Centre reduces customs duty on crude, refined edible oils

Sep 23, 2026

The Central Government has reduced the basic customs duty (BCD) on various edible oils, including soybean oil, palm oil and sunflower oil, with the...

Union Budget 2025: FM Sitharaman announces expansion of list of lifesaving drugs, medicines

Feb 01, 2025

In a significant move to provide relief to patients battling severe chronic ailments, Finance Minister Nirmala Sitharaman has announced the expansion of the list...

Duty reduction on crude edible oils beneficial for both refiners, consumers: CareEdge

Jun 22, 2025

On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm...

Budget provisions will boost technical textile market which stands at USD 29 bn: Rubix Report

Feb 10, 2025

The technical textiles market in India, worth USD 29 billion in 2023-24, is set for significant expansion, fuelled by Budget 2025's increase in Basic...

Budget 2025: Here's what all will get cheaper and costlier as FM rejigs basic customs duties

Feb 01, 2025

Finance Minister Nirmala Sitharaman as part of her Budget presentation proposed a host of tweaks in basic customs duty (BCD) for various products or...

Centre reduces basic custom duty on major imported crude edible oils from 20% to 10%

Jun 11, 2025

The central government on Wednesday reduced Basic Custom duty (BCD) on major imported crude edible oils from 20 per cent to 10 per cent.