Trump had said that the decision of the Indian govt to reduce the tariff on Harley-Davidson motorcycles from 75% to 50% was not enoughOn many occasions, Trump even threatened to put reciprocal tax on Indian bikes, which he has wrongly claimed to be selling 'in thousands' in the US
1 min read22 Sep 2019India claims withdrawal of the generalized system of preferences benefits would be 'discriminatory, arbitrary and detrimental' to its developmental needs
2 min read19 Jun 2018The US has historically had higher tariff rates compared to other advanced economies of the world, and ignited the last major trade war the world has faced
3 min read6 Jun 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared