BUSINESS/ECONOMY

Assam Congress MP hails Budget 2023-24

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Assam Congress Lok Sabha MP Pradyut Bordoloi termed the budget presented by the Union Finance Minister Nirmala Sitharaman as a good budget. Speaking to...
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Union budget: Government aims to tax high premium policies

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The government will levy tax on income from insurance policies having premium of more than Rs 5 lakh annually. This tax will be levied...
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Presumptive tax scheme for MSMEs to reduce unreported cash income

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The presumptive tax scheme for MSMEs announced in Union Budget 2023-24 seeks to reduce unreported cash income and increase transparency. K.V. Srinivasan, Executive Director...
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Budget 2023-24 road map for nation building: ASSOCHAM

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The Associated Chambers of Commerce and Industry of India (ASSOCHAM) on Wednesday said the Union Budget 2023-24 is a roadmap of nation building...
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Customs duty exemption on capital goods for manufacture of EV batteries

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Customs duty exemption has been provided for capital goods for the manufacture of lithium–ion cells for batteries used in EVs in the Union...
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Budget 2023 is a no complaint Budget, beneficial to NE India: Industry body

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The Federation of Industry & Commerce of North Eastern Region (FINER) on Wednesday said that the Union Budget 2023 is a "no complaint...
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Mixed reactions on Budget from Bihar industrialists

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Industrialists of Bihar had mixed reactions to the Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on Wednesday. Bihar Industries Association (BIA) President...
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Agri-tech startup fund, increased credit in Budget to boost agriculture sector

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