customs duty

Unfavourable levies hit Indian manufacturing: FICCI


August 12th, 2012 - 8:52 pm ICT by IANS
New Delhi, Aug 12 (IANS) Several industrial sectors like tyres, electronic hardware, electrical equipment and medical instruments are suffering due to an unfavourable duty structure which makes Indian manufacturing uncompetitive, ... Read more...

Posted in Business |

Customs release restored print of Uday Shankar’s ‘Kalpana’ (Lead)


July 30th, 2012 - 11:37 pm ICT by IANS
Mumbai, July 30 (IANS) After a delay of 25 days, the restored digital print of "Kalpana" - noted dancer Uday Shankar's 1948 film on experimental dance - was finally handed ... Read more...

Posted in Entertainment |

Lottery scam: Five foreigners sent to judicial custody


July 17th, 2012 - 1:04 pm ICT by IANS
Bargarh (Odisha), July 17 (IANS) A court in Odisha has remanded four Nigerian men and a Ugandan woman arrested four days ago in a lottery fraud case to 15 days ... Read more...

Posted in Uncategorized |

‘Peddlers’ team in customs hassle


May 31st, 2012 - 6:48 pm ICT by IANS
Mumbai, May 31 (IANS) "Peddlers" co-producer Guneet Monga and director Vasan Bala were held up at the Mumbai airport by customs officials for carrying iPads and were released after they ... Read more...

Posted in Entertainment |

Lift aluminium import duties, government urged


May 10th, 2012 - 11:41 pm ICT by IANS
New Delhi, May 10 (IANS) Federation of Indian Micro and Small and Medium Enterprises (FISME) Thursday called for immediate lifting of import duties on electrical-grade aluminium for speeding up power ... Read more...

Posted in Business |

Hike duty on imported apples: Himachal Pradesh


May 9th, 2012 - 10:44 pm ICT by IANS
New Delhi, May 9 (IANS) Himachal Pradesh Wednesday demanded a hike in the duty on imported apples to protect the domestic industry."There is a need for increasing customs duty on ... Read more...

Posted in Business |

Indian aviation’s MRO business set to soar


April 8th, 2012 - 1:37 pm ICT by IANS
New Delhi, April 8 (IANS) India's aviation maintenance, repair and overhaul (MRO) business is set to rise as a result of the government's plan to slash high custom duties ... Read more...

Posted in Business |

Tax on gold amounts to taxing culture: Congress MP


April 4th, 2012 - 2:38 pm ICT by IANS
Panaji, April 4 (IANS) Finance Minister Pranab Mukherjee's move to tax gold has come in for criticism from Goa's Congress MP Shantaram Naik, who has said that a tax ... Read more...

Posted in Politics |

Kashmir Valley gold sellers on strike against excise duty


April 3rd, 2012 - 5:14 pm ICT by IANS
Srinagar, April 3 (IANS) Wholesale and retail gold traders of the Kashmir Valley continued their strike for the 16th day Tuesday against the excise duty hike on branded and ... Read more...

Posted in National |

Goa, where petrol price goes south!


March 29th, 2012 - 12:16 pm ICT by IANS
Panaji, March 29 (IANS) Goa may now come to be known more for cheap petrol than the local drink feni.The new Bharatiya Janata Party (BJP) government in Goa is ... Read more...

Posted in Business |

Jewellers resume shutdown in Bengal, demand rollback of excise duty


March 29th, 2012 - 12:10 am ICT by IANS
Kolkata, March 28 (IANS) Jewellers and artisans across West Bengal resumed their indefinite shutdown from Wednesday, demanding rollback of excise duty on unbranded jewellery proposed by union Finance Minister ... Read more...

Posted in Business |

JD-U suggests chief ministers’ meet to rationalise central schemes


March 27th, 2012 - 10:23 pm ICT by IANS
New Delhi, March 27 (IANS) The Janata Dal-United Tuesday called for a meeting of chief ministers to rationalise the central schemes as allies of the government and opposition parties ... Read more...

Posted in Politics |

Steel ministry subsidy scheme for iron ore processing


March 26th, 2012 - 5:47 pm ICT by IANS
Kolkata, March 26 (IANS) The steel ministry would soon come out with an interest rate subsidy scheme for iron ore processing and introducing energy-efficient systems in secondary steel plants."Both the ... Read more...

Posted in Uncategorized |

Bengal minister urges Pranab to reconsider gold duty hike


March 24th, 2012 - 7:28 pm ICT by IANS
Kolkata, March 24 (IANS) West Bengal Industry Minister Partha Chatterjee Satuday urged union Finance Minister Pranab Mukherjee to reconsider the budget proposal of increasing basic customs duty on standard ... Read more...

Posted in Politics |

A Pakistani minister owns almost a town!


March 22nd, 2012 - 8:03 pm ICT by IANS
Islamabad, March 22 (IANS) A provincial minister in Pakistan owns a tract of land that equals a small town - 24,338 acres to be precise. Another wears diamond-studded Rolex watches ... Read more...

Posted in South Asia |

Jewellers extend shutdown by two more days


March 19th, 2012 - 11:20 pm ICT by IANS
Kolkata, March 19 (IANS) The All India Gems and Jewellery Trade Federation Monday extended by two more days their strike to protest the government's budget proposal to hike basic customs ... Read more...

Posted in Uncategorized |

Budget has welcome and avoidable features: Karunanidhi


March 16th, 2012 - 11:54 pm ICT by IANS
Chennai, March 16 (IANS) DMK president M. Karunanidhi Friday described the budget as a mix of welcome and avoidable features, adding that its efficacy in improving the living standards ... Read more...

Posted in Politics |

Hike in import duty on gold: Jewellers body calls for shutdown


March 16th, 2012 - 11:28 pm ICT by IANS
Kolkata, March 16 (IANS) The All India Gems and Jewellery Trade Federation Friday called for a country-wide shutdown March 17 to protest against the government's budget proposal to increase ... Read more...

Posted in Business |

Health budget ‘reassuring’, welcomed by industry


March 16th, 2012 - 11:25 pm ICT by IANS
New Delhi, March 16 (IANS) The healthcare industry Friday welcomed Finance Minister Pranab Mukherjee's announcement reducing excise duty on life saving drugs and emphasis on preventive health check-ups."The budget ... Read more...

Posted in Uncategorized |

Budget impact: Toyota Kirloskar to increase prices


March 16th, 2012 - 10:16 pm ICT by IANS
Chennai, March 16 (IANS) Japanese-Indian car joint venture Toyota Kirloskar Private Ltd said Friday it would have no option but to raise the prices of its cars following the ... Read more...

Posted in Uncategorized |

Budget allows airlines to access foreign funds (Second Lead)


March 16th, 2012 - 9:49 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Jewellers criticise hike in import duty on gold


March 16th, 2012 - 8:21 pm ICT by IANS
New Delhi/Mumbai, March 16 (IANS) Indian jewellery makers Friday criticised Union Finance Minister Pranab Mukherjee's proposal to increase basic customs duty on standard gold bars, gold coins and platinum ... Read more...

Posted in Business |

Gold to cost more as budget proposes to increase customs duty


March 16th, 2012 - 8:16 pm ICT by IANS
New Delhi, March 16 (IANS) Gold is set to cost more from April 1, 2012 with Finance Minister Pranab Mukherjee Friday proposing to raise import duty on standard gold ... Read more...

Posted in Business |

Cheaper drugs, better health services for poor (Second Lead)


March 16th, 2012 - 7:52 pm ICT by IANS
New Delhi, March 16 (IANS) India's health allocation has been hiked by 14 percent in the budget for 2012-13 to Rs.30,702 crore (Rs.307 billion/$6.1 billion) for the sector with special ... Read more...

Posted in Business |

Union budget reflects policy paralysis, is anti people: Jayalaltihaa


March 16th, 2012 - 7:14 pm ICT by IANS
Chennai, March 16 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Friday criticised the union budget 2012-13 as anti-people and demonstrating "the continued policy paralysis gripping the central government".Reacting to ... Read more...

Posted in Politics |

Budget boost for women, child development programmes


March 16th, 2012 - 7:06 pm ICT by IANS
New Delhi, March 16 (IANS) India Friday sought to secure the welfare of its women and children by proposing a 45 percent hike in the annual budget for the ... Read more...

Posted in Business |

Mukherjee puts money in one pocket, takes out from others (Roundup)


March 16th, 2012 - 4:54 pm ICT by IANS
New Delhi, March 16 (IANS) Every tax payer in India is set to gain at least Rs.2,000 per annum, thanks to the relief proposed by Finance Minister Pranab Mukherjee. ... Read more...

Posted in Business |

Budget highlights 8


March 16th, 2012 - 4:12 pm ICT by IANS
* Cinema industry exempted from service tax.* Service tax rate raised from 10 percent to 12 percent to bring in Rs.18,660 crore.* Excise duty raised from 10 to 12 percent.* ... Read more...

Posted in Business |

Prominent highlights of 2012-13 budget


March 16th, 2012 - 4:11 pm ICT by IANS
New Delhi, March 16 (IANS) Prominent highlights of the budget for 2012-13 presented by Finance Minister Pranab Mukherjee in the Lok Sabha Friday:* Income tax exemption limit raised to ... Read more...

Posted in Business |

Budget allows airlines to access foreign funds, cuts customs duty on parts (Lead)


March 16th, 2012 - 4:11 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Growth should be given priority in budget: CII


January 22nd, 2012 - 12:45 pm ICT by IANS
New Delhi, Jan 22 (IANS) Finance Minister Pranab Mukherjee should give priority to measures that would boost growth and help curb fiscal deficit in the union budget for 2012-13, ... Read more...

Posted in Business |

Delhi woman held in Bangalore for smuggling computer chips


January 6th, 2012 - 7:09 pm ICT by IANS
Bangalore, Jan 6 (IANS) Customs sleuths arrested a Delhi-based woman for attempting to smuggle in about 31,500 computer chips (memory cards) valued at Rs.63 lakh into the country from Hong ... Read more...

Posted in Uncategorized |

Trade with Bangladesh resumes after Indian traders end stir


December 24th, 2011 - 6:45 pm ICT by IANS
Agartala, Dec 24 (IANS) Trade between India and Bangladesh resumed Saturday after the end of a week-long shut down, called by Indian exporters and importers demanding upgradation of infrastructure ... Read more...

Posted in Uncategorized |

Traders’ stir in Tripura continues to hit Indo-Bangla trade


December 23rd, 2011 - 5:00 pm ICT by IANS
Agartala, Dec 23 (IANS) An indefinite strike Indian exporters and importers have called to press their demand for upgrade of infrastructure along the India-Bangladesh border severely hit trade for ... Read more...

Posted in Business |

Traders strike in India hits Indo-Bangla trade


December 19th, 2011 - 7:21 pm ICT by IANS
Agartala, Dec 19 (IANS) The indefinite shutdown called by Indian exporters and importers demanding development of infrastructure along the India-Bangladesh border badly hit trade for the second day Monday, officials ... Read more...

Posted in Business |

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