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ZERO BASIC CUSTOMS DUTY
Postal employees’ annual bonus for 2025-26: Check how much regular staff and Gramin Dak Sevaks can getThe central government has unveiled a Performance Linked Bonus for postal employees for the fiscal year 2025-26. This bonus will be equival...
India notifies first New Zealand FTA duty cuts; sheep meat gets zero duty, kiwi fruit at 15%India has notified the first set of customs duty concessions for imports from New Zealand under their free trade agreement, effective Octob...
Dunkin’ is giving away free Halloween Bat Cup Sleeves today-here's how to get oneDunkin’ is introducing a Halloween promotion that includes a free Bat Cup Sleeve on October 16. Customers can receive this collectible with...
NRI capital gains tax: When can you use the basic exemption limit to lower your income tax bill?For non-resident Indians, leveraging the basic exemption limit can help mitigate normal slab rate taxes on capital gains. However, it's imp...
Elon Musk unveils flying Tesla, says ‘Turns out the future does have flying cars’Tesla flying car: Tesla’s next-generation Roadster has grabbed attention after Elon Musk shared a viral video showing the electric sports c...
GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEsThe success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance ref...
Fintech firms counting on bank fees to unlock reliable recordsFrom November 1, lenders will pay basic sharing fees split among banks, licensed account aggregators and Sahamati, the self-regulatory orga...
Govt revises windfall gains tax for petrol and diesel exportsThe central government has increased the windfall tax on petrol exports to Rs 2.5 per litre. Simultaneously, the windfall tax on diesel has...
Government cuts duty drawback rates on gold, silver jewellery exportsThe government has announced a reduction in duty drawback rates for gold and silver jewellery exports. The rates for gold jewellery have de...
India customs scrutiny diverts Niger soybeans to Asia at steep discounts, sources sayAround 11,000 metric tons of Niger-origin soybeans bound for India were diverted to other Asian markets and sold at steep discounts as a wi...
DGFT speeds up silver imports through IIBX, other nominated agenciesThe government has simplified the procedure for obtaining import authorisations for specific silver items. This change should help genuine ...
Industry body seeks higher duty on copper used in solar moduleThe Indian Primary Copper Producers Association has urged the government to raise customs duties on solar copper products. They recommend i...
Devil's in the diesel, get E-truckin'To wean India off its crude oil addiction or make any structural dent to air pollution, electrifying our freight fleets are a no-brainer. N...
GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...
India holds soybean cargoes over doubts about Niger origin, sources sayIndian customs authorities have held about 1,500 tonnes of soybean cargoes at JNPT after importers failed to provide documents proving the ...
GST Council eases tax rules for IT exports via foreign branchesThe move addresses a major demand from the IT and IT-enabled services sectors, providing significant relief to companies that support globa...
- Niger or Nigeria? India probes soybean imports over suspected tax evasion, sources say
Indian customs officials are currently examining a notable uptick in soybean imports, which are purportedly sourced from Niger. Authorities...