scorecardresearch
Thursday, August 14, 2025
TopicCustoms duties

Topic: Customs duties

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. 

Customs gets 5-day custody of Swapna Suresh, Sandeep Nair in Kerala gold smuggling case

The duo was arrested by the NIA from Bengaluru on 11 July and formally arrested by the Customs (Preventive) Commissionerate on 24 July.

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

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.