A more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...

After 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...

The Indian textile and apparel sector has had a stressful year. The US tariffs disrupted orders to the sector’s largest market, squeezed ma...

Manipur welcomes new DGP Mukesh Singh. Two CRPF CoBRA battalions are deployed to the state. Tensions remain high following the ambush on Ma...

Ladakh's new Excise Policy permits hard liquor sales, reduces license documents from 16 to six, and expands availability to four more distr...

Karnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates...

India faces rising fuel prices to manage its trade deficit. Foreign investors are selling Indian stocks, pressuring the rupee. Higher fuel ...

India faces economic challenges from Middle East conflict. Energy prices and supply constraints strain finances. Rising bond yields, inflat...

April saw India's Goods and Services Tax collections soar to an impressive Rs 2.42 lakh crore, showcasing an 8.7% growth from the previous ...

Union Budget 2026: Mercedes-Benz India advocates for reduced customs duties on imported luxury vehicles, which could enhance sales within t...

Finance Minister Nirmala Sitharaman stated that India plans to periodically review and rationalize its customs and anti-dumping duties to b...

The nuts and dry fruits industry anticipates a relief in import duty on walnuts before PM Modi's US visit. The current 100% duty is challen...

Budget 2025: Nuts and Dry Fruits Council of India (NDFC) urges the government to set walnut import duty on a per-kilogram basis, reduce GST...

The government plans to streamline customs duty rates, aiming to reduce them from about a dozen to five, according to Revenue Secretary San...

The FY 2025 Budget cuts duties on mobile phones, PCBs, and chargers to 15%, reducing Pro model Apple iPhone prices. Exemptions for critical...

A comprehensive review of customs duty exemption on capital goods and project imports undertaken and more than 40 customs exemptions to be ...

The ministry of power has called for rationalisation of duties in the power sector. It has suggested reducing excise and countervailing dut...