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Thursday, September 25, 2025
TopicCustoms duty

Topic: customs duty

Trump tariff diplomacy is reversing Modi’s protectionist decade

Import tariffs are not an economic consideration for the government of India anyway, with data from Budget 2025-26 showing that customs duty isn’t a key revenue source.

Indian art abroad struggles to come home—tax trouble, red tape, and endless wait at customs

The government’s recent decision to revoke a customs duty exemption on Indian art was the central topic of a panel discussion at DAG in Delhi this week.

After uproar over hike in Budget, govt reverts to 10% customs duty on lab chemicals, with 1 condition

The condition is that importers now have to give an undertaking that they will only supply labs. How this affects the supply chain remains to be seen.

Govt chooses 3 anti-cancer drugs for concessions — but list of life-saving costly medicines is long

Three drugs given customs duty waiver this week are all by a single drugmaker, it has been pointed out. Oncologists say concession basket needs to be extended.

Govt decision to remove tax on drugs & food to treat rare diseases could benefit 70-90 million Indians

Finance ministry announces exemption from basic customs duty. Cost of some medicines used to treat rare diseases ranges from Rs 10 lakh to Rs 1 crore, says govt.

By slashing import duties on edible oils, Modi govt torpedoing its boat of farm reforms

ThePrint view on the most important issues, instantly.

On Camera

Aryan Khan has turned his camera on us. ‘I won’t be your victim again,’ he is saying

The Bads of Bollywood isn’t just about the film industry’s chaos. It’s also a show about India’s chaos: the narratives, the gatekeepers, the false morality.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

China navy achieves breakthrough with new fighter jet launch system. What are electromagnetic catapults

China’s most advanced aircraft carrier—Fujian—uses electromagnetic catapults, a core component of future aircraft carriers.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.