Sat, Dec 23, 2023
The government has extended current effective zero import duty on masur dal (lentil) till March 2025 in order to ensure steady supply of the key pulse from the international market and keep domestic prices under check.
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Fri, Nov 24, 2023
This would be an important step as India continues to face challenges in managing these incentives within the framework of international trade laws, it said.
Wed, Mar 01, 2023
The government had allowed duty-free import of 2 million tonnes of crude sunflower oil and 2 million tonnes of soybean oil under TRQ till March 2024. Import of crude soybean oil was discontinued under TRQ in the month of January this year. Now the import of crude sunflower oil is being discontinued from April 1.
Fri, Feb 10, 2023
How justified is the industry's demand on edible oil? What will be the impact on prices due to increase in duty on edible oil? Now will the price of edible oil increase or decrease? Watch this commodity special show with Mrituenjay Kumar Jha.
Wed, Feb 01, 2023
In her budget speech, Finance Minister Nirmala Sitharaman said that India is a global leader in the cutting and polishing of natural diamonds, contributing about three-fourths of the global turnover by value.
Wed, Sep 28, 2022
India has proposed additional customs duties of 15 per cent on the import of 22 products, including whiskey, cheese and diesel engine parts, from the UK in retaliation to Britain's decision to impose restrictions on steel products.
Fri, Jul 01, 2022
Gold prices may increase by around Rs 100/gram: Prithviraj Kothari, President, IBJA. Watch the exclusive conversation.
An increase of around Rs 2500 is possible in gold prices in futures and retail. Gold will now attract 15.75% duty: Surendra Mehta, Secretary, IBJA. Watch this video for details.
Revenue Department issued notification on import duty of gold. Import duty on gold increased by 5% from today. Watch full news in this video.
Mon, Jun 06, 2022
Countervailing duty is a country-specific duty imposed to safeguard the domestic industry against unfair trade subsidies provided by local governments of exporting nations.
Tue, May 24, 2022
Last week to control spiralling prices, the government had cut excise duty on petrol and diesel and also waived import duty on some raw materials used in steel and plastic industry. Besides, export duty was hiked on iron ore and iron pellets
Mon, Sep 13, 2021
Government is working to bring the price of edible oil down during the festive season. This is because the price of edible oil have shot up by 50 per cent over a 1 year period
Mon, Feb 01, 2021
Import Duty on Gold-Silver dropped from 12.5% to 7.5%, with an Agri Infra Cess of 2.5%. Agri cess will be levied on import duty.
Mon, Jun 22, 2020
In a good news for the paper sector and likely relief for local manufacturers, Zee Business has learnt from its Commerce Ministry sources that import duty may soon be hiked to 20-25% in this segment. Also, a ban may be imposed on cheap Chinese imports as well.
Fri, Jul 19, 2019
The duty increase that you are referring about on CCTV and Air Conditioners then it is in the same direction. I feel, these steps will give a boost to the Make in India and also help to Indian industry, Atul B Lall, Dixon Technologies.
Tue, Jan 01, 2019
The government has cut import duties on crude and refined palm oil effective Tuesday to comply with preferential trade pacts with Southeast Asian nations.
Fri, Oct 12, 2018
The second such move by the government in a two week span, was announced late on Thursday to raise import barriers to curtail the import of goods it deems as "non-essential" items.
Mon, Oct 01, 2018
The government’s decision to raise import duty on 19 items may be merely a case of good optics since it will have a negligible effect on lowering overall imports.
Fri, Sep 28, 2018
Basic customs duties have been raised on 19 products that accounted for an import bill of approximately Rs 86,000 crore in FY18 by 2.5-10% points.
Mon, Feb 05, 2018
The custom duty increase would be third increase in last 12 months, followed by Indian government.
Mon, Jan 15, 2018
India today assured Israeli firms to resolve their concerns and make things easier for them to do business here.
Wed, Sep 27, 2017
Tesla was supposed to be launched in India this summer, however it has been long past the timeline and it looks like the electric car maker is once again in the process of starting a dialogue with the government.
Tue, Apr 18, 2017
Import duty to be reduced to 2% on gold. Watch the full segment for more details.
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