Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
Unsubstantiated exempt agricultural income claim sustains concealment penalty after disclosure only on departmental detection and no bona fide evidenc...
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Customs duty reforms aim to boost domestic manufacturing, deepen local value addition, enhance export competitiveness, and simplify taxation while prioritizing public interest. Exemptions granted on 25 critical minerals, three cancer drugs, and inputs for seafood, leather, and textile sectors. Duty reduced on mobile phones, chargers, and components to 15%. Renewable energy sector supported through duty exemptions on capital goods for solar cell manufacturing. Duty rationalized for gold, silver, platinum, ferro nickel, and blister copper to enhance domestic value addition. Comprehensive review of customs duty structure planned for rationalization and simplification.
Customs duty reforms aim to boost domestic manufacturing, deepen local value addition, enhance export competitiveness, and simplify taxation while prioritizing public interest. Exemptions granted on 25 critical minerals, three cancer drugs, and inputs for seafood, leather, and textile sectors. Duty reduced on mobile phones, chargers, and components to 15%. Renewable energy sector supported through duty exemptions on capital goods for solar cell manufacturing. Duty rationalized for gold, silver, platinum, ferro nickel, and blister copper to enhance domestic value addition. Comprehensive review of customs duty structure planned for rationalization and simplification.
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