import duty

  1. K

    Government Discusses Scaling Up Induction Heater Production

    New Delhi, April 3 The government held discussions on Friday about measures to encourage companies to increase the production of induction heaters and compatible utensils, amid rising demand for these products due to concerns over LPG availability following the West Asia crisis, an official...
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    India Eases Import Duty on Petrochemicals to Support Businesses

    New Delhi, April 2 Indian businesses said on Thursday that the government's move to exempt the import of critical petrochemical products from customs duty for three months until June 30 is a timely response to supply chain disruptions arising from the West Asia conflict, which will provide...
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    State Faces Economic Concerns Amid Free Trade Agreements

    Shimla, March 31 In order to compete with apples from countries like the US and New Zealand, Himachal must improve the quality of its own produce, Horticulture Minister Jagat Singh Negi said on Tuesday.Responding to a discussion in the state assembly on a resolution introduced by Congress MLA...
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    Changes to Petrol/Diesel Excise Duty Aim for Price Stability

    March 27, New Delhi: Vivek Chaturvedi, Chairman of the Central Board of Indirect Taxes and Customs (CBIC), stated that there have been changes in the excise duty on petrol and diesel for domestic consumption. Specifically, the domestic special additional excise component of the current levy on...
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    Rumors of Lockdown Dismissed – Sitharaman Assures Public

    Union Finance Minister Nirmala Sitharaman stated today that the government is ensuring that there will be no price increases for petrol, diesel, and Aviation Turbine Fuel (ATF). Speaking to the media in New Delhi, Ms. Sitharaman said that, considering the situation in West Asia, the Prime...
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    India's Nuclear Power Projects: Cost Reduction & Growth

    New Delhi, March 18 The exemption of customs duty on imported nuclear fuels and reactor components up to the year 2035 will contribute to reducing both project costs and electricity generation costs, thereby improving the economic viability of nuclear power projects, Union Minister Jitendra...
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    Industry Leaders Project Growth in India's Textile & Apparel Trade

    New Delhi, February 17 – India’s textile and apparel export sector is on the path to recovery from the uncertain past, and is likely to perform even better than before once the country’s new trade deals come into effect, according to industry players.Industry players also dismissed reports of...
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    US-India Trade Agreement: Critics Question Sovereignty and India’s Economic Strategy

    New Delhi, February 16 The Congress party on Monday accused Prime Minister Narendra Modi of "surrendering" to US President Donald Trump by agreeing to the India-US interim trade deal. The party claims this deal will "devastate" the livelihoods of millions of farmers across the country and...
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