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Customs Duty
India  /  Published 24.04.21

Govt waives duty on oxygen import

Taking a slew of measures to boost medical oxygen availability in the country amid a surge in Covid-19 cases, the central government on Saturday decided to waive basic customs duty and health cess on ...
By Our Bureau, Agencies in New Delhi

Business  /  Published 02.02.21

No-show for individuals, status quo for firms

Tax impact (Direct) Proposal: Senior citizens who are of 75 years of age or above and having income from pension and interest are proposed to be exempted from filing of income tax return. Consequentl...
By Dinesh Agarwal, Sidhartha Jain

Business  /  Published 02.02.21

Union Budget: Steel users to benefit

The budget proposal to reduce customs duty on certain items of steel and metal scrap has been welcomed by the user industries even as the primary steel producers claimed the measure would have little ...

Business  /  Published 24.12.20

Paper mills seek 25% duty hike

Domestic paper mills have sought a hike in basic customs duty on import of paper and paperboard to 25 per cent and have urged the Centre to review its free trade agreements. Both under India-ASEAN FT...
By A Staff Reporter in Calcutta

Business  /  Published 10.08.20

Dilemma over solar duty

The Centre’s plans to impose a basic customs duty on the import of solar cells and modules to promote domestic manufacturing could turn out to be counter productive for local manufacturers as mo...
By A Staff Reporter in Calcutta

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India  /  Published 08.04.20

Rapid income tax refunds

The Centre on Wednesday decided to immediately release tax and duty refunds worth Rs 18,000 crore — a move designed to shovel money to income taxpayers and businesses that have been fretting over lo...
By R. Suryamurthy in Calcutta

India  /  Published 05.07.19

Customs duty blow to print media

The budget on Friday introduced a 10 per cent customs duty on newsprint — both the uncoated paper used for printing newspapers and the lightweight coated paper used in magazines.The 10 per cent basi...
By Our Special Correspondent in New Delhi

Business  /  Published 21.02.19

Indian exporters wary of US stance

Exporters have asked the government to formulate an incentive scheme for labour-intensive sectors such as leather and textiles to prevent job losses amid concerns the US could withdraw the generalised...
By R. Suryamurthy in New Delhi

West Bengal  /  Published 04.04.19

Calcutta High Court asks Abhishek wife to meet customs

Calcutta High Court on Thursday asked Trinamul MP Abhishek Banerjee’s wife Rujira Narula to appear before a customs officer on April 8 and reply to queries over some documents after her return from ...
By Our Legal Reporter in Calcutta

India  /  Published 06.07.19

Union Budget: Tax relief on e-vehicle buy

In a move to promote green transportation, the budget has proposed to provide additional income tax deduction of Rs 1.5 lakh on the interest paid on loans taken to purchase electric vehicles. Further,...
By Our Special Correspondent in New Delhi


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