Mon, Sep 09, 2024
The recent customs duty it will render gold more attractive and if the SGBs are issued they will be priced at a lower price.
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Sat, Aug 24, 2024
The duty drawback on gold jewellery exports has been slashed from Rs 704.10 per gram to Rs 335.50 per gram, while the rate for silver jewellery and products has been reduced from Rs 8,949 per kilogram to Rs 4,468.10 per kilogram.
Thu, Jul 25, 2024
Gold Rate Today: Gold prices continued to fall for the third day and tumbled Rs 1,000 to Rs 70,650 per 10 grams in the local market here on Thursday amid heavy selling by jewellers, triggered by a fall in rates in overseas markets.
Tue, Jul 23, 2024
How much will the industry benefit from reduction in duty on gold and silver? Is this the right time to buy gold? How much will the prices reduce due to reduction in duty? Watch an exclusive interview with Suvankar Sen, MD & CEO of Senco Gold.
Custom duty rules will be changed to increase domestic manufacturing. 3 cancer medicines out of the scope of custom duty. Custom duty for mobile parts reduced to 15%. Custom duty removed on 25 critical minerals. Custom duty reduced on shrimp, fish food. Custom duty on gold and silver reduced from 6.5% to 6%. Custom duty increased to 15% on some telecom equipment.
Wed, Jul 10, 2024
Questions on import through Silver Import.IIBX. Import at low duty through GIFT City. Exclusive conversation with Ashok Gautam, MD, IIBX, on the allegations.
Thu, Mar 09, 2023
The gold was wrapped around his hands and intended to pass through the green channel by wrapping the gold around his hands, and covering his shirt sleeves. Officials said that Shafi is currently being interrogated.
Fri, Feb 03, 2023
“To encourage indigenous production of LGD seeds and machines and to reduce import dependency, a research and development grant will be provided to one of the IITs for five years,” the budget speech said
The Global Trade Research Initiative (GTRI) also said the import duty changes in Union Budget 2023-24 affect products that count for less than USD 14 billion or 2 per cent of the value in India's current import basket.
Wed, Feb 01, 2023
Viability gap funding for battery energy storage systems is also likely to create critical infrastructure, while custom duty reduction on capital goods for Lithium batteries manufacturing will facilitate faster adoption of EVs, Banwari Lal Sharma, CEO Consumer Business, CarTrade Tech said
Budget 2023: Paying heed to the consumer electronics industry`s demand, the Centre on Wednesday reduced basic custom duty (BCD) on import of certain mobile phone parts and inputs like camera lens and continued the concessional duty on lithium-ion cells for batteries for another year.
Tue, Jan 24, 2023
Custom Duty: Customs duty is referred to the tax levied on goods when they are transported across international borders.
Wed, Aug 03, 2022
A DRI official said that Vivo Mobile India Private Limited is a subsidiary of Vivo Communication Technology Co. Ltd, Guangdong, China, and is engaged in the manufacturing, assembling, wholesale trading as well as distribution of mobile handsets and accessories.
Wed, Jul 13, 2022
DRI on Wednesday detected customs duty evasion of around Rs 4,389 crore on Oppo Mobiles India Private Limited, as per the official PIB release said. The DRI unearthed the evasion during an investigation pertaining to ‘Oppo India’.
Thu, Apr 14, 2022
Government on Wednesday waived off customs duty on cotton till September 30, 2022. The notification will come into force on April 14, 2022.
Thu, Jan 20, 2022
The central government inform about sources of income in union budget every year. union government earn income from Custom duty, income tax, corporate tax, Loan, non tax revenue, excise duty and goods and service tax and others
Fri, Jun 21, 2019
Budget 2019 will be announced on July 05 by Finance Minister Nirmala Sitharaman.
Thu, Sep 27, 2018
Hike in custom duty to 10 per cent on compressors, used for air conditioners and refrigerators, can be a "set back" and may have an impact on the coming festive season sales, according to the consumer durable industry.
Thu, Jun 21, 2018
In a retaliatory move to US' hiking tariff on certain steel and aluminium goods, India has raised customs duty on 30 items. The items include Bengal gram, lentils and artemia, imported from the US. The import duty hike would be effective from August 4, the Finance Ministry said in a notification.
Thu, Feb 01, 2018
Imported trucks and buses along with cars and motorcycles assembled in India with components fully shipped from overseas will become costlier with the government today hiking the custom duty.
Mon, Dec 18, 2017
The prices of iPhone 7 Plus, iPhone 7, iPhone 6 Plus and iPhone 6s have also been increased in the range of 3.21% to 3.88%. These phones are available in two variants each namely 128 GB and 32 GB respectively.
Tue, Jan 24, 2017
As the Government of India prepares to announce its Union Budget 2017-18 in February, its unlikely to budget a fiscal deficit target higher than 3.5% of gross domestic product (GDP) for the fiscal year 2017-18 (FY18), said ICRA in its latest report on Budget 2017 expectations.
Wed, Dec 28, 2016
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