India-UK FTA: Rs 4,060 crore hit in first year; customs revenue...

India-UK FTA: Rs 4,060 crore hit in first year; customs revenue loss to widen by 10th year

Posted

India's new free trade agreement with the UK could lead to a revenue loss of Rs 4,060 crore in the first year, as tariffs are lowered or eliminated on many British goods. This loss could rise to Rs 6,345 crore by the tenth year.

Read Full Article

Please log in to like, share and comment!

International

Lai Ching-te's trip to Latin America: Typhoon Danas or Chinese interference - Why did Taiwanese president cancel tour?

Taiwan's President Lai Ching-te postponed his Latin America trip, citing domestic concerns like...

By 0 1

National

Province Ministry to provide relief in drought-hit areas

JANAKPURDHAM: The Ministry of Energy, Irrigation, and Drinking Water of Madhes Province has...

By 0 3

National

J&K encounter: Security forces notice individuals trying to infiltrate into Indian side in Poonch; two fall down after being hit

By 0 10

Entertainment

Fantastic Four to close Week 1 with Rs 25 crore haul

Despite a promising start, 'The Fantastic Four: First Steps,' starring Pedro Pascal and Vanessa...

By 0 13

Entertainment

‘Mahavatar Narsimha’ BO Day 5: The film surpasses Rs 29 crores

Ashwin Kumar's animated film, Mahavatar Narsimha, is making waves at the box office, earning Rs...

By 0 13