Tag: India EU trade deal

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Posted in Economy

Budget 2026 should address VDA tax losses as crypto gains taxed at 30%: SAM Partner

In the upcoming Union Budget, investors in virtual digital assets (VDA) are seeking relief on the taxation framework, particularly the ability to claim losses, even…

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Posted in Economy

EU trade deal gives PM Modi’s ‘Make in India’ ambitions a boost

India’s trade deal with the European Union gives businesses in the South Asian nation a reprieve from punishing US tariffs, keeping alive Prime Minister Narendra…

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The Mercedes-Benz logo is pictured on the hood of a car. (Unsplash)
Posted in Business

India to slash import duty on luxury cars to 30% immediately, in boost for Mercedes, BMW| Business News

New Delhi will immediately cut import duty on luxury cars to 30% from as high as 110% under the India-EU FTA, an official said, opening…

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The deal, which both Prime Minister Narendra Modi and European Commission President Ursula von der Leyen have hailed, is expected to double EU exports of goods to India by 2032 (DPR PMO)
Posted in Business

India, EU trade pact set to give rural economy a boost| Business News

NEW DELHI: The landmark free trade deal reached by India and EU is expected to boost shipments of key agricultural produce, especially seafood, from India, while still…

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India-EU FTA
Posted in Economy

EU tells India ‘Hum Saath Saath Hain’: FTA cuts tariffs on 99% of exports, while imported chocolates and baked goods get cheaper at home

India and the European Union (EU) on Tuesday announced a mega free trade deal, agreeing to slash tariffs on over 99% of Indian exports, including…

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A woman working at a textile unit in India (HT_PRINT)
Posted in Business

India-EU FTA removes import duty on textile, leather in relief from 50% US tariffs| Business News

The India-EU trade deal has eliminated tariff on Indian textile and leather exports to the European Union, in what is seen as significant relief to…

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Prime Minister Narendra Modi with European Council President António Luís Santos da Costa and European Commission President Ursula von der Leyen, at Hyderabad House in New Delhi on Tuesday. (DPR PMO)
Posted in Business

India, EU seal ‘mother of all trade deals’ to benefit two billion people| Business News

India and the European Union have agreed on a free trade agreement, capping nearly two decades of negotiations at a time of strained ties with…

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Cars made in Europe will no longer face higher, sectoral duties. (Bloomberg)
Posted in Business

Import duty on cars cut to 10% from 110%, with riders| Business News

India and the European Union (EU) have signed a free trade agreement that will gradually reduce the import duty on cars to 10% with an…

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Posted in Economy

India-EU FTA highlights: ‘Mother-of-all deals’ eliminates aircraft tariffs, cuts duties on alcohol, food & chemicals

India and the European Union have successfully concluded the Free Trade Agreement after an eighteen-year hiatus, where the two countries have agreed on wide-ranging tariff…

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The Volkswagen Golf GTI, which recently went on sales in India as an import. (Handout)
Posted in Business

VW to BMW brace for tough India market even after India-EU trade deal| Business News

European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an India-EU trade deal that sharply drops import…

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