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budget responses

Special attention to MSMEs in Budget 2024-25: New credit guarantee scheme; hike in Mudra loans

In the first Budget of Modi government's third term, Sitharaman introduced a new credit guarantee scheme for term loans to acquire machinery and equipment and proposed raising the Mudra loan limit from Rs 10 lakh to Rs 20 lakhBengaluru:...

Sitharaman proposes several changes in TDS structure

In the first Budget of Modi 3.0, Sitharaman proposed that the 5% TDS rate on many payments be merged into the 2% TDS rate and the 20% TDS rate on the repurchase of units by mutual funds or UTI...
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Budget 2024: Jewellery sector welcomes custom duty reduction on precious metals

The reduction in duties will bring down input costs, increase value addition, promote export competitiveness and boost domestic manufacturing New...
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