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Featured News
High contribution to global growth draws India to the centre stage: Nirmala Sitharaman
In this budget that the transfer pricing arrangements are being made simpler. Advance authorisation is being made simpler and offers certainty. Steps are being taken both for simplifying the process and ease of doing business. Customs laws are also being simplified. Compliances are being eased, and we now want to move to a completely mechanised scanning process for goods to remove individual discretion. Part B of my budget this time carries a number of such steps that give certainty on taxation for the next 20-25 years. These kinds of steps were never taken in India, says FM Nirmala Sitharaman.
No levy on US goods, but India's agri shielded: USTR
The Trade Representative said the US would continue to work on access to certain protected areas of India’s agriculture sector, but said tariffs “for a variety of things... tree nuts, wine, spirits, fruits, vegetables, etc, they're going down to zero.”
