Customs Duty Exemption
- All
- News
- Videos
-
Union Budget 2026 Signals Prevention-Led, Innovation-Driven Healthcare Shift, Say Industry Leaders
Union Budget 2026 places strong emphasis on prevention, biopharma innovation and mental health, with industry leaders highlighting the importance of early screening, stronger regulation and faster access to global medical innovation.
-
Union Budget 2026: 17 Cancer Drugs Get Import Duty Exemption To Cut Costs And Save Lives
The Union Budget 2026-27 has exempted basic customs duty on 17 critical cancer drugs to reduce treatment costs and improve access for patients reliant on expensive imported medicines.
-
Union Budget 2026: How Import Duty Exemption On Rare Disease Drugs Could Make Treatments Cheaper
The Union Budget 2026-27 includes customs duty exemptions on drugs and medical foods used to treat seven rare diseases under India's National Policy for Rare Diseases, potentially lowering costs for patients reliant on imported therapies.
-
Union Budget 2026 Puts Healthcare Growth At Centre With Biopharma, Mental Health, Cancer Care Focus
The Union Budget presented by Finance Minister Nirmala Sitharaman in Parliament on Sunday on healthcare and pharmaceuticals pushed biopharma manufacturing, research, and skilled manpower.
-
Tax Exemption On Capital Goods For Making Lithium-Ion Cells For Batteries
Finance Minister Nirmala Sitharaman on Sunday announced an extension of basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for battery storage in the annual budget for the next financial year.
-
What Nirmala Sitharaman Announced For Aviation Sector In Union Budget 2026
Finance Minister Nirmala Sitharaman, presenting the Union Budget 2026 today, announced basic customs duty exemption on raw materials for the manufacturing of aircraft parts for maintenance, repair and other units in the defence sector.
-
Union Budget 2026: Duty Relief On Cancer Drugs, Import Exemptions For Rare Diseases
In the Union Budget 2026, the government announced targeted relief for cancer patients by exempting basic customs duty on 17 essential cancer drugs and medicines, aimed at reducing treatment costs.
-
Income Tax Rule 2026: How Will New Changes Affect Taxpayers
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs have been reduced to eight.
-
India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
-
India's Department Of Posts Suspends All Mail Services To US, Citing Carrier Inability
The Department of Posts (DoP) has suspended all types of postal articles, including letters, documents, and gifts, valued up to $100, to the United States.
-
India To Temporarily Stop Postal Services To US From August 25
The Department of Posts announced in a statement on Saturday that all postal services to the United States will be temporarily suspended from August 25.
-
Centre Makes Raw Cotton Import Duty-Free Till September 30 To Support Textile Sector
The Centre has temporarily scrapped the 11% duty on raw cotton imports until September 30, seeking to cool prices and ease cost pressures on the textile industry at a time when exporters face mounting tariff barriers abroad.
-
Cancer Drugs To Get Cheaper In N Sitharaman's Big Budget Announcement
Finance Minister Nirmala Sitharaman announced Saturday that 36 lifesaving drugs and medicines, particularly for cancer patients and those suffering from rare diseases, will be fully exempt from basic customs duty(BCD).
-
Budget 2025: 36 Life-Saving Drugs Fully Exempted From Basic Customs Duty
Budget 2025: 36 life-saving drugs have been fully exempted from basic customs duty, Union Finance Minister Nirmala Sitharaman announced on Saturday.
-
Oppo India Issued Notice for Evading Customs Duties Worth Rs. 4390 Crore, Government Says
Oppo India evaded customs duty worth 4,390 crore, according to an investigation by the Directorate of Revenue Intelligence, according to the government. The Chinese smartphone manufacturer wrongfully used duty exemptions for items imported for use in mobile phone production, according to evidence uncovered by investigators. Oppo also allegedly made...
-
Union Budget 2026 Signals Prevention-Led, Innovation-Driven Healthcare Shift, Say Industry Leaders
Union Budget 2026 places strong emphasis on prevention, biopharma innovation and mental health, with industry leaders highlighting the importance of early screening, stronger regulation and faster access to global medical innovation.
-
Union Budget 2026: 17 Cancer Drugs Get Import Duty Exemption To Cut Costs And Save Lives
The Union Budget 2026-27 has exempted basic customs duty on 17 critical cancer drugs to reduce treatment costs and improve access for patients reliant on expensive imported medicines.
-
Union Budget 2026: How Import Duty Exemption On Rare Disease Drugs Could Make Treatments Cheaper
The Union Budget 2026-27 includes customs duty exemptions on drugs and medical foods used to treat seven rare diseases under India's National Policy for Rare Diseases, potentially lowering costs for patients reliant on imported therapies.
-
Union Budget 2026 Puts Healthcare Growth At Centre With Biopharma, Mental Health, Cancer Care Focus
The Union Budget presented by Finance Minister Nirmala Sitharaman in Parliament on Sunday on healthcare and pharmaceuticals pushed biopharma manufacturing, research, and skilled manpower.
-
Tax Exemption On Capital Goods For Making Lithium-Ion Cells For Batteries
Finance Minister Nirmala Sitharaman on Sunday announced an extension of basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for battery storage in the annual budget for the next financial year.
-
What Nirmala Sitharaman Announced For Aviation Sector In Union Budget 2026
Finance Minister Nirmala Sitharaman, presenting the Union Budget 2026 today, announced basic customs duty exemption on raw materials for the manufacturing of aircraft parts for maintenance, repair and other units in the defence sector.
-
Union Budget 2026: Duty Relief On Cancer Drugs, Import Exemptions For Rare Diseases
In the Union Budget 2026, the government announced targeted relief for cancer patients by exempting basic customs duty on 17 essential cancer drugs and medicines, aimed at reducing treatment costs.
-
Income Tax Rule 2026: How Will New Changes Affect Taxpayers
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs have been reduced to eight.
-
India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
-
India's Department Of Posts Suspends All Mail Services To US, Citing Carrier Inability
The Department of Posts (DoP) has suspended all types of postal articles, including letters, documents, and gifts, valued up to $100, to the United States.
-
India To Temporarily Stop Postal Services To US From August 25
The Department of Posts announced in a statement on Saturday that all postal services to the United States will be temporarily suspended from August 25.
-
Centre Makes Raw Cotton Import Duty-Free Till September 30 To Support Textile Sector
The Centre has temporarily scrapped the 11% duty on raw cotton imports until September 30, seeking to cool prices and ease cost pressures on the textile industry at a time when exporters face mounting tariff barriers abroad.
-
Cancer Drugs To Get Cheaper In N Sitharaman's Big Budget Announcement
Finance Minister Nirmala Sitharaman announced Saturday that 36 lifesaving drugs and medicines, particularly for cancer patients and those suffering from rare diseases, will be fully exempt from basic customs duty(BCD).
-
Budget 2025: 36 Life-Saving Drugs Fully Exempted From Basic Customs Duty
Budget 2025: 36 life-saving drugs have been fully exempted from basic customs duty, Union Finance Minister Nirmala Sitharaman announced on Saturday.
-
Oppo India Issued Notice for Evading Customs Duties Worth Rs. 4390 Crore, Government Says
Oppo India evaded customs duty worth 4,390 crore, according to an investigation by the Directorate of Revenue Intelligence, according to the government. The Chinese smartphone manufacturer wrongfully used duty exemptions for items imported for use in mobile phone production, according to evidence uncovered by investigators. Oppo also allegedly made...
