The reduction in duty rates on mobile phones and gold-silver imports is expected to significantly boost India's exports, according to CBIC Chairman Sanjay Kumar Agarwal.
Ahead of the seventh phase of elections on June 1 in Himachal Pradesh, the Congress and BJP are attacking each other. The issue of apple imports is also becoming important these days. The Congress party is attacking the central government for not increasing the import duty on apples.
Policy interventions, such as raising import duty to discourage cheap imports, emphasis on quality and incentives have created an ambient atmosphere for the firms in this largely unorganized space
The apple farmers in Himachal Pradesh are demanding the Union government to increase import duty on apple to India to 100 per cent. The Parliamentary Constituencies of Mandi and Shimla cover the majority of apple farming areas.
Oleochemicals are the chemicals derived from vegetable oils and fats, such as fatty alcohols, fatty additives like stearic acid, oleic additives and soap noodles as well as refined glycerin
Union Minister for Communications, Electronics & Information Technology Ashwini Vaishnaw on Wednesday lauded the Government's decision to reduce customs duty on goods used in the production of mobile phones from 15 to 10 per cent.
The central government has slashed import duty on several key components used in the production of mobile phones, in a bid to boost the country's electronics exports.
The apple farmers and tourism business industry in Himachal Pradesh expect some budgetary sops in the election-year budget from the government of India.
The central government has extended the reduced import duty regime for some of the key edible oils by a year as it makes interventions to keep food inflation in check.
Mumbai (Maharashtra) [India], November 9: Indian aluminium demand is growing rapidly due to increase in population, urbanisation and industrialisation. It is an important metal for high-value demand segments like infrastructure - Power, Transportation, Railways, Aerospace, Building & Con
Supporters of the Peoples Democratic Party (PDP) on Wednesday staged a protest against the Centre's move to cut import duty on apples procured from the United States.
As the Centre decided to reduce customs duty on apples imported from the US, the opposition parties including Congress slammed the government saying that the decision would impact Indian farmers, while the government reiterated that this would bring no "negative" impact.