Budget 2024: The Union Budget 2024, likely to be presented by Finance Minister Nirmala Sitharaman in early July, is expected to outline the Narendra Modi government‘s vision for the next five years. It will also be closely monitored for the next-generation reforms that the finance minister announced in the interim budget in February.As Sitharaman returns…
Digitisation of land records: The government is prioritizing the digitization of land records as a key reform initiative for the upcoming administration. According to sources, the Centre may allocate a budget of Rs 1,035 crore to support the proposed plan, which aims to complete the digitization process for all land records by 2026. This initiative…
The Gem & Jewellery Export Promotion Council (GJEPC) has suggested in its pre-budget representation that the Centre should introduce Safe harbour for the sale of rough diamonds in Special Notified Zones (SNZs) so that India can become a trading hub like Dubai and Belgium. This means that Indian diamond manufacturers will not have to travel…
NEW DELHI: The Council for Leather Exports (CLE) has asked the government to provide fiscal incentives in the Budget such as the PLI scheme and reinstatement of import duty exemption on certain goods to boost manufacturing and exports. The council has also suggested the government to consider permitting the export of all value-added leathers, including…
