CBIC extends deadline for sensitive cargo declarations under Sea Cargo Regulations to May 31, 2025
NEW DELHI : The Ministry of Finance issued Notification No. 29/2025-Customs (N.T.) dated 28th March 2025, extending the compliance deadline under the Sea Cargo Manifest and Transshipment Regulations, 2018. The notification issued by the Central Board of Indirect Taxes
Finance Ministry warns about uncertainty in trade policy, geopolitics risk growth next year
NEW DELHI : The Finance Ministry cautioned about geopolitical tensions, trade policy uncertainties, volatility in international commodity prices and financial market uncertainties pose considerable risks to India’s economic growth for the next year. “Global trade
FinMin empanels B.A.V. Srinivasa Rao and Lalit Prasad as Principal Commissioner of CBIC on ad-hoc Basis
NEW DELHI : The Central Board of Indirect Taxes & Customs (CBIC) under the Department of Revenue has recently issued an Office Order informing the empanelment and promotion of B.A.V. Srinivasa Rao and Lalit Prasad to
Tamil Nadu gets major chunk of projects under PLI scheme in Electronics, Automobile : FM Sitharaman
CHENNAI : Tamil Nadu has emerged as a key beneficiary under the Production-Linked Incentive (PLI) Scheme, receiving a significant share of projects in the electronics and automobile sectors, Union Finance Minister Smt Nirmala Sitharaman
US tariff threats hit Indian exports in February
NEW DELHI : Indian exports in February were impacted by US tariff threats, a government source said. India is considering offering incentives to exporters amid global uncertainty, with a decision expected within a month,
Govt remains committed to ensuring of timely implementation of all budget announcements for the year 2025-26 : Nirmala Sitharaman
NEW DELHI : Addressing a post-budget webinar on the theme “Regulatory, Investment, And Ease Of Doing Business (EODB) Reforms” organized by the Department of Financial Services, Union Minister of Finance and Corporate affairs, Smt.
Gujarat Govt to revive Port City project; Rs. 100 crore allocation proposed in Budget 2025
GANDHINAGAR : The Gujarat Government is set to initiate the Port City Project in the near future. Finance Minister Shri Kanubhai Desai has proposed an allocation of Rs. 100 crore for the financial year
CBIC celebrates International Customs Day with a focus on Efficiency, Security and Prosperity
MUMBAI : The Central Board of Indirect Taxes and Customs (CBIC) celebrated International Customs Day at Nhava Sheva, Mumbai, with the theme “Customs Delivering on its Commitment to Efficiency, Security, and Prosperity.” The event