The Union Government constituted a high-level task force under Chairmanship of Cabinet Secretary PK Sinha to identify various items and policy interventions to reduce dependence on imports. It...
India has notified higher tariffs on 29 items imported from United States (US). This is was in retaliation against US announcement imposing tariffs on steel and aluminium items...
The Central Board of Indirect Taxes and Customs (CBITC) under Finance Ministry has raised import duty by 5-10% on non-palm edible oils, both crude and refined ones, in...
According to data of Chinese General Administration of Customs, India-China bilateral trade has reached $84.44 billion last year, a historic high with 18.63% year-on-year growth rate. This is...
The Union Finance Ministry’s Revenue Department has imposed a five year anti-dumping duty on Sodium Nitrite imports from China. It was imposed based on recommendations of Directorate General...
The Union Government has waived the import duty on wheat to zero from 10 per cent for an indefinite period. This move aims to improve domestic availability in...
On 17 August the Finance Ministry has imposed definitive anti-dumping duty on ‘flax’ or ‘linen’ fabric imports from China and Hong Kong for period of five years. Accordingly...
Balance of Payments (BOP) is a systematic and summary record of a country’s economic and financial transactions with the rest of the world, over a period of time, say...
