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Monday, February 2, 2026
TopicCustoms duties

Topic: Customs duties

Budget 2026 didn’t address a critical issue—promoting MSME exports & keeping input costs high

Administrative efficiency and targeted schemes can ease frictions, but they cannot offset the competitiveness loss from expensive imported intermediates.

BMW India chief’s Union Budget wishlist — stable policy, import duty cuts, level playing field

Central government should consider introducing measures in interim budget to 'fuel demand' for four-wheelers, says BMW Group India president Vikram Pawah.

Income tax officials ‘visit’ Chinese computer-maker Lenovo’s office in India for ‘search op’

It wasn’t immediately clear why these searches were conducted. Lenovo is one of several Chinese tech companies that central government has accused of evading GST & customs duties. 

Electrical goods and tobacco to get costlier, raw sugar and tuna bait cheaper

The relative change in price of these products is due to custom duties and taxes imposed by the central government

Rupee rout prompts Modi govt to raise customs duties on $12 billion of goods

The taxes on 19 items will be effective Thursday as Modi govt seeks to narrow the current-account deficit and support the rupee.

On Camera

Budget 2026 didn’t address a critical issue—promoting MSME exports & keeping input costs high

Administrative efficiency and targeted schemes can ease frictions, but they cannot offset the competitiveness loss from expensive imported intermediates.

Floundering PM Internship Scheme has seen 44% drop out since 2024 launch. Budget deals drastic blow

Only 21 percent of interns complete programme as Centre slashes budget by over 50% after poor joining and high attrition.

More boots, bigger budget: Agnipath outlay jumps 58%, Army’s share the largest

With recruitments under Agnipath set to rise, the Union Budget has significantly increased spending, with the Army taking nearly 87% of the total outlay. 

Swiss report should now close Op Sindoor debate. Knowing when to stop the fight is key too

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.