The Union Budget prioritizes economic progress with tax reforms, innovation, and skill development, offering income tax ...

The Indian government in the Union Budget 2025-26 proposed to reduce the number of Basic Custom Duty (BCD) rates on several ...

Government exempts parts for LED TV panels from basic custom duty to boost local manufacturing, but industry players express concerns.

Summary: The Union Budget 2025 proposes a rationalized customs tariff structure by removing seven tariff rates, leaving only eight, with minor reductions on select items. To support domestic ...

This is the second full budget of the Modi 3.0 government, which returned to power at the Centre in the 2024 Lok Sabha elections.

The budget aims to enhance India's tech economy through customs duty hikes, a deep-tech fund, and an AI education centre.

The changes in import tariffs will benefit labour-intensive sectors such as gem and jewellery, textiles, leather and footwear ...

3.EV, phone batteries: 35 new goods for electronic vehicle (EV) battery production and 28 new goods for mobile phone battery production will be included in the list of exempted capital goods. 4.Frozen ...

Likewise, bikes with engine capacity not exceeding 1,600 cc imported as CBU will also become cheaper as tariff has been cut to 40 per cent from 50 per cent.

Imported life saving drugs and medicines used in the treatment of cancer, rare and other severe chronic diseases, along with imported motorcycles, are set to become cheaper with Finance Minister Nirma ...

This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Duty (BCD) is levied on imported ...

The govt is set to revise the BCD rate on electronic goods in line with our Make in India policy and to rectify inverted duty ...