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ROYALTIES CUSTOMS DUTY INDIA
India waives excise duty on petrol with higher ethanolIndia's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...- India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...
- India restricts sale of high speed diesel and motor spirit from retail outletsIndia has placed restrictions on institutional and commercial buyers of fuel. These customers must now source motor spirit and high-speed d...
- Deezer launches free AI music detector for users of major streaming platformsDeezer has introduced a free online tool to identify AI-generated songs on streaming platforms. The music company is also sharing its AI de...
- US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
- Gold price crash may revive wedding demand as buying season nearsGold and silver prices witnessed a sharp correction from recent highs, raising hopes of stronger jewellery demand. Industry experts expect ...
- Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till DecemberIndia has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision ...
- Duty relief may be extended for petrochemical inputs for pharmaRavi Teja, deputy director at the Department of Commerce, told reporters in Hyderabad on Tuesday that a review is underway for a possible e...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
- Four mutual funds restrict large inflows into gold ETFs and FoFs; Rs 25 crore cap imposedSouth Korea and Taiwan are facing market pressure despite strong gains in semiconductor giants driving the AI boom. Heavy concentration in ...
- Nestle India pays Rs 1,024.5 crore licence fee to Swiss parent entity in FY26Nestle India's royalty payments to its Swiss parent surged by 13.91% to Rs 1,024.5 crore in FY26. Despite this increase, shareholders previ...
- HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices a...
- Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
- India renews 5-year levy on solar glass imports from Malaysia: GazetteIndia has extended import duties on Malaysian solar glass for five more years. This decision follows a government review finding that remov...
- GOQii moves SC over higher customs duty on fitness trackersGOQii Technologies has approached the Supreme Court. The fitness tech company wants a decision on customs duty for its imported bands. It a...
- Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...
- Govt exempts customs duty on cotton imports for five monthsThe government has announced a five-month customs duty exemption on cotton imports starting June 1. This move aims to increase raw material...
- Centre waives customs duty on cotton imports till October 30Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's ...
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