Tag: duty
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Tamil Nadu Budget 2025: Women’s free bus rides continue, stamp duty relief introduced
The Tamil Nadu government has allocated ₹3,600 crore in subsidies for its flagship free bus ride scheme for women in the 2025-26 Budget, presented...
Exclusive: Government mulls duty reduction on imported Scotch from UK, say sources
After giving concessions to US-based Bourbon Whiskey, the Indian government is now considering a review of import duties on alcoholic beverages, particularly Scotch whisky...
India is fixing its inverted duty structure to boost trade, says Sudhir Kapadia
Sudhir Kapadia, a tax expert and senior board adviser, emphasised that India has been actively working to correct its inverted duty structure. Recent Budgets,...
Budget cuts customs duty on jewellery, platinum findings to boost demand
The Budget has reduced the customs tariff on articles used for jewellery and parts thereof. The old customs tariff on jewellery and parts thereof...
Critical medicines under Patient Assistance Programmes get some basic customs duty relief
An expansion of Patient Assistance Programmes (PAP) is expected, with the Union Budget exempting 37 medicines from basic customs duty (BCD), provided the medicines...
