Tuesday, February 4

Tag: imports

India proposes slashing EV import taxes to clinch UK free trade deal
8Nov By adminNo Comments
Business

India proposes slashing EV import taxes to clinch UK free trade deal

By Shruti Srivastava India is proposing reducing import taxes on some electric vehicles from the UK in an effort to clinch a free-trade deal between the two nations by the end of the year, according to two people familiar with the discussions. New Delhi is considering a concessional tariff of 30% on 2,500 electric vehicles imported annually from the UK priced above $80,000, the people said, asking not to be identified as the talks are private. India currently levies taxes between 70% and 100% on cars imported as completely built units, depending on their value. The UK’s demand for import concessions on electric vehicles is one of the few outstanding issues in the free trade talks. Prime Minister Rishi Sunak and his Indian counterpart Narendra Modi had hoped to ...
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Defer import licence rule by a year: Laptop companies
1Sep By adminNo Comments
Business

Defer import licence rule by a year: Laptop companies

NEW DELHI: Laptop and other hardware companies have petitioned the government to defer a licencing regime for imports, saying that the measure (comes into force post October 31 this year) may lead to disruptions in supply, and impact prices and availability of stocks."It is critical that we ensure an uninterrupted supply for at least a year, and till such time, we can build up domestic capacity," the Indian Cellular and Electronics Association (ICEA) said in a petition to IT secretary Alkesh Kumar Sharma. The petition comes at a time when the government has received a strong response to the production-linked incentive (PLI) scheme for IT hardware (laptops, tablets, servers etc.), where around 40 companies - domestic as well as global - have submitted their proposals for investment. These ...
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Govt defers implementation of laptop, PCs import restrictions to Nov 1
4Aug By adminNo Comments
Business

Govt defers implementation of laptop, PCs import restrictions to Nov 1

LG to launch 13th Gen Intel Core-powered Gram series laptops on June 14Dell XPS laptops with 13th Gen Intel Core processors launched: Details hereHonor to launch MagicBook X 14, MagicBook X 16 laptops in India on April 21Asus launches Zenbook S 13 OLED thin-&-lightweight laptop in India: DetailsHonor MagicBook X 14, X16 laptops available for purchase on Amazon IndiaNet collections under small savings schemes dip for first time in 11 yearsImprove CASA ratio, leverage account aggregator framework: FM to RRBs'Timeline for implementing import restriction on laptops may get extended'Parl panel recommends population-based cancer registries in rural areasGovt may give 1 month transition period for electronics import restrictions
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