The Food Ministry has asked edible oil companies to pass on the full benefit of lower import duties to consumers. The government reduced basic customs duty on crude sunflower oil from 10%…
The government has reduced basic customs duty (BCD) on crude and refined edible oils, effective from September 24. The BCD on crude sunflower oil was cut to nil from 10%, while the…
Indian residents travelling from the UAE can bring gold jewellery duty-free: up to 20 grams worth Rs 50,000 for men and 40 grams worth Rs 1 lakh for women. Gold coins and…
The Bombay High Court has released Volkswagen's $1.4 billion customs tax case nearly 1.5 years after reserving judgment, ordering a fresh hearing before a different bench. Justices BP Colabawalla and Firdosh Pooniwalla…
Senco Gold shares fell 14.5% on Wednesday to a four-week low of Rs 343 apiece after the jewellery retailer reported a 67% jump in revenue to Rs 3,056 crore for Q1 FY27.…
A senior official said the government is in an “advanced stage of consultation” to remove the 11 per cent customs duty on raw cotton imports, with the finance, textiles and agriculture ministries…
Gold demand in India dropped 6% in volume to 131.4 tonnes in the April-June quarter, but its value rose 50% to Rs 1.98 lakh crore, the World Gold Council reported. Jewellery demand…
