India
As per the Union Budget 2024, the customs duty on specified telecom equipment have been increased to 15% from 10%.
Finance Minister Nirmala Sitharaman has announced that the custom duty on non-degradable plastic has risen to 25%.
As per the new Union Budget 2024, the customs duty on petrochemicals like polyethylene, polypropylene, and polyvinyl chloride (PVC), has risen to 10% from 7.5%.
Due to increased tax collection at source (TCS) announced by FM Sitharaman under Union Budget 2024, air travel and abroad travel has gotten more expensive.
Ammonium Nitrate is used in explosives for mining. The customs duty has been increased to 10% on ammonium nitrate.