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Govt Evaluates Import Data To Assess Impact Of New IT Hardware Import Management System

The government will judge the current import control system for specific IT hardware goods like laptops and tablets after assessing the import data it is monitoring after September, the news agency PTI reported. In October of last year, India implemented an import management system that requires importers of certain items to get government authorisation. The […]

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Export News

Windfall Profit Tax Leads To Decline In Diesel And Petrol Exports

Official data revealed that India experienced an 11 per cent decrease in diesel exports and a 4.5 per cent drop in petrol exports during July. This decline was attributed to the implementation of a windfall profit tax by the government on such sales. According to the Petroleum Planning and Analysis Cell (PPAC) under the Oil […]

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