News: Tax

India is being seen as an economic “bright spot” in the world : Piyush Goyal

August 1, 2025

NEW DELHI : India and Russia could “take their dead economies down together”, said U.S. President Donald Trump on Thursday (July 31, 2025). The...

Donald Trump imposes 25% tariffs on India in addition to a Russia ‘penalty’

July 31, 2025

WASHINGTON : Donald Trump has announced the US will impose a 25% tariff on goods from India plus an extra “penalty” for the country...

Trump tariffs: How Germany, France, Spain reacted to 30% rate threat; Macron calls on EU to ‘defend European interests’

July 14, 2025

WASHINGTON : US President Donald Trump on Saturday intensified the tariff trade war even further by threatening to impose a 30 per cent tariff...

India may land sub-20% US tariff: Report claims interim trade deal in the works

July 14, 2025

WASHINGTON : The U.S. is reportedly nearing an interim trade deal with India that could see proposed tariffs drop below 20%, a significant break...

India revises WTO retaliatory duty proposal amid fresh US tariff hike on Steel and Aluminium

July 11, 2025

NEW DELHI : India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organisation) norms against the US over American...

Trump says 50% tariff on copper imports is coming and threatens 200% on pharmaceuticals

July 10, 2025

WASHINGTON : President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper imported into the US. However, it’s unclear when...

CBIC expands ICETAB-based Digital Customs Checks to export consignments

July 10, 2025

NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) is expanding its digital customs clearance infrastructure with the rollout of ICETABs...

2 Navi Mumbai shipping agents under DRI surveillance over lack of information in Wan Hai 503 cargo

June 21, 2025

KOCHI : The Directorate of Revenue Intelligence (DRI) has placed two shipping agents operating at the Nhava Sheva Port in Navi Mumbai under close...

India slaps anti-dumping duties on key chemical imports from China, EU, Japan, and Switzerland

June 9, 2025

NEW DELHI : The government has imposed anti-dumping duties on imports of Vitamin-A Palmitate and Insoluble Sulphur from China, Japan, Switzerland and the European...

S.K. Rahman IRS, Chief Commissioner of CGST & Customs launches TAXSCAN 2.0

June 6, 2025

KOZHIKODE : Chief Commissioner of CGST & Customs, Thiruvananthapuram Zone, Shri S.K. Rahman, Indian Revenue Service (IRS), on Wednesday (4th June, 2025) launched TAXSCAN...

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