India–US first tranche trade deal eyed by mid-March; tariffs may drop next week, says Goyal
India aims to sign the formal pact for the first tranche of its Bilateral Trade Agreement (BTA) with the United…
Category: customs in media
Why Trump administration is still imposing 18% tariff on India – Explained
US trade representative Jamieson Greer on Tuesday outlined the Trump administration’s rationale for imposing an 18% tariff on India goods, citing Washington’s large trade deficit with New Delhi.
India-US trade deal announced by US President Donald Trump; tariff slashed to 18%, claims India will stop buying Russian oil
India-US trade deal announced: US President Donald Trump on Monday announced that India and the US have finalised a trade deal. Ahead of the announcement, Trump spoke to PM Modi.
PM’s intervention to save tariff-hit textile sector
The leader of the Opposition in the Lok Sabha, Rahul Gandhi , on Friday flagged what he called a “deepening crisis” in India’s textile sector due to the high U.S. tariffs and urged Prime Minister Narendra Modi to intervene, saying the issue was threatening jobs and small businesses.
Putting postal exports on par: India’s quiet but powerful trade reform
For decades, India’s export incentive framework has been designed around ports, airports and courier terminals, inadvertently overlooking millions of small exporters who rely on the vast postal network network to access global markets.
India overhauls customs duty rules to help exporters and smaller businesses
The Indian government today notified a major change in customs rules to help smaller businesses and exporters find it easier to claim duty benefits.
Trump slaps 10% tariffs on Denmark, France, others from Feb 1 over Greenland issue
Turning his threat into action and reality, US President Donald Trump on Saturday announced sweeping tariffs on several European countries, including Denmark, escalating tensions over Greenland and framing the move as a matter of global security.
Amnesty scheme for Customs pending cases
Mr. Rajat Chhabra & Ms. Vishakha Kamboj penned an article in TIOL suggesting that the Government is considering the introduction of an amnesty scheme in the forthcoming Union Budget 2026-27 is the need of hour.
Customs duty collections down 7 per cent in Apr–Nov 2025
The spotlight is currently on the decline in income tax collections and falling direct tax revenue. But indirect tax collections of the Centre are also under duress in FY26.
Fake Customs officials cheat public at Bengaluru airport, authorities issue high alert
The Customs department at the Kempegowda International Airport on Friday issued a high alert for the public after detecting a fraud racket in which impostors posing as Customs officials are cheating people and extorting money from them.