India reacted cautiously to the reciprocal tax threat while stating that commitments by the US and India to WTO differ since India is a developing country and hence enjoys more flexibilities
3 min read9 Mar 2018Donald Trump says India cutting import duty on bikes in not enough and it should be reciprocal, as the US imposes 'zero tax' on import of Indian motorcycles
2 min read14 Feb 2018US President Donald Trump slams India for a high import tariff on Harley-Davidson motorcycle, calling it unfair
2 min read14 Feb 2018Donald Trump has floated the idea of a reciprocal tax in the past, promising to slap it on countries, including allies, that take advantage of the US
1 min read13 Feb 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