HOME
BUSINESS

To discourage cheap imports from China, Customs duty on imitation jewellery hiked to 25%

New Delhi |Thursday, 2023 4:45:09 AM IST

Aiming to discourage cheap imports from China and encourage domestic manufacturing, Customs duty on imitation jewellery has been enhanced from 20 per cent to 25 per cent in the Union Budget 2023-24 th

Read more

Quote on Budget by R. Narayan, Founder and CEO Power2SME, President FICCI-CMSME

Business | February 2, 2023 11:32:54 AM IST

New Delhi [India], February 2 (ANI/NewsVoir): We welcome the Union Budget 2022-23 that has emphasized alleviating stress for small businesses. The government's continuous efforts to boost the MSME sec

Read more

Agri-tech startup fund, increased credit in Budget to boost agriculture sector

New Delhi |Thursday, 2023 3:15:09 AM IST

From setting up an Agri-tech startup fund to hiking agricultural credit, Union Budget 2023 brought multiple announcements for welfare of the farm sector.

Read more

Rs 28,138 crore allocated to meet requirements for OROP

New Delhi |Thursday, 2023 3:15:09 AM IST

The Union Budget 2023-24 on Wednesday allocated Rs 28,138 crore to meet the requirements on account of revision of armed forces pensioners/ family pensioners under the One Rank One Pension (OROP) sche

Read more

Civil Aviation Ministry's allocation dips to Rs 3,113.36 crore in Budget 2023-24

New Delhi |Thursday, 2023 3:15:09 AM IST

The Civil Aviation Ministry witnessed a significant decline in its allocation in Budget 2023-24 presented on Wednesday.

Read more

Customs duty exemption on capital goods for manufacture of EV batteries

New Delhi |Thursday, 2023 3:45:09 AM IST

Customs duty exemption has been provided for capital goods for the manufacture of lithium–ion cells for batteries used in EVs in the Union Budget 2023-24.

Read more

Presumptive tax scheme for MSMEs to reduce unreported cash income

New Delhi |Thursday, 2023 4:15:09 AM IST

The presumptive tax scheme for MSMEs announced in Union Budget 2023-24 seeks to reduce unreported cash income and increase transparency.

Read more

Budget 2023-24 road map for nation building: ASSOCHAM

New Delhi |Thursday, 2023 4:15:09 AM IST

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) on Wednesday said the Union Budget 2023-24 is a roadmap of nation building with continued focus on massive public expenditure on in

Read more

Govt steers clear of a populist Budget in pre-election year

New Delhi |Thursday, 2023 1:15:09 AM IST

The government has steered clear of a populist Budget in what is the last full Budget before the general elections scheduled next year, analysts said on Wednesday.

Read more

Assam Congress MP hails Budget 2023-24

Guwahati |Thursday, 2023 4:15:09 AM IST

Assam Congress Lok Sabha MP Pradyut Bordoloi termed the budget presented by the Union Finance Minister Nirmala Sitharaman as a good budget.

Read more

FICCI suggests centre like Gujarat's GIFT City in NE to attract foreign investment

Guwahati |Thursday, 2023 3:15:09 AM IST

The Federation of Indian Chambers of Commerce and Industry's (FICCI) northeast chapter on Wednesday suggested a Gujarat's GIFT City-like industrial zone in the region to attract business and investmen

Read more

Overall developmental, infra oriented budget: K'taka industrial federation

Bengaluru |Thursday, 2023 4:45:09 AM IST

The Federation of Karnataka Chamber of Commerce and Industry (FKCCI) President B.V. Gopala Reddy on Wednesday dubbed Union Budget 2023-24 as an overall developmental and infrastructure oriented Budget

Read more