News for 'Levy'

Jaishankar, Rubio discuss issues of 'current concern'

Jaishankar, Rubio discuss issues of 'current concern'

Rediff.com22 Sep 2025

External Affairs Minister S Jaishankar on Monday met United States Secretary of State Marco Rubio for bilateral discussions, as the high-level 80th session of the United Nations General Assembly (UNGA) kicks in.

Sardar Patel, The Man Who United India

Sardar Patel, The Man Who United India

Rediff.com31 Oct 2025

The rising tide of Indian nationalism meant that the people of princely states now were keen to become a part of a united and integrated India rather than remain subjects of a princely state. The Congress too supported the people's wish and it fell upon Patel to get the princes to agree. He did so magnificently, using every trick available, whether it was sweet talk or coercion; the rulers buckled and Patel earned the eternal gratitude of the entire nation.

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.

Uncertainties over US tariffs might affect capex decisions

Uncertainties over US tariffs might affect capex decisions

Rediff.com27 Aug 2025

Ratings firm Crisil said on Wednesday that the uncertainties surrounding the US tariffs might be a new hindrance to capital expenditure decisions in the current financial year. The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent.

Ajit Pawar's son faces probe over Rs 300 cr Pune land deal

Ajit Pawar's son faces probe over Rs 300 cr Pune land deal

Rediff.com6 Nov 2025

Maharashtra Revenue Minister assures investigation into an alleged land deal involving a company linked to Deputy Chief Minister Ajit Pawar's son, Parth Pawar, after receiving a formal complaint.

Missed Sept 16? You Can Still File Tax Returns

Missed Sept 16? You Can Still File Tax Returns

Rediff.com18 Sep 2025

The income tax department will allow people to file 'belated return' until December 31.

'I Won't Wait For Decades To Get Reform Done'

'I Won't Wait For Decades To Get Reform Done'

Rediff.com19 Sep 2025

'That is going to have an impact on literally every one, whether you buy a toothpaste, a safety pin, a car, shoes or medicines or you go to a diagnostic centre.'

As buyers await price cut in GST rejig, automakers report dip in dispatches

As buyers await price cut in GST rejig, automakers report dip in dispatches

Rediff.com1 Sep 2025

Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to dealers in August amid dip in demand with many prospective buyers postponing their buys anticipating a reduction in vehicle prices on account of the new GST framework. The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month.

China, India fuel Ukraine war via Russian oil buy: Trump at UNGA

China, India fuel Ukraine war via Russian oil buy: Trump at UNGA

Rediff.com23 Sep 2025

US President Donald Trump accused China and India of being the "primary funders" of the Ukraine war by continuing to purchase Russian oil during his address to the UN General Assembly. He also criticized NATO countries for not cutting off Russian energy.

28% tax to be levied on turnover of online gaming firms

28% tax to be levied on turnover of online gaming firms

Rediff.com11 Jul 2023

The panel, headed by the Union finance minister and comprising of representatives of all states and UTs, decided on tax rate based on recommendation of a group of ministers that looked at taxing casinos, horse racing and online gaming.

Modi hails Trump's Gaza peace plan efforts amid strained ties

Modi hails Trump's Gaza peace plan efforts amid strained ties

Rediff.com10 Oct 2025

Prime Minister Narendra Modi congratulated US President Donald Trump on the success of the first phase of a US-brokered peace plan for Gaza and reviewed trade negotiations during a phone conversation.

Your purchases have resulted in...: US senator targets India on Russian oil

Your purchases have resulted in...: US senator targets India on Russian oil

Rediff.com29 Aug 2025

The US has imposed the additional 25 per cent tariff on Indian goods for its purchases of Russian oil came into effect, bringing the total amount of levies imposed on New Delhi to 50 per cent.

India, US Push To Futureproof Trade Ties

India, US Push To Futureproof Trade Ties

Rediff.com29 Jul 2025

India is seeking either an exemption or a longer timeline on the pharmaceutical tariffs, expected to kick in by July 31.

Govt Targets 100 Products For Aatmanirbhar Push

Govt Targets 100 Products For Aatmanirbhar Push

Rediff.com16 Sep 2025

'Our endeavour will be that we identify these products, put them in the public domain so that the manufacturers can look at them and give a boost to Make in India.'

India rejects Trump advisor's 'laundromat for Kremlin' remarks

India rejects Trump advisor's 'laundromat for Kremlin' remarks

Rediff.com5 Sep 2025

India has rejected White House Trade advisor Peter Navarro's comments on New Delhi for its procurement of Russian crude oil, calling them 'inaccurate and misleading'. The relations between New Delhi and Washington are on a downturn after President Donald Trump doubled tariffs on Indian goods.

No motor vehicle tax if not used in public place, rules SC

No motor vehicle tax if not used in public place, rules SC

Rediff.com31 Aug 2025

The Supreme Court has ruled that motor vehicle tax is not applicable if a vehicle is not used or kept for use in a 'public place'. The ruling came on an appeal challenging a judgement of the Andhra Pradesh High Court.

Jaishankar, Rubio to meet in US amid tariff, H-1B visa concerns

Jaishankar, Rubio to meet in US amid tariff, H-1B visa concerns

Rediff.com22 Sep 2025

This will be the first face-to-face meeting between Rubio and Jaishankar following President Donald Trump's imposition of an additional 25 per cent tariff on India for Delhi's purchases of Russian oil, taking the total levies imposed on India by the Trump White House to 50 per cent.

US tariffs: Only Sun Pharma exposed to some headline risk

US tariffs: Only Sun Pharma exposed to some headline risk

Rediff.com28 Sep 2025

The imposition of a 100 per cent tariff by the US on imports of branded and patented pharmaceutical products starting October 1 may not significantly hurt Indian drug makers, with Sun Pharma being exposed to some headline risk but with limited earnings impact, according to analysts. Among Indian companies, only Sun Pharma has sizeable sales from patented drugs in the US (about 17 per cent of 2024-25 revenue), HSBC Global Investment Research said in a report.

Trump Tariffs Dim Diamond City's Diwali Sparkle

Trump Tariffs Dim Diamond City's Diwali Sparkle

Rediff.com18 Oct 2025

For both polishing unit operators and diamond merchants, the US is still the biggest export destination: Three in every 10 diamonds polished in India end up in American stores.

Trump weighs fresh sanctions on India over Russian oil, says Rubio

Trump weighs fresh sanctions on India over Russian oil, says Rubio

Rediff.com23 Sep 2025

US Secretary of State Marco Rubio has said that the Trump administration hopes it can fix the "measures" it has taken with regard to India for its purchases of Russian oil.

GST 2.0: Renault to cut vehicle prices by up to Rs 96,395 from Sep 22

GST 2.0: Renault to cut vehicle prices by up to Rs 96,395 from Sep 22

Rediff.com6 Sep 2025

Renault India on Saturday said it will reduce prices of its vehicles by up to Rs 96,395 to pass on full benefit of the recent GST rate cut to buyers. The GST Council, earlier this week, approved limiting slabs to 5 per cent and 18 per cent, effective from September 22.

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

Rediff.com6 Sep 2025

Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh.

Modi won't bow down to foreign pressure: Putin on US tariffs

Modi won't bow down to foreign pressure: Putin on US tariffs

Rediff.com3 Oct 2025

Russian President Vladimir Putin announced his upcoming visit to India in December and expressed his intention to address the trade imbalance between the two countries, particularly concerning India's crude oil imports from Russia. He also lauded India's independent stance on international issues and highlighted the strong relationship between the two nations.

'India's got big problems': Trump warns of 'phase-2, phase-3'

'India's got big problems': Trump warns of 'phase-2, phase-3'

Rediff.com4 Sep 2025

When asked about Putin and North Korean leader Kim Jong Un with Chinese President Xi Jinping at China's military parade and whether he is considering slapping secondary sanctions on Moscow, Trump said, "Well, I've already done that with regard to India, and we're doing it with regard to other things."

No toll collection if highway badly maintained: HC

No toll collection if highway badly maintained: HC

Rediff.com6 Aug 2025

The Kerala High Court has suspended toll collection on the Edappally-Mannuthy stretch of NH 544, citing the failure of the NHAI to provide safe and unhindered access to the highway due to ongoing construction and poor maintenance.

Mexico, US set up CONCACAF Gold Cup final showdown

Mexico, US set up CONCACAF Gold Cup final showdown

Rediff.com3 Jul 2025

Mexico will face the United States in the CONCACAF Gold Cup final after a second-half strike by Raul Jimenez earned the defending champions a 1-0 win over Honduras at Levi's Stadium in Santa Clara, California, on Wednesday.

Sensex tanks 706 points as US tariffs dent sentiment

Sensex tanks 706 points as US tariffs dent sentiment

Rediff.com28 Aug 2025

From the Sensex firms, HCL Tech, Infosys, Power Grid, Tata Consultancy Services, HDFC Bank, Hindustan Unilever, Bharti Airtel and ICICI Bank were among the major laggards. However, Titan, Larsen & Toubro, Maruti and Axis Bank were among the gainers.

India-US BTA: 'Both Sides Very Close To A Deal'

India-US BTA: 'Both Sides Very Close To A Deal'

Rediff.com22 Sep 2025

'When negotiators meet next, they may like to bring new issues to the table.'

New Visa Rules: Tough Times Ahead For UK-Bound Indian Grads

New Visa Rules: Tough Times Ahead For UK-Bound Indian Grads

Rediff.com15 Oct 2025

Indian graduates face tougher English tests, shorter post-study stays, higher costs and stricter settlement rules as Britain rolls out sweeping immigration reforms.

How US toughened trade terms with India

How US toughened trade terms with India

Rediff.com7 Aug 2025

From labelling India the 'Tariff King' to slapping sweeping import duties, US President Donald Trump has steadily hardened his trade stance on India. These announcements are being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).

GST 2.0: AC, TV dealers see spike in sales on Day-1

GST 2.0: AC, TV dealers see spike in sales on Day-1

Rediff.com22 Sep 2025

As lower GST rates take effect on Monday, sales of air-conditioners, TV sets surged dramatically with buyers rushing to grab cheaper deals offered by retailers at the beginning of the Navratra festival.

'Sovereignty in foundational industries is critical for countries'

'Sovereignty in foundational industries is critical for countries'

Rediff.com22 Oct 2025

'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'

GST 2.0 Needs Deeper Reforms

GST 2.0 Needs Deeper Reforms

Rediff.com22 Sep 2025

Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.

Shame to see Modi getting in bed with 2 authoritarians: US

Shame to see Modi getting in bed with 2 authoritarians: US

Rediff.com2 Sep 2025

Navarro's remarks came after the public display of bonhomie by the three leaders on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin on Monday.

US tariffs: Must stand up to bullying, says Maruti's Bhargava

US tariffs: Must stand up to bullying, says Maruti's Bhargava

Rediff.com28 Aug 2025

India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India chairman R C Bhargava said on Thursday. "It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this matter... the nation has to stand united," Bhargava said at the company's 44th Annaul General Meeting in New Delhi.

Sensex tumbles 849 points; slips below 81K

Sensex tumbles 849 points; slips below 81K

Rediff.com26 Aug 2025

Among Sensex shares, Sun Pharmaceutical, Tata Steel, Trent, Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, Reliance Industries, Axis Bank, Tech Mahindra, Adani Ports, Titan, BEL, and Larsen & Toubro were the major laggards. However, Hindustan Unilever, Maruti Suzuki India, ITC, Tata Consultancy Services and UltraTech Cement were the gainers.

'False and fabricated': India rejects reports on pausing US defence talks

'False and fabricated': India rejects reports on pausing US defence talks

Rediff.com9 Aug 2025

The Indian Defence Ministry has refuted media reports suggesting a pause in defence purchases from the US, clarifying that procurement processes are ongoing despite tariff tensions between the two countries.

Trump aide fact-checked over anti-India rant. He slams Musk

Trump aide fact-checked over anti-India rant. He slams Musk

Rediff.com7 Sep 2025

Calling the community note on X "crap", Navarro alleged that Elon Musk is allowing "propaganda" and reiterated his accusations of India purchasing Russian oil only to make profits.

'Ek baar aap GST dekh lo': PM's nudge ushered in biggest GST reform in 8 yrs

'Ek baar aap GST dekh lo': PM's nudge ushered in biggest GST reform in 8 yrs

Rediff.com7 Sep 2025

'Ek baar aap GST dekh lo!' - Prime Minister Narendra Modi's gentle nudge to Finance Minister Nirmala Sitharaman in December last year sparked the beginning of a mammoth exercise to overhaul the tangled goods and services tax regime. And the final outcome is a significantly simplified system with lower tax rates and easier compliance for businesses.

PIX: Eng footie stars soak up sun at Spanish F1 GP

PIX: Eng footie stars soak up sun at Spanish F1 GP

Rediff.com1 Jun 2025

The Thomas Tuchel-coached Three Lions were handed VIP tickets for the race that has McLaren's Oscar Pilastri on pole.