The Finance Minister announced exemptions from basic customs duty (BCD) for 36 life-saving drugs, 35 additional capital goods for EV manufacturing, and wet blue leather. BCD on flat panel displays will increase from 10% to 20%, while duty on fish paste will be reduced from 30% to 5%.
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Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.
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