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Whenever we talk about apples, the name that comes into our mind is Kashmiri apples. The contribution of apples in boosting the economy of Kashmir has played a vital role. However, in recent years, the Kashmiri apple vendors have faced heavy losses due to the illegal imports of Iranian apples. Kashmiri apple growers are up in arms against the import of illegal apples from Iran which has been selling at cheaper rates than the local apples in markets outside the valley. The apple growers and those associated with apple farming appealed to the government of India to ban the import of Iranian apples into the Indian market. The illegal import of Iranian apples happening in the Indian market has severely damaged the rates of Kashmiri produce in the apple market. The Iranian apples ar...

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Center Rejects Tesla’s Request To Relax Import Tax Regime; Read To Know More!

Pooja YadavFebruary 8, 20220

The Centre has rejected Elon Musk's claims on the "challenges" that the billionaire said his company Tesla is facing while working with the Indian government to urge its cars to be launched within the country. Sources told Business Today that Musk is trying to place pressure on the government. Through social media, Tesla wants the country to cut back import duties on its cars without committing to provide within the country. The Centre has once more turned down the demand for tax cuts to import electrical cars, said rules already permit conveyance in partially-built vehicles and collecting them domestically at a lower levy. Indian government levies a 60% import tax on electric vehicles priced at $40,000 or less, and 100% on those priced above $40,000. Tesla cars start at $44,690 (...