A government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...

India is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...

Recent trade negotiations in New Delhi marked a pivotal moment for India and the United States. A dedicated US delegation engaged with Indi...

Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...

GOQii Technologies has approached the Supreme Court. The fitness tech company wants a decision on customs duty for its imported bands. It a...

The recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...

Major accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...

India's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...

In a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...

India is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...

Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The go...

Ace investor Vijay Kedia has urged the government to abolish long-term capital gains (LTCG) tax on listed equities, stating that long-term ...

Senco Gold has announced a significant profit jump of 151 percent for the fourth quarter. This surge is attributed to soaring gold prices a...

Indian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...

Oil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...

The Supreme Court has ruled that exxsol hexane is a pure hydrocarbon. This decision means imported exxsol hexane will attract a lower custo...

MNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...