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🚨 Big Changes from April 1! Are You Ready?
New financial year has brought some new rules, from tax relief to price hikes, a lot is changing.
Some of these will hit your wallet hard, while others might work in your favor.
Stay informed and plan ahead! 🗒️
[new, rules, https://t.co/i9mlC6HKGo
Posted On:04 Apr 2025
5️⃣Rice exports to the US may slow—but not vanish
India exports 2.5 to 3 lakh tonnes of rice annually to the US.
With tariffs rising from 9% to 26%, exporters expect a slowdown.
But Vijay Sethia, former chief of the Rice Exporters Association, says:
“In the long run, India
Posted On:03 Apr 2025
8️⃣India’s tariffs under scrutiny—but reforms are ongoing
US Trade reports flag India’s high import duties as a trade barrier.
Yet India’s average tariff has already dropped from 17% to 10.66% after the 2025 Union budget.
This gives India leverage to negotiate.
Posted On:03 Apr 2025
6️⃣Other products will face pressure—but not all equally
Here’s how other categories are affected:
🔸Dairy (ghee, butter, milk powder): +38.23%
🔸Processed foods, sugar, cocoa: +24.99%
🔸Vegetables, fruits, spices: +5.72%
🔸Edible oils: +10.67%
🔸Alcohol: +122.10% (but low
Posted On:03 Apr 2025
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Posted On:03 Apr 2025
7️⃣What can India do?
Experts suggest a 'zero-for-zero' tariff plan:
⚖️ India & US can mutually cut tariffs on select goods
⚖️ No need for a full trade deal
⚖️ Helps both sides retain competitiveness without hurting local industries
It’s an approach worth exploring.
