India is set to review import tariffs on over 30 items including luxury cars and solar cells, potentially leading to higher ...

Delhi High Court held that gold bangles worn by foreigner coming to India being part of personal effects is not required to be declared. Accordingly, seizure of such gold bangles by customs department ...

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...

An amendment to the Customs Act in the Finance Bill 2025 streamlines tax refunds and duty payments, allowing businesses to ...

The Indian Government has announced the elimination of customs duty on the waste and scrap of several critical minerals ...

In an interview to Mint and HT, FM Nirmala Sitharaman explained the philosophy behind the new Income Tax bill, what the ...

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

India's FY26 budget lowers average customs duty rates to 10.66%, enhancing trade relations. While import duties on ...

India's finance ministry proposes a 2-year time limit for finalizing provisional assessments of trade consignments, aiming to ...

The financial ministry's proposal to set a two-year limit for finalising provisional assessments addresses delays in customs processes. The initiative aims to enhance business predictability and ease ...

Revenue collection at Benapole Custom House fell short by Tk115.23 crore in the first six months of the 2024-25 fiscal year, as imports from India through the Benapole Land Port declined.  Traders ...

This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Duty (BCD) is levied on imported ...