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New electric vehicle scheme links lower import duty with FDI | Expert Views

Business Standard

[ad_1] The government has notified the scheme to promote manufacturing of electrically operated passenger vehicles (EVs) in India and issued two notifications 19/2024-Customs and 20/2024-Customs both dated March 15, 2024, exempting the social welfare surcharge and reducing the basic customs duty (BCD) to 15 per cent on imports of EVs falling under the heading … Read more

WTO meet: India to seek permanent solution to food security issues | Agriculture

Business Standard

[ad_1] World Trade Organisation (Photo: Reuters) India will strongly oppose a China-led proposal for an investment facilitation pact besides pressing for finding a permanent solution to public stock holding of grains for food security and protection of the interests of fishermen at the WTO ministerial meeting beginning Tuesday. The Indian delegation is led … Read more