The recent imposition of a 27 per cent reciprocal tariff on Indian exports by the United States, while exempting the pharmaceutical sector, has raised concerns about potential future trade restrictions on drug exports.
The Indian Pharmaceutical Alliance (IPA) on Thursday welcomed the exclusion of pharmaceuticals from US tariffs, with Secretary General Sudarshan Jain emphasising the deepening of India-US trade ties under the Mission 500 initiative, aiming to double bilateral trade to USD 500 billion.
In order to reduce honey prices in Israel, while maintaining local production, Israel's Ministry of Agriculture and Food Security is formulating an outline for distributing quotas for the import of honey exempt from customs duties.
Union Finance Minister Nirmala Sitharaman in December 2019 announced that no MDR charges would be applicable on transactions through RuPay and UPI platforms beginning January 1, 2020, a move that promotes digital payments.
The Reserve Bank of India (RBI) should include loans given to infrastructure projects--such as roads, ports, railways, airports, highways, and the energy sector--under priority sector lending (PSL) or exempt them from the calculation of Adjusted Net Bank Credit (ANBC) for PSL targets, sugges
New Delhi [India], March 24: Life insurance plans offer more than just financial security for your loved ones, they also provide important tax benefits. There are different tax deductions and exemptions offered by the Indian government under the Income Tax Act, 1961. By understanding these
Teachers in Pakistan-occupied Gilgit Baltistan(PoGB) have launched a widespread boycott from schools following the government's decision to exempt the education department from local holidays
Dhruva Jaishankar said on Monday that priorities for US President Donald Trump have been Canada, China, Mexico, European Union to some extent and noted that India has been a little exempt.
The Central Board of Direct Taxes (CBDT) has issued a circular aimed at to offer guidance on the application of the Principal Purpose Test (PPT) provision under India's Double Taxation Avoidance Agreements (DTAAs).
The International Monetary Fund (IMF) has turned down Pakistan's request for tax exemptions on foreign investment projects, as reported by the Express Tribune.
India has exempted the need for a certificate of inspection for European countries except the UK, Iceland, Liechtenstein, Norway, and Switzerland for export of basmati and non-basmati rice.