import duty
Will work with gems, jewellery industry on import duty demand: Goyal
The industry is demanding cut in gold import duty to 4 per cent from the current 12.5 per cent.
China, US kick off new round of tariffs in trade war
The extra tariffs of 5 pc and 10 pc were levied on 1,717 items of a total of 5,078 products originating from the US.
13 per cent companies will leave China ‘in the fairly near future’: Trump
A fresh set of tariffs are set to be imposed on Chinese products from September 1.
Govt plans extra tax on vegetable oil imports to boost domestic output: sources
India currently imposes a 40 per cent import tax on crude palm oil and 50 per cent on refined palm oils.
Apple CEO warns Trump about China tariffs, Samsung competition
Apple’s MacBook laptops and iPhones would not face the additional tariffs until December 15.
Traders body calls for boycott of Chinese goods, seeks up to 500 pc import duty
The issue will be discussed in a national conference of traders from all states convened by CAIT on August 29.
Indian tariffs on US goods unacceptable: Donald Trump
The trade row has prompted both countries to raise tariffs and created unease over the depth of their security alliance.
Hike in gold import duty part of policy to curb non-essential imports: Revenue Secy
Hike in gold import duty to 12.5 per cent from 10 per cent could lead to problems like smuggling.
Govt assessed smuggling dimension while raising import duty on gold: Finance Secy
Finance Minister Nirmala Sitharaman hiked import duty on gold and other precious metals in Budget to 12.5 pc from 10 pc.
Gold discounts at three-year peak after import duty increase
Gold futures jumped more than 2 per cent following the budget announcement to hit a record high of 35,100 rupees per 10 grams.