Page 3 - Development Cess News Today

Agencies Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but smokers would have to pay more as the government has increased taxes. Imported cars, including electric vehicles, and those assembled in India with imported

Rs 1.96 lakh cr allocated to MHA, majority spending on CAPFs Maturity of life insurance with annual premium  of above Rs 5 lakh to be taxed Defence budget increased to Rs 5.94 lakh cr,  Rlys get Rs 2.4 lakh cr Govt doubles deposit limit for Senior Citizen Savings Scheme NEW DELHI, Feb 1: Finance Minister Nirmala Sitharaman today raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital […]

The Central Board of Indirect Taxes and Customs (CBIC) had earlier granted exemption from the levy of Customs Duty & Agriculture Infrastructure.

The industry has been demanding that the government raise the CPO and RBD import taxes by at least 10 per cent to support falling oilseed prices, , palm oil, Palm Oil Imports, import tax

Union Minister Piyush Goyal has directed authorities to "finalise the matter early", as regards to the extension of cotton import duty waiver

India has allowed duty-free imports of 2 million tonnes each of crude soyoil and crude sunflower oil for the current and the next fiscal year to March 2024, a government order said on Tuesday, as part of efforts to keep a lid on local prices.

India has allowed duty-free imports of 2 million tonnes each of crude soyoil and crude sunflower oil to bring down local cooking oil prices

The Centre has placed a cap on the export of sugar under the "restricted" category which will be effective from June 1.

The Centre has allowed import of a quantity of 20 lakh tonne, each of crude soyabean oil and crude sunflower oil per year, for a period of two years at zero customs duty and Agricultural Infrastructure and Development Cess, an official note said on Tuesday.

The Centre has placed a cap on the export of sugar under the "restricted" category which will be effective from June 1.The latest move comes days after banning the export of wheat in order to control rising inflation and to ensure ...