Tag: custom duties

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FM proposes to exempt 25 critical minerals from custom duties

Key TakeawaysThe Finance Minister proposes to exempt customs duties on 25 critical minerals, including lithium, copper, cobalt, and rare earth elements.The Budget reduces customs...

How each rupee earned and spent by Govt

Key TakeawaysThe government earns 27 paise of each rupee from borrowings and other liabilities.Income tax contributes 19 paise of each rupee earned, up from...