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Friday, May 1, 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

India’s real estate will meet the reality of agentic AI

New Delhi: The outsourcing industry, India’s largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top...

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.