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WINE AND SPIRITS IMPORT TAX
Chinese idiom of the day: 'Draw a snake and add feet' - this Chinese saying on simplicity reveals why overdoing things can lead to failure and why knowing when to stop is importantChinese idiom of the day: An ancient Chinese tale warns against overdoing things with the idiom 'Draw a snake and add feet.' This highlight...- Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
- Piyush Goyal, US Trade Representative Jamieson Greer begin talks on trade pactIndia and the US are in high-level talks to finalize the first phase of their bilateral trade agreement. Commerce Minister Piyush Goyal met...
- Tax reforms to play vital role in attracting global capital to India: ExpertsIndia's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert....
- Drugmakers yet to see gains from government's minimum import price policyGovernment's Minimum Import Price (MIP) initiative to boost domestic drug makers faces a slow start. Despite setting price thresholds for k...
- Newsmaker | Who is Abelardo De La Espriella, Colombia's new right-wing president?Colombia has elected nationalist lawyer Abelardo De La Espriella as its new president, signaling a significant political shift. Known as "T...
- India, US to hold ministerial-level talks on bilateral trade pact this weekIn a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Pi...
- Universities should blend Indian culture, tradition with modernity: President Droupadi MurmuPresident Droupadi Murmu urged educational institutions to blend Indian culture and tradition with modernity for students. Speaking at Rani...
- India-EU trade pact to be signed by Dec; implemented from Feb-Mar next year: GoyalIndia is set to sign a free trade agreement with the European Union by December, with implementation expected by February-March next year. ...
- Foreign whisky sales slow for second straight year as post-pandemic boom fadesGrowth in imported whisky sales slowed for a second consecutive year in 2025 across Scotch, Irish, Japanese and American categories, reflec...
- India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
- India takes the shine off silver as imports plunge 82% in May after duty hikeMay witnessed a steep decline of over 81% in India's silver imports, a result of the government's recent moves to hike import duties and re...
- Why Saudi Arabia imports sand despite being covered by desertDespite vast desert landscapes, Saudi Arabia imports construction-grade sand due to its smooth, wind-shaped grains being unsuitable for con...
- 'Trump's agreement does not bind us': Israel ministerIsrael's National Security Minister Itamar Ben-Gvir states that any agreement by Donald Trump will not bind Israel. He emphasizes Israel's ...
- Taiwan launches website to collect intelligence on ChinaTaiwan has opened a new website for Chinese citizens to share intelligence. The platform encourages those who value democracy to report on ...
- Trump threatens 100% tariff on French wine over digital tax, says will have 'no choice'US President Donald Trump has issued a stern warning to France. He threatens to impose 100% tariffs on all French wines and champagne. This...
- Quote of the Day by Pablo Picasso: 'Every Child Is an Artist. The Problem Is How to Remain an Artist Once He Grows Up' teaches us how to preserve creativity in the harsh reality of worldQuote of the Day by Pablo Picasso highlights the importance of preserving creativity throughout life. Children naturally possess imaginatio...
- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- 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 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...
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