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LEVY REDUCTION
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in MayDomestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...
- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- Wheat rises as drought knocks US crop rating to 30-year lowChicago wheat futures saw a rise on Tuesday. This followed a report from the U.S. Department of Agriculture. The report indicated a 30-year...
- Under Trump pressure, EU eyes deal to end trade standoffEuropean Union nations aim to finalize a trade agreement with the United States. President Donald Trump has set a July 4 deadline for this ...
- Stay disciplined, think five years out: Deepak Shenoy on how to navigate volatile marketsGlobal economic turbulence is high. However, India's company earnings are performing well. Deepak Shenoy advises investors to focus on fund...
- Trump-Xi summit yields trade breakthrough as US, China agree to cut leviesChina and the United States have agreed to reduce tariffs on certain goods. This move aims to boost trade between the two nations, particul...
- POTUS: China is paying substantial tariffs, but we didn't discuss leviesWhile Trump maintained the leaders this week spoke about "almost everything you can discuss, except for a reduction of tariffs," he did all...
- Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
- Apparel industry representatives meet Vice President, seek removal of 11 pc import duty on cottonApparel industry representatives met Vice President C P Radhakrishnan and other ministers, urging the removal of an 11% import duty on cott...
- No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
- India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
- NPS charges explained: PFRDA clarifies CRA, PRAN, AMC rules; provides Atal Pension Yojana updateNPS charges: PFRDA has issued new clarifications on National Pension System charges. Annual Maintenance Charges for Tier II NPS accounts wi...
- Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...
- The jet-fuel surge is making global flight connections disappearTravellers face more flight cancellations as airlines grapple with sky-high jet fuel costs. Carriers globally are reducing flights and park...
- Share buybacks not ‘income’, can’t face I-T levy: Delhi High CourtThe Delhi High Court ruled that companies buying back shares below fair market value do not incur taxable income. The court distinguished s...
- Fuel price freeze: Rs 18/litre loss on petrol, Rs 35 on dieselState-owned fuel retailers IOC, BPCL and HPCL face widening losses of Rs 18 per litre on petrol and Rs 35 on diesel as prices remain frozen...
- DGS asks port authorities, terminal operators to immediately pass on concessions to exportersThe Directorate General of Shipping has ordered port authorities and terminal operators to directly pass on concessions to exporters. This ...
- India orders major airports to cut some charges by 25%, in relief to airlinesIndia's airport regulator has mandated a 25% reduction in landing and parking fees for domestic flights for three months. This decision aim...
- Petrol price hike to PKR 459 sparks protests in Pakistan, forces Shehbaz government to roll backPakistan raised petrol prices to PKR 459 per litre before cutting them by PKR 80 a day later after massive nationwide backlash. Citizens an...
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