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IMPORT DUTY EXEMPTION COTTON
Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s whyIndian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for...
India allows four Chinese-linked power equipment firms to bid for government projectsIndia has opened the door for four Chinese power equipment manufacturers with local factories to bid on crucial government power projects. ...
Jewellers may be louped in for idle gold mobilisationThe government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount...
Made less than Rs 1.25 lakh LTCG from equities this year, do you need to file ITR?Even if your long-term capital gains from stocks are under Rs 1.25 lakh, you must still file your Income Tax Return for AY 2026-27. While t...
EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
India initiates anti-dumping probes against five products from China, other nationsThe five items are moulded soda-lime glass vials; electric tractors in 6x4 and 4x2 axle configuration in any form; cyanuric chloride; polye...
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
The income your tax return doesn't need to include; 8+ types of tax-free income in India
Duty waiver on petrochemical products extended till July 15Indian manufacturers will continue to benefit from a full customs duty exemption on imported petrochemicals until July 15. This extension a...
Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
10-year 'No Entry' exemption for first 1,000 electric medium-duty trucks under Delhi EV PolicyDelhi is offering a significant perk to the first 1,000 electric N2 trucks registered under its new policy: a decade-long exemption from 'N...
Stainless steel industry seeks end to QCO relief from July 1India's stainless steel makers are urging the government to reinstate strict quality control norms from July 1, warning that a temporary re...
Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
Nagapattinam international port to get duty free shops as India-Sri Lanka ferry traffic boomsChennai's Nagapattinam Port is set for a significant upgrade with the introduction of duty-free retail shops at its international passenger...
Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...
India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensionsThe government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situatio...