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Video: Donald Trump Claims He "Heard India Will Drop Tariffs Substantially"
Little over twenty-four hours before he drops the reciprocal tariff bomb for the world, including his countrymen to deal with, Donald Trump has made a stunning claim - that he heard India will drop tariffs on US imports substantially.
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India Says "No Commitments" To Tariff Cuts After Trump's Tax Cut Claim
India says it has not committed to slashing import duties on US products, days after President Donald Trump announced that New Delhi had agreed to "cut their tariffs way down".
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US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
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US Woman In Bengaluru Suggests Taxing NRIs To Ease India's "Insane" Tax Burden, Sparks Debate
Ms Marie also addressed the issue of some Indians considering moving abroad solely to escape high taxes.
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What Are Reciprocal Tariffs And Who Might Be Affected?
Tariffs are taxes imposed on goods imported from another country. As for reciprocal tariffs -- during election campaigning, Donald Trump promised: "An eye for an eye, a tariff for a tariff, same exact amount."
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Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
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Donald Trump Fires "Tremendous Tariff-Maker" Warning At India, China
Donald Trump on Tuesday denounced India, China, and Brazil as "tremendous tariff-maker(s)" and said his government would not allow the three to do this, declaring, "... we're not going to let that happen... we're going to put America first".
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"If They Tax Us, We Tax Them": Trump Threatens India With Reciprocal Tariff
US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the "high tariff" imposed by New Delhi on import of certain American products.
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"India Biggest Tariff Charger", Will Reciprocate If Elected To Power: Trump
Vowing to introduce a reciprocal tax if elected to power, former US president Donald Trump on Thursday alleged that India, among all major countries, imposes the highest tariffs on foreign products.
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Home Ministry Probing Netflix for Alleged Visa Violations, Racial Discrimination
India is investigating the business practices of US streaming giant Netflix's local operations. The details of India's investigation were included in an email dated July 20, reviewed by Reuters, which was written by a home ministry official to Netflix's former director of business and legal affairs for India, Nandini Mehta, who left the compan...
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Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
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G20 Prioritises Discussions on Digital Tax Amid Looming Tariff Threats from US
The Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies.The stakes in the negotiations are high. A failure to reach agreement on final terms could prompt several countries to reinstate their taxes on U.S. tech giants and risk punitive duties on billions of dollars...
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Rupee Slips To Record Low After Government Raises Tax On Capital Gains
The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains.
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US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
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India, US Extend Digital Tax On E-Commerce Supplies Till June 30
India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday.
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Video: Donald Trump Claims He "Heard India Will Drop Tariffs Substantially"
Little over twenty-four hours before he drops the reciprocal tariff bomb for the world, including his countrymen to deal with, Donald Trump has made a stunning claim - that he heard India will drop tariffs on US imports substantially.
-
India Says "No Commitments" To Tariff Cuts After Trump's Tax Cut Claim
India says it has not committed to slashing import duties on US products, days after President Donald Trump announced that New Delhi had agreed to "cut their tariffs way down".
-
US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
-
US Woman In Bengaluru Suggests Taxing NRIs To Ease India's "Insane" Tax Burden, Sparks Debate
Ms Marie also addressed the issue of some Indians considering moving abroad solely to escape high taxes.
-
What Are Reciprocal Tariffs And Who Might Be Affected?
Tariffs are taxes imposed on goods imported from another country. As for reciprocal tariffs -- during election campaigning, Donald Trump promised: "An eye for an eye, a tariff for a tariff, same exact amount."
-
Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
-
Donald Trump Fires "Tremendous Tariff-Maker" Warning At India, China
Donald Trump on Tuesday denounced India, China, and Brazil as "tremendous tariff-maker(s)" and said his government would not allow the three to do this, declaring, "... we're not going to let that happen... we're going to put America first".
-
"If They Tax Us, We Tax Them": Trump Threatens India With Reciprocal Tariff
US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the "high tariff" imposed by New Delhi on import of certain American products.
-
"India Biggest Tariff Charger", Will Reciprocate If Elected To Power: Trump
Vowing to introduce a reciprocal tax if elected to power, former US president Donald Trump on Thursday alleged that India, among all major countries, imposes the highest tariffs on foreign products.
-
Home Ministry Probing Netflix for Alleged Visa Violations, Racial Discrimination
India is investigating the business practices of US streaming giant Netflix's local operations. The details of India's investigation were included in an email dated July 20, reviewed by Reuters, which was written by a home ministry official to Netflix's former director of business and legal affairs for India, Nandini Mehta, who left the compan...
-
Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
-
G20 Prioritises Discussions on Digital Tax Amid Looming Tariff Threats from US
The Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies.The stakes in the negotiations are high. A failure to reach agreement on final terms could prompt several countries to reinstate their taxes on U.S. tech giants and risk punitive duties on billions of dollars...
-
Rupee Slips To Record Low After Government Raises Tax On Capital Gains
The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains.
-
US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
-
India, US Extend Digital Tax On E-Commerce Supplies Till June 30
India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday.
