Category : Search result: concessional duty


Govt May Extend 5% Duty on EV Battery Cells

India considers extending concessional customs duty on lithium-ion cells for EVs in the upcoming budget, as domestic manufacturing fails to take off and imports surge. Read more.

Cigarette, Gutkha Prices to Rise After Govt Excise Duty Hike

The Indian government has sharply increased excise duties on cigarettes and tobacco products from February 1, 2024. This move will lead to higher retail prices for consumers. Get all the details on the new rates and their impact.

Tata Steel Rallies 8% on Govt's Steel Duty Extension

Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.

China Launches WTO Dispute Against India on Trade Duties

China initiates a WTO trade dispute against India, challenging import duties on solar cells and IT goods. This move escalates bilateral trade tensions and could impact India's green energy goals. Read more for details and analysis.

India Denies Duty Cuts for NZ on Key Agri Items

India rejects New Zealand's request for duty concessions on dairy, vegetables, sugar, and metals. The move protects domestic sectors as both nations review their trade agreement. Read the full analysis.

HC Orders ₹10.8 Lakh Stamp Duty Refund to Pune Couple

Bombay High Court directs Maharashtra to refund stamp duty to an elderly Pune couple who abandoned a flat purchase due to Covid-19 financial and medical crisis. Landmark ruling prevents 'unjust enrichment' by state.

IndiGo Flight Crisis: DGCA Probes Mass Cancellations

IndiGo faces severe operational crisis with hundreds of flights cancelled. DGCA investigates as new pilot duty rules, airport tech issues, and winter congestion cripple India's largest airline.

Parliament Approves Excise Duty on Tobacco Bill

The Indian Parliament has approved a bill to impose excise duty on tobacco. Finance Minister Nirmala Sitharaman addressed the Rajya Sabha, detailing the legislation's aspects and responding to queries. Read the full story.

IndiGo Cancels 175 Flights Amid New Crew Rules

IndiGo cancels over 175 flights as new pilot rest rules disrupt operations. Thousands stranded. Airline scrambles to adjust schedules. Check flight status before travel.

LIC's Voting Pattern: Insurer or State Tool?

Mint's investigation reveals LIC's inconsistent voting, raising questions about its dual role as a public insurer and a strategic state investor. Explore the implications for millions of policyholders.

Lok Sabha Passes Tobacco Excise Duty Bill

Lok Sabha approves Central Excise Bill to tax tobacco. Finance Minister says revenue will go to divisible pool, with 41% for states. Opposition criticizes move as filling fiscal gap.

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