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Nirmala Sitharaman

Govt may relax 45-day payment rule for MSMEs in budget

The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultationsNew Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods...

CAIT demands deferment of IT Act clause related to MSMEs

The clause in the Income Tax Act added through the Finance Act 2023 is aimed at addressing the issue of working capital scarcity in the MSME industry and promoting prompt payments to micro and small businessesNew Delhi: Representatives of...

Budget 2024 gives thrust to multi-model connectivity: Logistics players

Mumbai: The Union Budget 2024-25 has given a thrust to multi-model connectivity by implementing economic railway corridors and port connectivity corridors, logistics and port players said on Thursday.Rajiv Agarwal, MD & CEO, Essar Ports said that with a substantial...

Budget: Focus on housing to boost sales of consumer durables in rural markets

Consumer durables and home appliances industry is expecting a boost in rural demand with the government's push for infrastructure and plan to build 2 crore homes in rural areas in the next five yearsNew Delhi: The consumer durables...

Interim budget to support growth, enhance investors’ sentiment: Industry captains

The banking sector and microfinance institutions also hailed the interim budget presented by Union Finance Minister Nirmala Sitharaman in Parliament on ThursdayNew Delhi: Several industry captains on Thursday lauded the interim budget, stating that it will support the country's...

Logistics: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current budget that will have a bearing on the logistics operations of retail businesses New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on...

Retail: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current Budget that will have a bearing on retail businesses New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In the last full-fledged...

Startups: What the industry says about Budget 2023

Reactions from industry captains on startup-related announcements in the current Budget that will have a bearing on allied retail businessesUnion Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023....

Agriculture: What the industry says about Budget 2023

Reactions from industry captains on agriculture-related announcements in the current Budget that will have a bearing on allied retail businessesNew Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In the...

Budget 2023: New tax regime a boon to retailers?

The FM’s announcement of an increase in tax rebate under the new tax regime in the Budget 2023 will result in more money in the hands of the middle class. But will it help revive consumption?By Nehal Gautam and...
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An American or a British model doesn’t work in India. It must be Indianized: Abhijeet Anand, AbCoffee

Abhijeet Anand, founder and chief executive officer of AbCoffee talks about the changing lifestyles of Indians; the future of...
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