TOPIC

Customs

Government and Policy

Centre raises customs duty on gold from 6% to 15%, PM Modi had earlier urged Indians not to purchase gold for a year: Details

OpIndia Staff -
 “The policy measure aimed at safeguarding macroeconomic stability, conserving foreign exchange, and moderating non-essential imports during a period of heightened global uncertainty arising from the ongoing West Asia crisis,” Hindustan Times quoted a government official privy to the development.
Economy and Finance

Finance Ministry orders detailed inquiry after trading company stopped imports and exports alleging harassment by Customs officials in Chennai

OpIndia Staff -
Union Finance Ministry has ordered an inquiry into allegations of harassment by customs officials made by Wintrac Inc. Responding the company’s statement announcing that...
News Reports

Impact of US tariffs will be felt on India, Commerce Minister Piyush Goyal visiting USA for talks with Trump admin: Finance Minister Nirmala Sitharaman

ANI -
Nirmala Sitharaman stated that the tariffs are likely to increase with the decision of the US President
News Reports

Hawala racket busted: Customs department seizes Rs 3.5 crores between pages of books from three students at Pune airport

OpIndia Staff -
Rs 3.5 crores cash were seized by the Customs department at the Pune airport from three students travelling from Dubai.
News Reports

Budget 2025-26: Here’s what will get cheaper and what will get costlier due to changes in basic customs duties

ANI -
For the layperson, the highlight of the Union Budget has always remained on what all have become cheaper and which of them has got costlier to buy.
News Reports

Modi govt planning to slash import duty of electric vehicles to 15% from 100% after Tesla proposal committing manufacturing in India, says report

OpIndia Staff -
A Reuters report says that Indian govt will cut import duty of electric cars to 15% if the companies commit to manufacturing in India
News Reports

Kolkata customs department recovers $40,000 concealed in gutkha pouches from a passenger going to Bangkok

OpIndia Staff -
Kolkata customs department has recovered 40,000 US dollars worth over Rs 32 lakh concealed in gutkha pouches
News Reports

Kerala’s Zeenat Banu hides gold in sanitary pad, Md Iqbal wraps gold in condom and puts in his rectum: Both arrested at Mangaluru airport

OpIndia Staff -
Zeenat concealed gold worth Rs 86.89 lakhs in a sanitary pad inside her underwear whereas Iqbal concealed it inside his rectum as four balls wrapped in celluloid based tape and condom, as per reports.
Media

Hindustan Times’ Mint wants brands to cancel YouTuber Gaurav Taneja for ‘politically motivated’ posts

OpIndia Staff -
unapologetic display of Hindu way of life by Gaurav Taneja seems to have not gone well with 'liberal-secular' media.
Crime

Operation Desert Storm: Customs and DRI joint team seizes 23kg gold from Kerala airport, 23 arrested

OpIndia Staff -
The joint team seized nearly 23 kgs of smuggled gold and arrested 23 smugglers, making it the largest single-day haul of yellow metal in recent times in the country.
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