Govt exempts import duty on drugs used for treatment of rare diseases

Mar 30, 2023

The central has fully exempted basic customs duty on the import of all drugs and food for special medical purposes and for personal use...

Govt cuts customs duty on masur to nil, halves agricultural infrastructure development cess by 10 pc

Jul 26, 2021

New Delhi [India], July 26 : The central government on Monday reduced basic customs duty on masur dal to zero and also halved agricultural...

Centre waives off basic customs duty on oxygen, oxygen-related equipment, COVID-19 vaccines for three months

Apr 24, 2021

New Delhi [India], April 24 : Prime Minister Narendra Modi on Saturday chaired a meeting to review steps taken to boost oxygen availability...

CIABC cautions govt against reducing customs duty on liquor imports from UK

Oct 02, 2020

New Delhi [India], October 2 : The Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged Union Commerce and Industry Minister Piyush Goyal to...

Union Budget 2024-25: Mobile Phones to get cheaper, as FM Nirmala Sitharaman reduces basic customs duty to 15%

Jul 23, 2024

Sitharaman said, "With a three fold increase in the domestic production and almost a 100-fold jump in exports of mobile phones over the last...

Here's what will get cheaper and costlier after this Budget

Jul 23, 2024

One aspect that always garners much traction on the Budget day is what got cheaper and what got costlier. Finance Minister Nirmala Sitharaman as...