Budget 2025: Electronics industry pushes for R&D tax cuts, DLI extension, and export incentivesThe electronics industry’s wishlist for Budget 2025 is a blueprint for transforming India into a global electronics hub. Enhanced R&D incen...
27 Jan, 2025, 10.55 AM IST
Budget 2025: Textiles industry wants Budget to capitalise on shifting supply chain amid Bangladesh crisisWith global retailers scrambling to find alternative suppliers amidst the ongoing crisis in Bangladesh, industry stakeholders urge the Indi...
23 Jan, 2025, 09.51 AM IST
Duty cut on precious metals to help contain smuggling, but cost govt Rs 28,000 cr in revenues: GTRIIndia's 2024 Budget has significantly reduced customs duties on precious metals, reducing them from 15% to 6% for gold bars, 14.35% to 5.35...
24 Jul, 2024, 12.03 PM IST
Budget 2024: Here is Finance Minister Nirmala Sitharaman's full budget speech; Click to readBudget 2024: Finance Minister Nirmala Sitharaman presented the Budget for 2024-25, marking her 7th consecutive presentation. This budget is...
23 Jul, 2024, 03.49 PM IST
CBIC clarifies on display assembly of mobile phones for levy of 10 pc import dutyCBIC lists parts of mobile phone display assembly attracting 10% import duty. Concessional 10% customs duty on integrated display assembly....
08 Jun, 2024, 12.04 PM IST
Nirmala Sitharaman Budget 2023 Speech: Here is the full textThis Budget hopes to build on the foundation laid in the previous Budget, and the blueprint drawn for India@100. We envision a prosperous a...
01 Feb, 2023, 05.44 PM IST
Mobile prices may not dip despite some customs concessions say analysts"The reduction in BCD (basic customs duty) on some components will give OEMs some cushion to offset increasing price of some key components...
01 Feb, 2022, 04.50 PM IST
Towards greener pastures: How FM can give requisite push to renewable energy sectorThe year 2021 was a landmark one for the RE sector. Cumulative 100GW capacity installation milestone was achieved in this year which furthe...
30 Jan, 2022, 10.24 PM IST
Budget 2020 Highlights: This is what you got from Sitharaman's Bahi KhataThe FM, Nirmala Sitharaman, on Saturday unveiled the budget for fiscal 2020-21, vowing to boost income of Indians & their purchasing power,...
28 Dec, 2020, 01.01 PM IST
Budget 2017: LED lighting industry unhappy over import duty on inputs, to meet power ministerThere was no customs duty on imported MPCBs (motor protection circuit breakers) so far, while there was a 10% duty on finished LED products.
11 Apr, 2019, 02.59 PM IST
Phone companies seek higher tax on importsWhile the duty on mobile phones was increased to 15% recently, the association said there is room for a higher tax and that components shou...
28 Dec, 2017, 07.53 AM IST
Plug to curb zero-duty imports held up in talksThe finance ministry can impose them only after consultation with the commerce ministry.
14 Jul, 2017, 09.45 AM IST
Budget 2017: LED companies miffed with imposition of import duty on input componentsLED lighting industry had asked the government for 20% customs duty on finished LED lights, said Shyam Sujan, secretary general at industry...
02 Feb, 2017, 03.57 PM IST
Union Budget 2017: Full speech of Finance Minister Arun JaitleyFinance Minister Arun Jaitley presented Modi government's post-demonetisation Budget on Wednesday. Here is the full speech of the Finance M...
01 Feb, 2017, 05.25 PM IST
Why Budget 2016 offers little cheer for telecom sectorThe bucket list was expansive, and the industry certainly hoped for a simplified tax regime that included clarity on critical tax issues tr...
02 Mar, 2016, 11.25 AM IST
Budget 2016: Full text of Finance Minister Arun Jaitley's speechJaitley presented his third budget which took on the fiscal and physical health of the nation by setting the fiscal deficit target at 3.5% ...
29 Feb, 2016, 04.45 PM IST
- Makes sense to cut levies on capital goods imports
Capital goods imports have soared in recent months - over 55% so far this fiscal - reflecting an investment spurt across industries.
02 Feb, 2007, 03.12 AM IST