Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but smokers......
Record sugar output has also yielded molasses production way beyond market demand and plant capacity of state distilleries and country made liquor units The sugar mills in Uttar Pradesh, which are......
Budget provisions The following announcements have been proposed in the Union budget 2014-15 Inverted duty structure address by reducing customs duties on raw materials Basic Customs Duty on......
Chemicals: Budget 2013-14 Analysis Budget provisions The following announcements have been proposed in the Union budget 2013-14 No change in the peak rate of basic customs duty of 10% for......
Hike import duty on finished products; Rationalize excise Duty on Molasses to 8% ad valorem or Rs. 375/PMT and on Naphtha to 8%, cut corporate tax to 25%, service tax to 5%. Current status Chemical......