Page 2 - Basic Custom Duty News Today

With the government pushing reform across its domestic capital controls, India seems to be riding high amid capital market uncertainty. Will 2022 see it become the destination of choice for international investment?

Cigarettes are set to become costlier as the National Calamity Contingent Duty (NCCD) on specified cigarettes has been revised in the Union Budget 2023-24.Union Finance Minister Nirmala Sitharaman, while presenting the budget on Wednesday, ...

Basic Customs Duty has been reduced to 13 percent from 21 percent previously.

Union Finance Minister Nirmala Sitharaman, while presenting the budget on Wednesday, proposed to revise the NCCD on specified cigarettes upwards by about 16 per cent. The NCCD on specified cigarettes was last revised three years ago.As p

Basic customs duty reduced from 21% to 13%

Union Finance Minister Nirmala Sitharaman, while presenting the budget on Wednesday, proposed to revise the NCCD on specified cigarettes upwards by about 16 per cent. The NCCD on specified cigarettes was last revised three years ago.As p

The country is witnessing large-scale imports of medical devices, mainly from China which defeats the government's policy of self-reliance as well as closure of several Indian units, is the view of the medical devices makers.The 80 per cent ...

Production Linked Incentive scheme for toy industry? Not yet, says govt

Domestic solar equipment manufacturers are expected to benefit from the Union Budget FY23s proposals.In a report HDFC Securities pointed out that proposals such as additional financial allocation under Production Linked Incentive (PLI) scheme ...

Multani said that for the new units, the effective rate of tax is around 17 per cent