Deloitte India Calls for Customs Duty Reforms in Budget
Deloitte India recommends rationalizing import duties and increasing budget allocations to strengthen domestic manufacturing and improve export competitiveness in the upcoming Union Budget.
Deloitte India recommends rationalizing import duties and increasing budget allocations to strengthen domestic manufacturing and improve export competitiveness in the upcoming Union Budget.
The Confederation of Indian Textile Industry urges the government to permanently scrap the 11% cotton import duty, warning it hurts competitiveness amid supply shortages.
Newly released cellphone footage captures the tense moments before ICE agent shot Renee Good in Minneapolis. JD Vance slams media coverage, defends officer's actions. Investigation ongoing.
Goa customs AIU seizes over 9kg of hydroponic cannabis from Bangkok passenger at Mopa airport. Valued at Rs 3.2 crore, the bust highlights vigilance against drug smuggling. Read for details.
Odisha cabinet approves Tata Power's massive solar manufacturing facility in Ganjam. The Rs 10,000 crore project will create over 5000 jobs and boost India's green energy goals. Read more.
EY India proposes extending the PLI scheme to AI, space, and robotics. The firm also calls for tax certainty and a customs dispute resolution mechanism in the upcoming FY27 Budget to boost investor confidence.
Former US President Donald Trump defended an ICE agent who shot a woman in Minneapolis, claiming she tried to 'run over' the officer. Full details and reactions.
Maharashtra teachers and school staff deployed on election duty work 30-35 hours straight, demanding a sanctioned paid rest day. The association cites exhaustion and late-night travel as major concerns.
US Supreme Court's decision on Trump's emergency tariffs could force a massive $150 billion refund process, leaving global companies and importers in a prolonged legal battle. Read the full analysis.
A 56-year-old Nagpur lecturer, scheduled for chemotherapy on Jan 15, is forced into election duty. Despite appeals, her name remains on the list, risking FIR and job loss. Read her ordeal.
US federal agents shot two individuals in Portland, sending them to hospital. The FBI leads the investigation following the shooting involving Customs and Border Protection agents. Details emerge.
A 56-year-old Nagpur lecturer, a cancer patient, is forced into election duty on her chemotherapy date despite appeals. Over 500 officials face notices for skipping training. Read about this bureaucratic insensitivity.
Mumbai school staff on election duty urge Maharashtra govt for a paid rest day, citing 30+ hour shifts and immediate return to school. Read their plea.
The government may introduce a customs duty amnesty scheme in Budget 2026-27 to resolve Rs 1.52 lakh crore in litigation. Read about the plan to slash duty slabs and fix FTA-related inverted duty structures.
Assistant Sub-Inspector Ajay Kumar Pandey, 55, suffered a fatal heart attack while on Dial 112 duty in Bettiah. The dedicated officer was pronounced dead upon arrival at the hospital, sending shockwaves through the police force. Read the full story.
Customs officers at Bengaluru and Mangaluru airports must now wear body cameras at Red Channel. The move aims for transparency and aligns with global standards. Read more.
DRI officers at Bhubaneswar's airport seized 2000 packets of duty-evaded imported cigarettes from a Dubai passenger. This marks the third such seizure in two years. Read more.
Uttar Pradesh Cabinet expands stamp duty concessions. Now, gifting commercial & industrial properties within family costs just Rs 5,000 stamp duty. Move aims to simplify & reduce cost of intra-family asset transfers.
Supreme Court rules in favour of Adani Power, says government cannot tax SEZ electricity as 'foreign import'. Full refund of duties ordered. Read the full analysis.
Karnataka government expands stamp duty exemption on gift deeds among family members to include commercial and industrial properties, boosting real estate transactions. Learn the new rules and benefits.
India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.
Supreme Court overturns Gujarat HC verdict, grants relief to Adani Power on customs duty for electricity supplied from SEZ to DTA. Landmark ruling upholds finality of judicial decisions.
Mumbai Customs' AIU nabs two Gujarat youths with 422 grams of hydroponic weed worth Rs 42.20 lakh smuggled from Bangkok. Read the full details of the airport bust.
Rahul Easwar's strong remarks on the Sabarimala issue have sparked fresh nationwide debate on tradition vs. rights. Read the latest on the controversy.
Supreme Court rules no customs duty on SEZ power supply, orders ₹458 crore refund to Adani Power. Landmark judgment ends decade-long tax dispute. Read the full story.
Pune airport customs reintroduces the 'green channel' for international passengers with nothing to declare, aiming to slash wait times. Learn about the rules, flight routes, and passenger impact.
As global trade faces headwinds, experts propose five specific reforms for India's customs system to enhance exports and integrate into supply chains. Read the detailed analysis.
Chennai Customs officials seized 700g of gold paste worth ₹1 crore from a Dubai passenger. The gold was cleverly concealed in a rubbery ball. Read the full story of the airport bust.
In a major bust, Mumbai Customs seized hydroponic weed, diamonds, and gold worth Rs 14 crore from a passenger arriving from London. Details on the multi-crore seizure at Chhatrapati Shivaji Maharaj International Airport.
Finance Ministry clarifies National Security Cess will be calculated on machine speed, not production output. This impacts importers and aims to safeguard health, security, and strategic interests.