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Basic Customs Duty

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Import duties on 25 critical minerals, 36 drugs removed

Finance Minister Nirmala Sitharaman on Saturday announced the removal of import duties on 12 critical minerals, lithium-ion batteries scrap, cobalt products, LED, zinc and 36 drugs for cancer and......

Govt cuts customs duty on 3 cancer drugs

The government on Tuesday proposed to fully exempt three cancer medicines from customs duties. The government proposes to cut customs duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab......

Full text: President Murmu's R-Day eve address to the nation

'Today, let us reaffirm our commitment to strive to realise Gandhiji’s dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us......

Budget 2024: Gold prices crash by Rs 3,350

Gold prices tumbled by Rs 3,350 to Rs 72,300 per 10 grams in the local market in New Delhi on Tuesday amid subdued demand by jewellers after the government announced the customs duty cut on the......

Centre waives off customs duty on oxygen, vaccines

The government on Saturday waived customs duty on the import of COVID vaccines as well as medical grade oxygen and related equipment as the nation battled its worst health crisis with a 'tsunami'......

Import duties on 25 critical minerals, 36 drugs removed

Finance Minister Nirmala Sitharaman on Saturday announced the removal of import duties on 12 critical minerals, lithium-ion batteries scrap, cobalt products, LED, zinc and 36 drugs for cancer and......

Budget 2025: What is costlier, what is cheaper

Imported life saving drugs and medicines used in the treatment of cancer, rare and other severe chronic diseases, along with imported motorcycles, are set to become cheaper with Finance Minister......

Steel makers expect protectionist measures in Budget

Domestic steel makers said they are expecting protectionist measures in the upcoming Budget to safeguard the sector from dumping. Photograph: Babu/Reuters AMNS India CEO Dilip Oommen said he......

Customs duty exemption on lithium, cobalt to aid growth of EV sector

The proposed exemption in customs duty on import of lithium, cobalt and other rare minerals in the Union Budget 2024-25 is likely to lower the battery production cost and help in making electric......

Budget should cut taxes to boost consumption: Barclays

The government in FY26 Budget should announce an "effective" personal income tax cut to support consumption and demand, Barclays said on Thursday. Illustration: Dominic Xavier/Rediff.com In its......

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