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IMPORT TAX ON PETROCHEMICALS
India considers extending import tax exemption on petrochemicals to beyond June 30India will consider extending import tax exemptions on petrochemicals used for making plastics and pharmaceutical goods beyond June 30 to...- Crude awakening: Chemical companies face margin pressure as oil-linked costs surge amid geopolitical tensionsRising crude oil prices are pressuring chemical sector margins due to increased feedstock and energy costs. Despite this, the Nifty Chemica...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- West Asia conflict triggers energy shock, tests Asia’s growth resilienceAsia faces economic challenges as a West Asia conflict disrupts energy markets. This shock impacts inflation and growth across the region. ...
- Reliance Industries Q4 Results: Profit falls 13% YoY to Rs 16,971 crore; revenue rises 13%Reliance Industries Q4 Results: Reliance Industries saw its net profit drop 13% year-on-year in the fourth quarter of fiscal 2026. Revenue,...
- India seen to line up three buffers for its economy amid the Iran storm: Fitch unitIran War: The Indian government is seen to focus on securing essential supplies, curbing business costs through subsidies and tax relief, a...
- India's strong fundamentals to cushion oil shock, growth may slow up to 80 bps: S&P Global RatingsIndia's strong economic and financial foundations are expected to absorb a sustained oil price shock, though growth could dip by 80 basis p...
- Crude cargo traffic likely to get caught up in war logjam againA US naval blockade of Iranian ports, following failed ceasefire talks, has increased uncertainty over energy cargo movements and the risk ...
- From $300 to $8,500 freight: West Asia war squeezes UP MSMEs, delays stretch to 60 daysExporters report shipment delays of up to 60 days, 20-30% cost escalation, and growing order uncertainty due to the West Asia conflict.
- Key petrochemical products get 3 month import duty reliefIndia has waived customs duty on key petrochemical imports until June 30. This move provides relief to sectors like pharmaceuticals, chemic...
- A shield for India Inc: How govt is blunting the Iran war shockWest Asia crisis: In response to Iran war chaos, India has rolled out a set of targeted measures over the past few weeks aimed at cushionin...
- Indian pharma sector faces supply risk amid West Asia conflict despite duty waiverIndia's pharmaceutical industry faces ongoing concerns about securing essential petrochemical supplies due to the West Asia conflict. While...
- Centre waives duties on key petrochemical products amid supply disruptions due to Iran warIndia has waived import duties on crucial chemicals like ammonium nitrate, methanol, and PVC for three months, starting April 2nd. This mov...
- West Asia crisis: Govt to assess impact of recent tax concessions on its indirect tax revenuesIran war: The review will factor in revenue implications from duty relief measures announced to cushion industries from supply disruptions,...
- India ready to slash import duties, curb exports to secure domestic supply: Trade officialIndia may lower import duties and regulate exports to secure domestic supply amid global disruptions caused by the Iran war. This strategic...
- India gathers data to counter US claims of excess capacityIndia is compiling detailed industry data following a US Section 301 probe into alleged excess capacity in sectors like petrochemicals and ...
- Anti dumping duty suggested on spandex, raw material for foam imported from China, VietnamIndia's Directorate General of Trade Remedies has recommended anti-dumping duties for five years on spandex and flexible slabstock polyol i...
- Petrochem, Chemical imports likely to face 15% Covid taxThe commerce department is yet to take a stance on the issue and is awaiting a formal proposal by the department of chemicals and petrochem...
- Excise pain for petro chemical companiesBudget 2008 has made it more difficult for export-oriented units (EOUs) to sell in the domestic market.
- Indirect taxes stifling growth in petrochemicalsGovernment recently unveiled National Policy on Petrochemicals that envisages massive investment in the sector. Fresh investments of Rs 84,...
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