Import Taxes
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How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the
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Centre Raises Gold, Silver Import Tariffs To 15% Amid PM's Forex Warning
The government has imposed a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC) on gold and silver imports, taking the effective import tax to 15% from 6%.
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Tax Body CBIC Removes Rs 10 Lakh Cap To Boost Courier Exports
In order to address congestion and delays in the disposal of uncleared or unclaimed imported goods at International Courier Terminals, CBIC has introduced a Return to Origin (RTO) facility.
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Where Your Rs 2,000 Spent On Petrol Goes: Taxes, Iran And Oil Companies
Every litre of petrol or diesel you buy in India is a mix of crude oil cost, central and state taxes, and dealer margin, and geopolitical risk, particularly after the Iran war sent crude prices soaring.
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Hidden Charges Killing Tax-Saving Returns? Here's What You Should Know
Many investments come with hidden charges, so it's important to be aware of them and avoid frequent buying and selling.
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Global Supply Hit, Russia Is Still Earning Every Day From Oil Amid Iran War
US-Israel-Iran conflict: Moscow has gained considerably due to the surge in crude oil prices.
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'Tariffs Will Replace Income Tax, Will Take Burden Off Americans': Trump In Key Speech
US President Donald Trump, in his State of the Union address, said that the tariffs paid by foreign countries will replace the modern-day system of income tax.
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US Supreme Court Judges Who Blocked Trump's Tariffs And Those Who Backed Him
The US Supreme Court blocked large parts of Donald Trump's global tariff programme in a 6-3 ruling on Friday. The Court found that the US President exceeded his authority under the International Emergency Economic Powers Act (IEEPA)
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India To Slash Tariffs On Cars To 40% In Trade Deal With EU: Report
India has agreed to immediately reduce the tax on a limited number of cars from the 27-nation bloc with an import price of more than 15,000 euros, two sources told Reuters.
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Tariffs Cause $1,200 Price Hike For Every US Household Since Trump's Return
Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress' Joint Economic Committee.
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Costco Becomes Latest Top Firm To Demand Refund On Trump's Taxes
Costco is joining other companies that aren't waiting to see whether the Supreme Court strikes down President Donald Trump's most sweeping import taxes. They're going to court to demand refunds on the tariffs they've paid.
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Invested In US Stocks? Beware Of This Hidden Tax Trap, Warns Veteran Investor
His warning highlights the importance of understanding tax implications when investing abroad.
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Trump To Impose 100% Tariffs On Films Made Outside US, Threatens Tax On Furniture
Trump Imposes 100% Tariffs On Films Made Outside US, Threatens Levy On Furniture
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Trump Announces New Tariffs: 100% On Drugs, 50% On Kitchen Cabinets, Others
President Donald Trump said Thursday that he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.
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Dulquer Salmaan, Prithviraj Sukumaran's Houses Raided Over Luxury Car Tax Evasion
The raids were underway at 30 locations across Kerala, including Thiruvananthapuram, Ernakulam, Kottayam, Kozhikode, and Malappuram.
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How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the
-
Centre Raises Gold, Silver Import Tariffs To 15% Amid PM's Forex Warning
The government has imposed a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC) on gold and silver imports, taking the effective import tax to 15% from 6%.
-
Tax Body CBIC Removes Rs 10 Lakh Cap To Boost Courier Exports
In order to address congestion and delays in the disposal of uncleared or unclaimed imported goods at International Courier Terminals, CBIC has introduced a Return to Origin (RTO) facility.
-
Where Your Rs 2,000 Spent On Petrol Goes: Taxes, Iran And Oil Companies
Every litre of petrol or diesel you buy in India is a mix of crude oil cost, central and state taxes, and dealer margin, and geopolitical risk, particularly after the Iran war sent crude prices soaring.
-
Hidden Charges Killing Tax-Saving Returns? Here's What You Should Know
Many investments come with hidden charges, so it's important to be aware of them and avoid frequent buying and selling.
-
Global Supply Hit, Russia Is Still Earning Every Day From Oil Amid Iran War
US-Israel-Iran conflict: Moscow has gained considerably due to the surge in crude oil prices.
-
'Tariffs Will Replace Income Tax, Will Take Burden Off Americans': Trump In Key Speech
US President Donald Trump, in his State of the Union address, said that the tariffs paid by foreign countries will replace the modern-day system of income tax.
-
US Supreme Court Judges Who Blocked Trump's Tariffs And Those Who Backed Him
The US Supreme Court blocked large parts of Donald Trump's global tariff programme in a 6-3 ruling on Friday. The Court found that the US President exceeded his authority under the International Emergency Economic Powers Act (IEEPA)
-
India To Slash Tariffs On Cars To 40% In Trade Deal With EU: Report
India has agreed to immediately reduce the tax on a limited number of cars from the 27-nation bloc with an import price of more than 15,000 euros, two sources told Reuters.
-
Tariffs Cause $1,200 Price Hike For Every US Household Since Trump's Return
Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress' Joint Economic Committee.
-
Costco Becomes Latest Top Firm To Demand Refund On Trump's Taxes
Costco is joining other companies that aren't waiting to see whether the Supreme Court strikes down President Donald Trump's most sweeping import taxes. They're going to court to demand refunds on the tariffs they've paid.
-
Invested In US Stocks? Beware Of This Hidden Tax Trap, Warns Veteran Investor
His warning highlights the importance of understanding tax implications when investing abroad.
-
Trump To Impose 100% Tariffs On Films Made Outside US, Threatens Tax On Furniture
Trump Imposes 100% Tariffs On Films Made Outside US, Threatens Levy On Furniture
-
Trump Announces New Tariffs: 100% On Drugs, 50% On Kitchen Cabinets, Others
President Donald Trump said Thursday that he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.
-
Dulquer Salmaan, Prithviraj Sukumaran's Houses Raided Over Luxury Car Tax Evasion
The raids were underway at 30 locations across Kerala, including Thiruvananthapuram, Ernakulam, Kottayam, Kozhikode, and Malappuram.
