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Trump's Tariff Plans Would Cost US Employers $82.3 Billion: Analysis
An analysis finds a critical group of US employers would face a direct cost of $82.3 billion from President Donald Trump's current tariff plans, a sum that could potentially be managed
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US Plans 500% Tariffs On Top Russian Oil Buyers. How It Will Affect India
The United States is planning to tax countries that continue to trade with Russia even after Moscow's full-scale invasion of Ukraine three years ago.
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US Court Allows Trump To Keep Collecting Tariffs Amid Challenges
A federal appeals court agreed on Tuesday to let the government keep collecting President Donald Trump's sweeping import taxes while challenges to his signature trade policy continue on appeal.
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New Electric Car Scheme Offers Import Tax Cuts To Makers For Local Production
The government will significantly lower import tax for foreign automakers that pledge to invest in domestic electric vehicle (EV) production, as it looks to strengthen local manufacturing and draw in global industry leaders.
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GOI Issues EV Manufacturing Policy To Boost Electric Car Production: Full Details
GOI is aiming to cut down the import taxes for foreign automakers under its EV policy, provided they invest in the country's EV production facilities.
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Trump's Massive Tariffs Haven't Done Much Economic Damage Yet
Trump has plastered 10% taxes on imports from almost every country on earth. He's also imposed 25% duties on cars, aluminum, steel, and many imports from Canada and Mexico.
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Samsung Fights $520 Million India Tax Demand, Points to Reliance Practice
Samsung has asked the Customs Excise and Service Tax Appellate Tribunal in Mumbai to quash a $520 million (roughly Rs. 4,381 crore) tax demand for allegedly misclassifying imports of networking gear. The South Korean giant has said that Mukesh Ambani-led Reliance also imported the same component in a similar manner for years.
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Samsung Questions India's $520 Million Tax Order, Points Finger At Reliance
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India's Reliance imported the same component in a similar manner.
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GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
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Trump Was "Pissed Off" At Putin, But Russia Missing From His Tariff List
After weeks of anticipation, US President Donald Trump on Wednesday unveiled his reciprocal tariffs plan by declaring a 10 per cent baseline tax on practically all goods imported to the United States.
-
Trump Tariffs Q&A: How Soon Will Prices Rise, Are Other Countries Taxing US
President Donald Trump followed through on his tariff threats by declaring a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
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Video: Donald Trump Claims He "Heard India Will Drop Tariffs Substantially"
Little over twenty-four hours before he drops the reciprocal tariff bomb for the world, including his countrymen to deal with, Donald Trump has made a stunning claim - that he heard India will drop tariffs on US imports substantially.
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Samsung Ordered to Pay $601 Million in Back Taxes in India, Penalties Over Telecom Imports
India has ordered Samsung to pay $601 million (roughly Rs. 5,149 crore) in back taxes and penalties for dodging import tariffs. The Samsung investigation began in 2021 when tax inspectors searched its offices in the financial capital of Mumbai and Gurugram near New Delhi, seizing documents, emails and some electronic devices.
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India Says "No Commitments" To Tariff Cuts After Trump's Tax Cut Claim
India says it has not committed to slashing import duties on US products, days after President Donald Trump announced that New Delhi had agreed to "cut their tariffs way down".
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US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
-
Trump's Tariff Plans Would Cost US Employers $82.3 Billion: Analysis
An analysis finds a critical group of US employers would face a direct cost of $82.3 billion from President Donald Trump's current tariff plans, a sum that could potentially be managed
-
US Plans 500% Tariffs On Top Russian Oil Buyers. How It Will Affect India
The United States is planning to tax countries that continue to trade with Russia even after Moscow's full-scale invasion of Ukraine three years ago.
-
US Court Allows Trump To Keep Collecting Tariffs Amid Challenges
A federal appeals court agreed on Tuesday to let the government keep collecting President Donald Trump's sweeping import taxes while challenges to his signature trade policy continue on appeal.
-
New Electric Car Scheme Offers Import Tax Cuts To Makers For Local Production
The government will significantly lower import tax for foreign automakers that pledge to invest in domestic electric vehicle (EV) production, as it looks to strengthen local manufacturing and draw in global industry leaders.
-
GOI Issues EV Manufacturing Policy To Boost Electric Car Production: Full Details
GOI is aiming to cut down the import taxes for foreign automakers under its EV policy, provided they invest in the country's EV production facilities.
-
Trump's Massive Tariffs Haven't Done Much Economic Damage Yet
Trump has plastered 10% taxes on imports from almost every country on earth. He's also imposed 25% duties on cars, aluminum, steel, and many imports from Canada and Mexico.
-
Samsung Fights $520 Million India Tax Demand, Points to Reliance Practice
Samsung has asked the Customs Excise and Service Tax Appellate Tribunal in Mumbai to quash a $520 million (roughly Rs. 4,381 crore) tax demand for allegedly misclassifying imports of networking gear. The South Korean giant has said that Mukesh Ambani-led Reliance also imported the same component in a similar manner for years.
-
Samsung Questions India's $520 Million Tax Order, Points Finger At Reliance
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India's Reliance imported the same component in a similar manner.
-
GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
-
Trump Was "Pissed Off" At Putin, But Russia Missing From His Tariff List
After weeks of anticipation, US President Donald Trump on Wednesday unveiled his reciprocal tariffs plan by declaring a 10 per cent baseline tax on practically all goods imported to the United States.
-
Trump Tariffs Q&A: How Soon Will Prices Rise, Are Other Countries Taxing US
President Donald Trump followed through on his tariff threats by declaring a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
-
Video: Donald Trump Claims He "Heard India Will Drop Tariffs Substantially"
Little over twenty-four hours before he drops the reciprocal tariff bomb for the world, including his countrymen to deal with, Donald Trump has made a stunning claim - that he heard India will drop tariffs on US imports substantially.
-
Samsung Ordered to Pay $601 Million in Back Taxes in India, Penalties Over Telecom Imports
India has ordered Samsung to pay $601 million (roughly Rs. 5,149 crore) in back taxes and penalties for dodging import tariffs. The Samsung investigation began in 2021 when tax inspectors searched its offices in the financial capital of Mumbai and Gurugram near New Delhi, seizing documents, emails and some electronic devices.
-
India Says "No Commitments" To Tariff Cuts After Trump's Tax Cut Claim
India says it has not committed to slashing import duties on US products, days after President Donald Trump announced that New Delhi had agreed to "cut their tariffs way down".
-
US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
