Followers

Tuesday, July 30, 2024

Duty on chemicals up from 10% to 150%; research labs lose work

India's recent budget decision to increase customs duty on laboratory chemicals from 10% to 150% has impacted research centres and labs, significantly straining their financial resources. Academic institutes have seen a surge in costs, prompting calls for exemption from the new tax to avoid jeopardizing the country's research environment.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ygny84t

No comments:

Post a Comment

Dow soars over 1,300 pts, Sensex 900 pts

Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...