"Our neighbouring country thinks such terror attacks can weaken us, but their plans will not materialise," he said at a function to flag off a new semi-high speed train from Delhi to Varanasi.
In another step against smoking, the government has reduced by 50 per cent the duty free allowance of cigarettes to 100 sticks and 25 cigars in airports. The decision comes barely a day after Union Finance Minister Arun Jaitley proposed 'sin tax' and announced increase in excise duty on cigarettes in the range of 11 to 72 per cent.
The import tariff value -- base price at which customs duty is determined to prevent under-invoicing -- is revised on a fortnightly basis.
Customs and excise duty rates have been amended mainly to promote Make in India.
Government gets Rs 17.1 lakh crore in its kitty
The government on Wednesday hiked the import tariff value on gold and silver to $431 per 10 grams and $646 per kg, respectively, taking firm global cues.
Congress said ATF prices have been reduced by 31% while petrol only 16%.
Auto majors face dip in exports due to credit squeeze in Lanka, Nepal
'While collections under the Income Disclosure Scheme explain it partly, indirect tax numbers not showing any effect of the withdrawal of high denomination currency notes was puzzling.'
The government on Monday reduced import tariff value on gold to $388 per 10 grams and on silver to $540 per kg, following global price trends.
Retail inflation crossed the RBI's comfort level and rose to 5.21 per cent in December on increase in prices of food items.
India is the largest importer of gold after China.
Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront.
Domestic tyre demand is seen to grow by 7-9 per cent over the next five years.
A Pakistani company had sold eight Japanese Yamaha engines to one of the 2008 Mumbai attack facilitators who supplied them to terrorists.
'Hathras, Muradabad, Trichur, Salem, Madurai, Aligarh and Kanpur are cities where we are expecting and in some cases have seen new buyers come from.'
Silver followed suit and traded higher by Rs 200 at Rs 34,200/kg.
The government on Friday reduced the import tariff value on gold and silver to $420 per 10 grams and $645 per kg, respectively, taking cues from firm global prices.
Engine snag forces IndiGo to ground 7 new aircraft
'The change of vocabulary in the India-US conversation was significant and refreshing.' 'It matched the styles of Trump and Modi.' 'The differences were not papered over, but there was determination to resolve them in the days ahead,' says Ambassador T P Sreenivasan.
The success stems from Titan's betting hard on wedding jewellery over the last three years. It now contributes 20 per cent to revenue.
The four officials were asked questions related to the UPA government's '20:80' gold import scheme, which was cleared by Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
The government on Monday reduced the import tariff value of gold to $458 per 10 grams due to fall in its global prices.
Soft drinks are a part of the larger consumer non-durables category, which rose five per cent in June, against a 0.5 per cent fall a year earlier, showed official data released on Monday.
Lowering excise duty on petrol, diesel, and other fuels, branded fuels.
.jpg)
India's trade deficit widened to $20.1 billion in May because of high gold imports while exports declined by over a per cent, raising concerns about economic recovery.
The minister also exempted components from taxes to encourage domestic manufacturing of these devices.
The government was also working on a package to promote connectivity and airports in the North Eastern states
Earlier, the RBI had imposed similar restrictions on commercial banks and NBFCs.
The forthcoming Budget, the last full one before the 2019 Lok Sabha elections, is expected to contain a number of sops and feel-good announcements, especially regarding social sector schemes.
BSE proposes two models for making gold trading and investment transparent
Despite a rise in input costs, leading car-makers refrain from hiking their price.
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
The government on Tuesday cut the import tariff value on gold and silver to $396 per 10 gram and $575 per kg, taking into account weak global trends.
India's current account deficit, which is the excess of foreign exchange outflows over inflows, touched a historic high of 4.8 per cent of GDP in 2012-13, mainly due to rising imports of gold and petroleum products.
HP has been charged with underpaying customs duties while importing products and spare parts.
Modi is the first Indian premier to visit the Silicon Valley and meet its top CEOs
Under attack from the opposition over his luxurious watch, Karnataka Chief Minister Siddarmaiah on Thursday said he would declare it as a state asset and hand it over to the government.
Hindi film industry hopes to get some tax relief from the upcoming Budget 2015-16.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances