...
Govt tightens drug quality net, initiates 950 actions since 2022: Over 1,100 cough syrup makers facing intensive audits amid quality concernsThe government has initiated 950 enforcement actions against pharmaceutical companies since December 2022. These actions aim to improve the...
Himachal imposes 60 paise/litre widow, orphan cess on petrol, dieselThe Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow ...
Critical minerals being prioritised in trade, investment engagements: Govt tells ParliamentIndia is strengthening supply chains by prioritizing energy and semiconductor sectors. The nation aims to reduce import dependence through ...
Government approves introduction of one billion polymer banknotes of Rs 10 and 20The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressur...
CNH's India posts 42% jump in H1 tractor sales, eyes capacity boost as US tariff strain easesIn a significant development, CNH India has witnessed a 42 percent rise in domestic tractor sales, securing its highest market share to dat...
Govt mandates exporter registration for FDI-backed ecommerce inventory exportsForeign-invested ecommerce firms must register as exporter-on-record for export inventory. These companies can only procure and stock goods...
Govt notifies norms to facilitate ecommerce firms undertaking inventory-based online exportsForeign investment is now permitted in export-only ecommerce inventory operations. Companies must register as Exporter-on-Record to stock g...
India raises windfall tax on petrol exports to Rs 3.5/litre, diesel to Rs 24/litre from August 3The government has decided to raise the windfall tax on fuel exports, now charging Rs 3.5 per litre for petrol and a steep Rs 24 per litre ...