budget updates 2024
In Focus
Union Budget 2024-25: Retail leaders laud the strategic direction of the initiatives
Retail leaders across categories assess the impact of the key announcements in the Union Budget 2024-25, analysing how the newly introduced measures and policy changes will influence their operations and growth prospects
Bengaluru:Â The Union Budget 2024-25, revealed on Tuesday by...
E-Commerce
TDS rate cut for e-tailers to help free up working capital for sellers, say e-biz players
PTI -
The budget proposed reduction in TDS rate on e-commerce operators to 0.1 per cent from 1 per cent nowNew Delhi: E-biz players on Tuesday said the proposed reduction in TDS rate on e-commerce operators to 0.1 per cent from...
In Focus
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:...
In Focus
Budget 2024-2025: What’s in it for Retail?
An overview of all the retail ecosystem-related measures in the Budget 2024-2025 revealed by Finance Minister Nirmala Sitharaman in her 7th budget speechMumbai: Being the first by the Modi government in its third term, Budget 2024-2025 was one...
Consumer Durables & IT
Govt cuts import duty on mobile phones; imported handsets to become up to 6% cheaper
PTI -
The industry witnessed three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the last six yearsNew Delhi: Imported mobile phones will become cheaper by up to 6 per cent as the government in...
Fashion & Lifestyle
Govt cuts customs duty on gold, silver, mobile phones
PTI -
The Budget 2024 proposed reduction in basic customs duty on gold and silver to 6 per cent, platinum to 6.4 per cent and mobile phones, mobile charger to 15 per centNew Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed...
Fashion & Lifestyle
Jewellery stocks surge after govt cuts basic custom duty on gold, silver
PTI -
On the BSE, the stock of Senco Gold zoomed 6.16% to trade at Rs 1,000.80 apiece, Rajesh Exports surged 5.49% to Rs 313.90 and PC Jeweller jumped 5% to trade at Rs 74.16 -- also its upper circuit limit.New...
In Focus
India to encourage cooperatives and start-ups to invest in the food supply chain: Union Budget 2024
Experts view it as an initiative to make India’s fresh supply chain more efficient and reduce the high wastage of fresh produce that currently ranges between 20%-35%Â
New Delhi: The government will encourage private companies and start-ups to set up...
D2C
Budget 2024: Entrepreneurs rejoice in the abolishment of angel tax
Entrepreneurs from the country’s startup system have heaved a sigh of relief as the government proposes doing away with the Angel Tax.
New Delhi: In her budget speech as the Finance Minister of India, Nirmala Sitaraman has proposed abolishing the...
Food & Beverage
Shares of shrimp products makers in heavy demand after Budget allocation
PTI -
Presenting the Union Budget for 2024-25, Sitharaman said that the government has reduced the basic customs duty on shrimp to 5 per centNew Delhi: Shares of producers and exporters of seafood products' firms jumped on Tuesday after Finance Minister...
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Latest News
We are among the top footwear on major platforms: Gopal Rathor, Clog London
Gopal Rathor, Director, Clog London speaks about the brand’s growth journey, strategies and expansion plansNew Delhi: Launched in 2018...
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