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Import Duty
Business  /  Published 22.04.21

Gold imports surge, prices start to rise

Globally, international gold prices rose on Wednesday, hovering near a seven week high hit earlier this week as a softer dollar and easing of US treasury yields lifted demand for the safe haven metal....
By A Staff Reporter in Calcutta

Business  /  Published 03.04.21

Record spike in gold imports

The country’s gold imports in March surged 471 per cent from a year earlier to a record 160 tonnes, a government source has said as a reduction in import taxes and a correction in prices from re...
By Reuters in Mumbai

Business  /  Published 02.02.21

Union Budget 2021-22: Import duty on gold and silver lowered

The Union government on Monday lowered the import duty on gold and silver by 5 per cent in a bid to bring down the price of the precious metals in the domestic market and boost exports of gems and jew...
By A Staff Reporter in Calcutta

Business  /  Published 19.01.21

Import duty on phones may go up

India is considering hiking import duties by 5-10 per cent on more than 50 items, including smartphones, electronic components and appliances, in the upcoming budget, three government sources pri...
By Reuters in New Delhi

Business  /  Published 19.09.20

Masoor dal import duty reduced by 20%

The government has reduced the import duty on masoor dal by 20 per cent till October-end to boost the availability of the lentil in the domestic market during the festive season. The import duty on m...
By Our Special Correspondent in New Delhi

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Business  /  Published 24.08.20

Duty hike: First list of items ready

The government plans to finalise import duties on over two dozen items, including textiles, toys, cameras, solar modules, cells and inverters, and place restrictions on certain types of steel items as...
By R. Suryamurthy in New Delhi

Business  /  Published 20.01.19

Gold duty cut on agenda

The interim budget could cut the import duty on gold by half to about 5 per cent as the softening of crude prices and lower imports of the yellow metal have reduced the worries over the current accoun...
By R. Suryamurthy in New Delhi

Business  /  Published 26.01.20

Import duty hike on agenda

India plans to increase import duties on more than 50 items, including electronics, electrical goods, chemicals and handicrafts, targeting about $56 billion worth of imports from China and elsewhere, ...
By Reuters in New Delhi

Opinion  /  Published 04.02.20

Eyes wide shut

We have received the government’s view of the economy in the past week, which is understandably rosy. It did not mention another view, which was made public just before Washington closed down for Ch...
By Ashok V. Desai

World  /  Published 04.07.19

US drags India to WTO over duty hike

The US on Thursday dragged India to the World Trade Organisation (WTO) by filing a complaint against New Delhi’s move to increase custom duties on 28 American goods, alleging that the decision is in...
By PTI in New Delhi


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