In a major relief for patients battling cancer, chronic or other severe diseases, Union Finance Minister Nirmala Sitharaman on Saturday announced that 36 lifesaving drugs and medicines will now be fully exempted from basic customs duty.
India has raised the total import duty on platinum to 15.4 per cent from 10.75 per cent, the government said in a notification on Monday, seeking to bring parity in the import duty structure between gold and platinum.
Speaking about the other initiatives in Kolkata, the chief commissioner stated that 50,000 claims have been settled and Rs. 400 crore have been released to MSMEs as pending refunds.
Industry lobby Assocham on Wednesday urged the Central government to re-impose 10 per cent customs duty on import of paper…
