Customs Duty
Economy

Budget FY27 Bets On Capex, Manufacturing Push And Tax Overhaul

The Union Budget FY26–27 targets accelerated economic growth through higher capital expenditure of Rs 12.2 lakh crore, major industrial and infrastructure schemes, and key tax reforms, including a new Income Tax Act effective April 2026.

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Indian Rice Exporters Hit With Duty Demands, Threatening Shipments
Export National News

Indian Rice Exporters Hit With Duty Demands, Threatening Shipments

Indian rice exporters have been issued notices by the customs department demanding payment of duty differentials on rice shipments made over the past 18 months, the news agency Reuters reported citing sources. This unusual tax demand has the potential to severely impact rice exports from India, it said. India, the world’s largest rice exporter, implemented […]

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Jindal Stainless Seeks Customs Duty Exemption For Ferro Nickel, Ferro Molybdenum Access
Brands Companies News

Jindal Stainless Seeks Customs Duty Exemption For Ferro Nickel, Ferro Molybdenum Access

Ahead of the Budget 2024-25, Jindal Stainless stated that it is seeking the continuation of zero customs duty on stainless steel scrap, steel scrap, and pure nickel. In his Budget recommendation,  Jindal Stainless’ Managing Director, Abhyuday Jindal, said, “As we approach the Union Budget for 2024-25, we request continued support from the Ministry of Steel. […]

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