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RAW MATERIALS TAXATION
India needs structural reforms, not subsidies, to shield economy from West Asia shocks: ReportIndia must shift from subsidy reliance during global crises to structural reforms for economic resilience. Rising geopolitical tensions hig...
ITC announces final dividend of Rs 8/share. Check record date and other detailsExcerpt: ITC Limited’s board has recommended a final dividend of Rs 8 per share for FY26, with May 27 set as the record date. Alongside an ...
ITC Q4 Results: Profit rises 5% YoY to Rs 5,113 crore; Rs 8/share dividend declaredITC reported a 5% year-on-year growth in its standalone net profit to Rs 5,113 crore for the March-ended quarter. Revenue from operations r...
Beer makers say costs are bubbling over as glass supply tightens the pourAs the beer industry experiences a surge in demand, producers are encountering significant challenges, primarily due to rising production c...
Govt may consider addressing inverted duty structure for certain aluminium goods in BudgetThe Indian government is considering revising the inverted duty structure for certain products, including aluminium, in the upcoming budget...
Govt may address inverted duty structure for certain steel products in Budget: SourcesSources said that the government may consider removing customs duties on raw materials used for manufacturing of certain flat-rolled produc...
Government may address inverted duty structure in BudgetIndustry has been demanding that government should remove the anomalies with regard to taxation of raw material and other inputs, the sourc...
Time to say cheers! Liquor sales set for a bouncebackRaw material prices are down and discretionary spend is up.
This is how JSW Group chairman Sajjan Jindal critiqued the Union Budget 2018Jindal in the recent past also said that the step to replace education cess of 3% on custom duty with a higher surcharge rate will push up ...
R&D centres move court after losing tax sops under GST“R&D centres that wanted to set up operations in India were given a three-year exemption under the earlier tax regime , and to withdraw tha...
- Industry split on taxation on plastics, bangles, bindis
Plastic might prove to be the next bottleneck when it comes to GST as, from rakhis to furniture, manufacturers are finding it difficult to ...
Builders, experts differ on price impact of GST on residential propertyGST has been fixed at 12% for under construction and new projects, whereas a lot of raw materials like cement and steel have been fixed at ...
Investors must learn to read companies' annual reports, understand financial termsInvestors should be comfortable with financial terms and concepts used by analysts and read the annual reports of companies.
Fertiliser industry calls for import duty cut on raw materialsThere is 5 per cent import duty on phosphoric acid, ammonia, sulphur, 2.5 per cent on rock phosphate, duty on finished products and complex...
Commerce Ministry keen to create fund to boost falling exportsThe Commerce Ministry is likely to pitch the idea of the export development fund in pre-Budget consultations with the finance ministry on J...
Push for 'Make in India': Government set to correct taxation anomaliesWith an eye on boosting the Make In India programme, the finance ministry has asked the Tariff Commission to examine the industry’s submiss...
Inverted duty structure ‘stifling’ rubber industryRubber producers and traders have sought rectification of anomalies in the inverted duty structure, saying they have “stifled” the sector.
Rise in raw material price APAC region's top business concern: SurveyWhen the study was last conducted in 2011, price of material inputs ranked 12th on executives' list of risk concerns
- China scraps import duties for hi-tech components
The new rules will take effect starting April 1. Importers of those components and raw materials would be required to register with customs.
- Guj plastic units seek cheap power supply
Plastic manufacturers in the state have sought the government to intervene in the distribution of raw materials and curb migration of small...