Congress MP Gaurav Gogoi on Thursday moved an adjournment motion in the Lok Sabha, seeking an immediate discussion on the United States' decision to impose retaliatory tariffs on Indian exports. The move follows US President Donald Trump's announcement of a 26% reciprocal tariff on Indian go
At the directive of Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich and Economy and Industry Minister Nir Barkat, Israel has cancelled all of the customs duties - tariffs - that have been levied until now on products from the US, Israel's largest trading partner.
Trump said that the reciprocal tax will kick in on April 2. He said that the US has been ripped off for decades by nearly every country on earth and vowed not to "let that happen any longer."
New Delhi [India], February 1: As a leading fintech company, My Mudra is changing the way businesses access financing. The upcoming Budget 2025 could have a big impact on shaping the future of fintech companies like ours. If the government reduces taxes for financial service providers and cu
The government's decision last July to reduce import duties on gold has significantly had a positive impact on the industry, and any increase in tariffs in the upcoming Budget may have adverse effects, said World Gold Council.
AAI says this will boost the domestic downstream aluminium industry by offering expanded market access and fostering a self-reliant aluminium sector in India.
"These large monopolists have control of the political system and they are organising a systematic attack on you people. GST was designed to hurt you people, demonetisation was designed to hurt you, people, and import duties were designed to hurt you people," he added.
The report highlights that gold prices continued to strengthen into September. International gold prices rose by 2.8 per cent, while domestic prices increased by 1.6 per cent over the same period. Despite these gains, Indian gold prices remain 2 per cent below pre-Union Budget levels due to
The central government will take all necessary steps to protect the domestic steel sector, including addressing the challenges posed by cheap Chinese steel, said H.D. Kumaraswamy, Union Minister for Heavy Industries and Steel.
According to S&P Global Market Intelligence, a financial information and analytics firm, the impacts the election could pose include the UK's trade agreements, willingness to use import duties, industrial support, investment in infrastructure, and support for unionization.
"In keeping with convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rates for direct and indirect taxes including import duties."