Search For "import duty"
PLI scheme to reduce cost of manufacturing AC components: Ind-Ra
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 26 (ANI): The new production-linked incentive (PLI) scheme aimed at encouraging domestic production of white goods will reduce import dependence over medium term, India Ratings and Research (Ind-Ra) said on Monday.
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Govt waives import duty on Remdesivir API, injections and specific inputs
Updated : 4 years, 10 months ago IST
New Delhi [India], April 21 (ANI): The import of Remdesivir Active Pharmaceutical Ingredients (API), injections and specific inputs have been made import duty free till October 31 amid the ongoing surge in COVID-19 cases in the country.
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Budget announcements positive for gold industry, demand set to recover: WG
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 24 (ANI): The World Gold Council (WGC) said on Wednesday that policy announcements made in the 2021-22 Union Budget are positive for India's gold industry.
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Stalled: The Gold Rush
Updated : 5 years, 1 month ago IST
New Delhi [India], January 22 (ANI/Mediawire): We Indians love gold. We like wearing it, we like keeping it, we like gifting it. If estimates are to be believed, Gold reserves held by households and religious temples in India is anywhere between 25,000-30,000 tonnes, much of it passed down t
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GJEPC calls for reduction in import duty for polished diamonds
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Gem & Jewellery Export Promotion Council (GJEPC) has urged the government to reduce polished diamond import duty from 7.5 to 2.5 per cent so that the country can emerge as a global hub and increase duty collections due to greater volumes.
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Kamal Nath sends legal notice to BJP's VD Sharma, Prabhat Jha over allegat
Updated : 5 years, 8 months ago IST
Bhopal (Madhya Pradesh) [India], July 2 (ANI): Former Madhya Pradesh Chief Minister Kamal Nath has sent legal notices to state BJP President VD Sharma and senior BJP leader Prabhat Jha for making "false and defamatory" allegations that he favoured Chinese companies by reducing import duty wh
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Banks not following RBI directive on gold margin calls: Mehrasons
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 11 (ANI): Amid spreading coronavirus and subsequent lockdown, borrowers of a gold metal loan (GML) are facing excessive heat as the price of the yellow metal has risen astronomically, triggering margin calls that need to be fulfilled.
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Toy retailers decry hike in import duty
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 18 (ANI): The toy industry is in turmoil with hundreds of retailers protesting against the government's decision to increase import duty from 20 per cent to 60 per cent.
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Gold prices hit all-time high in Chennai, touch Rs 40,000 per 10 grams
Updated : 6 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Sept 5 ANI: Gold prices have risen to their highest level here by touching the Rs 40,000 mark for 10 grams.
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Customs duty on Malaysian import increased by 5 percent
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 26 (ANI): The central government on Monday increased the rate of customs duty on imports of subject goods from Malaysia by five per cent in a bid to safeguard the interests of the domestic industry.
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Stocks of gems and jewellery firms tumble down after hike in import duty o
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 5 (ANI): Shares of gems and jewellery companies dropped sharply after Finance Minister Nirmala Sitharaman proposed to hike import duty on gold.
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High import duty restraining India's potential in fine wine market: expert
Updated : 7 years, 1 month ago IST
London [UK], Jan 31 (ANI): India is a large market for global wine makers but the high import duty is playing a spoilsport, according to Philip Staveley, head of research at Amphora Portfolio Management.
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