Search For "duty"
Customs duty reforms aim to boost industry, exports and ease of living: CB
Updated : 3 months, 3 weeks ago IST
Central Board of Indirect Taxes and Customs (CBIC) Chairman Vivek Chaturvedi highlighted that the customs duty reforms introduced in the Union Budget 2026-27 are designed to catalyse domestic manufacturing, boost exports, and improve the ease of living for citizens.
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MP cabinet exempts land registration fees for Sardar Sarovar displaced tri
Updated : 3 months, 3 weeks ago IST
According to the Standard Operating Procedure (SOP), the registration fee and stamp duty payable will be reimbursed by the Narmada Valley Development Authority.
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India, US likely to issue joint statement on trade agreement this week: Go
Updated : 3 months, 3 weeks ago IST
The deal involves reducing reciprocal tariffs from 25% to 18% and eliminating the additional 25% duty on Russian oil imports into India. India has also agreed to increase imports from the US by $500 billion, covering sectors like energy, technology, agriculture, and defence.
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Textile export likely to boom as US reduces import duty to 18 per cent on
Updated : 3 months, 3 weeks ago IST
The reduction in the US import duties, along with forthcoming duty-free trade agreements with the United Kingdom and European countries, will drive remarkable growth in the Indian textile industry. As a result, employment opportunities in the textile sector will multiply significantly. Read More
Sonalika Delivers its Strongest 10-months Sales Performance with Fastest E
Updated : 3 months, 3 weeks ago IST
New Delhi [India], February 3: Marking a dominant start to its grand 30th anniversary year celebrations in 2026, India's No.1 tractor export brand Sonalika Tractors has clocked its fastest ever YTD overall sales of 1,51,604 tractors during Apr'25-Jan'26. Driven by heavy-duty tractors equippe
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Shyam Sunder Jindal welcomes Budget 2026 push for domestic battery and sol
Updated : 3 months, 3 weeks ago IST
New Delhi [India], February 3: Shyam Sunder Jindal, Promoter of BC Jindal Group, has applauded the Union Budget 2026 for its strong focus on boosting domestic manufacturing for India's clean energy ambitions.
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US tariffs have "no influence" on customs duty overhaul announced in Budge
Updated : 3 months, 3 weeks ago IST
Notably, the Finance Minister in her budget speech had announced the proposals for deduction in Customs and Central Excise for certain products which she said aims to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversi
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Nirmala Sitharaman neglected education, minority affairs and Tamil Nadu in
Updated : 3 months, 3 weeks ago IST
Congress MP Manickam Tagore said Union Finance Minister has "neglected" education, minority affairs, and research and social spending and Tamil Nadu in the 2026 union budget.
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"Does this smell like concession without agreement?: Manish Tewari flags U
Updated : 3 months, 3 weeks ago IST
Congress MP Manish Tewari on Monday questioned whether the Union Budget 2026-27 amounts to a concession to the United States without a formal agreement, pointing out that customs duty cuts appear to benefit certain sectors.
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Budget 2026 lays foundation for "future-ready India", says Piyush Goyal
Updated : 3 months, 3 weeks ago IST
Union Commerce and Industry Minister Piyush Goyal on Sunday described the Union Budget 2026-27 as a visionary document that establishes the groundwork for India to become a developed nation or "Viksit Bharat" by 2047. Speaking to the media post the Budget 2026 session, Goyal stated that t
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Budget 2026: Customs duty rationalised on key items with focus on domestic
Updated : 3 months, 3 weeks ago IST
Presenting the Budget, Finance Minister Nirmala Sitharaman announced a set of indirect tax measures in the Union Budget 2026-27, aimed at further simplifying the tariff structure, supporting domestic manufacturing, promoting export competitiveness, and correcting inversion in duty.
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Counter to US tariffs: Centre reduces tariff rate on goods imported for pe
Updated : 3 months, 3 weeks ago IST
In response to the US tariffs on imports of Indian goods, Union Finance Minister Nirmala Sitharaman on Sunday proposed reducing the tariff rate on all dutiable goods imported for personal use from 20 per cent to 10 per cent.
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