customs duty
Edible oil duties slashed to curb prices
The government has reduced the basic customs duty and agricultural cess on certain edible oils till March 31, 2022 to soften prices
High-end iPhones to cost more, as Apple passes on hiked customs duty to buyers
iPhone 11 Pro,11 Pro Max as well as mid-range iPhone 8 series now cost more but iPhone XR and iPhone 7 prices remain unchanged
TV makers hail scrapping of duty on open cell panel, mfg cost to go down by 3 pc
The announcement has come just ahead of the festive season sales and would positively impact the sales of LED TV panels.
FinMin asks commerce ministry to assess revenue impact of proposed RCEP
India is looking for a balanced trade agreement, as it would cover 40 per cent of the global gross domestic product.
Budget 2019: Govt hikes customs duty on stainless steel items, alloy steel
The current customs duty on stainless steel products is 5 per cent.
Budget 2019: Cess on petrol, diesel hiked by Re 1 per litre
Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.
customs duty, wheat, wheat imports, minimum support price, MSP
The government wants to restrict overseas purchase so that domestic prices of wheat do not come under pressure.
Govt notifies phased import duty hike on electric PV parts, lithium-ion cells
Basic import duty on battery packs used in manufacturing EV will also be increased to 15 pc from the current 5 pc from April 2021.
India again defers duty hike on US products till January 31
According to a notification by the finance ministry, the implementation of the duty hike has been postponed until January 31, 2019.
Reliance Industries becomes India's largest tax payer in private sector
RIL's consolidated net profit for the fourth-quarter of fiscal 2017-18 stood at Rs 9,435 crore.