Search For "customs duty"
Government Budget Initiatives to Boost Aquaculture Sector Growth; Kings In
Updated : 1 year, 1 month ago IST
Ernakulam (Kerala) [India], February 4: Kings Infra Ventures Limited, a pioneer in the seafood and aquaculture industry. Operates across the entire seafood value chain, from farming to international trade, with extensive infrastructure including farms, and processing facilities, has announce
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Union Budget 2025: FM Sitharaman announces expansion of list of lifesaving
Updated : 1 year, 1 month ago IST
In a significant move to provide relief to patients battling severe chronic ailments, Finance Minister Nirmala Sitharaman has announced the expansion of the list of lifesaving drugs and medicines fully exempted from Basic Customs Duty (BCD) in the Union Budget 2025-26.
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Budget 2025: Here's what all will get cheaper and costlier as FM rejigs ba
Updated : 1 year, 1 month ago IST
Finance Minister Nirmala Sitharaman as part of her Budget presentation proposed a host of tweaks in basic customs duty (BCD) for various products or items that are critical for manufacturing or for day to day needs. In some cases they were raised to make domestic manufacturing robust.
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FIFI Urges GoI to Reduce Walnut Import Duty for Consumer Benefit and Marke
Updated : 1 year, 1 month ago IST
New Delhi [India], January 31: The Forum of Indian Food Importers (FIFI), a leading non-government and not-for-profit entity representing over 6,500 stakeholders in India's agriculture, food, and beverage industry, has formally requested the Government of India to reconsider the high Basic C
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Domestic gold jewellery industry to continue growth trajectory with 14-18
Updated : 1 year, 2 months ago IST
The robust growth forecast follows an impressive 18 per cent expansion in FY2024, which was primarily driven by rising gold prices despite subdued volume growth. The sharp 900 basis points reduction in import duty on gold, implemented in July 2024, temporarily lowered gold prices, spurring p
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Duty cut will boost gold demand in India, anticipates World Gold Council
Updated : 1 year, 7 months ago IST
The recently announced customs duty cut in the Union Budget will boost the gold demand in the country, making it a bright gold market destination, said the World Gold Council (WGC).
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Share of health budget has gone down, says IMA President Dr RV Asokan
Updated : 1 year, 7 months ago IST
"This budget is status quo for health concerns, with only two silver linings: customs duty exemptions on diagnostics and cancer drugs. The economy has moved from USD 3.4 trillion to USD 4 trillion," said Dr Asokan.
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Exemption of customs duty on cancer drugs in budget "commendable step towa
Updated : 1 year, 7 months ago IST
Union Finance Minister Nirmala Sitharaman on Tuesday presented the Union budget, which exempts customs duty on three cancer drugs and makes them affordable for patients.
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Union Budget 2024: Experts hail exemption of customs duty on three cancer
Updated : 1 year, 7 months ago IST
Industry experts have hailed the Central government's proposal to exempt three more life-saving cancer medicines from Customs duty.
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Here's what will get cheaper and costlier after this Budget
Updated : 1 year, 7 months ago IST
One aspect that always garners much traction on the Budget day is what got cheaper and what got costlier. Finance Minister Nirmala Sitharaman as part of her Budget presentation proposed a host of tweaks in basic customs duty (BCD) for various products or items that are critical for manufactu
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Union Budget 2024-25: Mobile Phones to get cheaper, as FM Nirmala Sitharam
Updated : 1 year, 7 months ago IST
Sitharaman said, "With a three fold increase in the domestic production and almost a 100-fold jump in exports of mobile phones over the last 6 years, the Indian mobile industry has matured. In the interest of consumers I now propose to reduce the Basic Customs Duty (BCD) on mobile phones,
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Union Budget proposes reduction in customs duty on gold, silver, platinum
Updated : 1 year, 7 months ago IST
Finance Minister Nirmala Sitharaman on Tuesday proposed to reduce customs duties on gold and silver to six per cent and on platinum to 6.4 per cent to enhance value addition in precious metal jewellery
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