News for 'Customs Duty'

IndiGo 'profusely apologetic', DGCA to take action

IndiGo 'profusely apologetic', DGCA to take action

Rediff.com9 Dec 2025

Aviation safety regulator Directorate General of Civil Aviation (DGCA) on Monday said it has received IndiGo's response to the show cause notice issued over the large-scale flight cancellations and will take enforcement action.

SC refuses urgent hearing on IndiGo crisis, says govt has taken steps

SC refuses urgent hearing on IndiGo crisis, says govt has taken steps

Rediff.com8 Dec 2025

The Supreme Court declined to expedite a hearing regarding the widespread IndiGo flight cancellations, acknowledging the government's intervention in the matter.

Lower Costs Ahead for Electric Truck Buyers

Lower Costs Ahead for Electric Truck Buyers

Rediff.com19 Nov 2025

Blue Energy Motors, a Mumbai-based outfit, is set to disrupt the market for two million heavy-duty trucks running on diesel and petrol in the case of routes under 500 km by transforming them into electric.

DGCA steps up IndiGo scrutiny as CEO Pieter Elbers faces probe panel

DGCA steps up IndiGo scrutiny as CEO Pieter Elbers faces probe panel

Rediff.com11 Dec 2025

IndiGo has seen its pilots' strength depleting by 378 pilots in the last nine months despite its chief operating officer and Accountable Manager, Isidro Porqueras stating to the DGCA in a letter last December that "the overall impact of implementing the proposed changes above (now-implemented FDTL) norms would amount to an approximate 3 per cent increase in crewing requirements.

Refineries: No reduction in custom duty

Refineries: No reduction in custom duty

Rediff.com1 Mar 2011

Despite deregulation of petrol prices and a hike in retail prices of other regulated fuels in June 2010, oil marketing companies continue to incur.

IndiGo cancels over 100 flights, scores delayed; DGCA launches probe

IndiGo cancels over 100 flights, scores delayed; DGCA launches probe

Rediff.com3 Dec 2025

Indigo airlines cancelled 13 flights from Hyderabad airport, causing chaos and frustration among passengers. The cancellations were attributed to technology and operational issues.

'Hike customs duty on HR coils'

'Hike customs duty on HR coils'

Rediff.com7 Mar 2012

The economy is in desperate need of a policy boost from the Indian Government for its revival. Infrastructure will be the focus area in this year's upcoming budget.

Paints: Cut customs duty

Paints: Cut customs duty

Rediff.com14 Mar 2012

Decorative paints constitute over 75% of the overall paint market in India.

DGCA Moves In As IndiGo Turbulence Continues

DGCA Moves In As IndiGo Turbulence Continues

Rediff.com11 Dec 2025

The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.

Second wave of dematerialisation takes off in unlisted companies

Second wave of dematerialisation takes off in unlisted companies

Rediff.com26 Dec 2025

In the mid-1990s, when the shares of listed companies first began to be held in electronic form, they accounted for less than 1 per cent of the stocks bought and sold on the stock exchanges. This climbed to 99.5 per cent by 2001.

IndiGo Board Unsure If CEO Must Go

IndiGo Board Unsure If CEO Must Go

Rediff.com9 Dec 2025

'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'

India to emerge as largest scotch market

India to emerge as largest scotch market

Rediff.com10 Nov 2025

India is poised to become the largest global scotch whisky market in value and volume terms over the next few years, fuelled by competitive intensity, premiumisation and economic growth, Scotch Whisky Association chief executive Mark Kent CMG has said.

Over 800 IndiGo flights cancelled on day 5 as cancellation chaos persists

Over 800 IndiGo flights cancelled on day 5 as cancellation chaos persists

Rediff.com6 Dec 2025

DGCA provided temporary relief to IndiGo, which is partially owned by Rahul Bhatia, by rolling back the night duty definition to 12 am-5 am from 12 am-6 am earlier, and allowing its pilots to do six night-landings from two earlier, besides other relaxations.

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

Rediff.com6 Dec 2025

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'

IndiGo Crisis: What Was Its Board Doing?

IndiGo Crisis: What Was Its Board Doing?

Rediff.com13 Dec 2025

Where was the Board when a predictable regulatory change brought the country's largest airline to its knees? asks Dr Sudhir Bisht.

Sebi Overhauls MF Framework, Stockbroking Rules

Sebi Overhauls MF Framework, Stockbroking Rules

Rediff.com18 Dec 2025

The Securities and Exchange Board of India (Sebi) on Wednesday overhauled the cost framework for the 80 trillion domestic mutual fund (MF) industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers.

Govt orders 10% cut in IndiGo flights; airline says....

Govt orders 10% cut in IndiGo flights; airline says....

Rediff.com9 Dec 2025

The flights have been cut across sectors, particularly on high-demand, high-frequency routes, according to a DGCA statement.

IndiGo cancelled 650 flights on Sunday, operated 1,650

IndiGo cancelled 650 flights on Sunday, operated 1,650

Rediff.com7 Dec 2025

IndiGo is operating 1,650 flights of its 2,300 daily domestic and international flights on Sunday, and 650 remain cancelled for the day, amid the airline's operations gradually stabilising after massive disruptions in the last five days, the airline said.

Swiss Count On Federer To Escape US Tariff Bombshell!

Swiss Count On Federer To Escape US Tariff Bombshell!

Rediff.com12 Aug 2025

The Swiss government would not object to tennis legend Roger Federer or FIFA President Gianni Infantino intervening to reduce the country's tariff burden after the US slapped a 39 percent import duty on its goods, President Karin Keller-Sutter said.

'India, US Close To Framework Deal'

'India, US Close To Framework Deal'

Rediff.com16 Dec 2025

'...but I would not like to put a timeline to it'

US tariffs: Exporters must be ready to prove origin of goods to Customs

US tariffs: Exporters must be ready to prove origin of goods to Customs

Rediff.com15 Apr 2025

President Donald Trump of the United States has imposed 'reciprocal tariffs' on imports from various countries. With this abandonment of the policy to impose the same tariffs on imports from most countries, nearly all governments, businesses, and economists are busy examining the short- and medium-term implications of this change.

Budget 2025: What is costlier, what is cheaper

Budget 2025: What is costlier, what is cheaper

Rediff.com2 Feb 2025

Here is a list of items set to become cheaper and costlier.

TN: HC tells petitioner to light hill lamp with CISF protection

TN: HC tells petitioner to light hill lamp with CISF protection

Rediff.com4 Dec 2025

Despite an earlier direction by the Bench, the lamp was not lit on an ancient stone pillar near a Dargah on the Thirupparankudram hill here on Karthigai Deepam this evening, triggering protests by the Hindu Munnani activists and a section of devotees.

Vijay praises BJP-partnered Puducherry government

Vijay praises BJP-partnered Puducherry government

Rediff.com9 Dec 2025

Actor-politician Vijay held his first public meeting in Puducherry, criticising the central government for neglecting the union territory's demand for statehood and praising the local government's impartiality. He also targeted the DMK government in Tamil Nadu, suggesting they could learn from Puducherry.

GST 2.0 bolstered momentum, economy on stable footing

GST 2.0 bolstered momentum, economy on stable footing

Rediff.com28 Nov 2025

The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.

India maintains high import duty on American goods: US report

India maintains high import duty on American goods: US report

Rediff.com1 Apr 2025

India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.

Glass: Abolish customs duty on soda ash

Glass: Abolish customs duty on soda ash

Rediff.com8 Feb 2010

Continue the lower excise duty on various commodities, as similar to FY 09-10, says the glass industry.

Alkali: Cut customs duty on capital goods

Alkali: Cut customs duty on capital goods

Rediff.com29 Jun 2009

To reduce the cost of captive power generation, seeks removal of import duty on all capital goods used for small and medium power projects.

Top Government Exams In 2026

Top Government Exams In 2026

Rediff.com8 Dec 2025

rediffGURU Nayagam PP, founder of EduJob360, breaks down the top government competitive exams aspirants can target in 2026, along with their eligibility criteria, important dates, syllabus essentials and preparation strategies.

What are India's free trade agreements?

What are India's free trade agreements?

Rediff.com6 May 2025

India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. The other regions and countries with which India has signed such agreements include the four-nation European bloc EFTA, Japan, Korea and Australia.

India, UK to sign free trade agreement on Thursday in London

India, UK to sign free trade agreement on Thursday in London

Rediff.com23 Jul 2025

India and the UK will sign a free trade agreement on Thursday in London that will allow export of labour-intensive products such as leather, footwear and clothing at concessional rates, while making imports of whisky and cars from Britain cheaper. The pact also helps double trade between the two economies to $120 billion by 2030.

'Retain customs duty on dyestuffs at current levels'

'Retain customs duty on dyestuffs at current levels'

Rediff.com7 Mar 2012

Industry expects that the import duties on dyestuff should be at least retained to the present level to enable them to compete with the imported products.

NCLT defers Vedanta demerger hearing to Sep 17

NCLT defers Vedanta demerger hearing to Sep 17

Rediff.com20 Aug 2025

The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta Ltd's proposed demerger to September 17, as market regulator Sebi is yet to complete the scrutiny of the proposal, while the central government has raised certain objections. The matter, which was part-heard earlier, had been adjourned to August 20.

Volkswagen moves HC over $1.4 bn tax notice

Volkswagen moves HC over $1.4 bn tax notice

Rediff.com3 Feb 2025

Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about USD 1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units.

Selling Land Is Not a Service, Rules Supreme Court

Selling Land Is Not a Service, Rules Supreme Court

Rediff.com12 Nov 2025

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.

The dark side of duty cut on smartphone parts

The dark side of duty cut on smartphone parts

Rediff.com7 Jan 2025

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.

When gold slips from crown to a likely millstone for Titan Company

When gold slips from crown to a likely millstone for Titan Company

Rediff.com18 Aug 2025

The country's largest listed gold jewellery maker, Titan Company, maintained its growth pace in the April-June quarter of 2025-26 (FY26).

How India, UK will benefit from the free trade deal

How India, UK will benefit from the free trade deal

Rediff.com24 Jul 2025

India on Thursday signed a free trade agreement, officially dubbed as the Comprehensive Economic and Trade Agreement (CETA), with the UK - its 16th trade pact so far - as the country aims to boost bilateral trade and investments.

Tesla to enter India next week with first centre at Mumbai's BKC

Tesla to enter India next week with first centre at Mumbai's BKC

Rediff.com11 Jul 2025

Tesla is set to officially enter the Indian market with the launch of its first experience center in Mumbai. The move follows leasing of warehousing space and discussions with the Indian government regarding tariffs and manufacturing.

High on confidence, Akash Deep keyed on for India duty

High on confidence, Akash Deep keyed on for India duty

Rediff.com13 Aug 2025

'...when they feel that they need me for any format, they would summon. My job is to perform and be ready for call ups.'