Representative Image Union Budget 2024-25 will stimulate exports and employment generation in leather and footwear sector, acording to Rajendra Kumar Jalan, Chairman, Council for Leather Exports (CLE). Export duties on certain leathers were reduced, and additional inputs for leather and footwear exporters were included in the Duty Free Scheme. These changes aimed to boost exports…
The Union Budget allocated Rs 11,500 crore for harnessing the waters of the Kosi river in Bihar. In addition, Bihar received infrastructure projects including expressways, a bridge, power plant, and more PATNA: The Union Budget, presented on Tuesday by Finance Minister Nirmala Sitharaman, made a provision of Rs 11,500 crore for harnessing and utilizing the…
NEW DELHI: When finance minister Nirmala Sitharaman presented the interim budget in February 2024, many were expecting it to be full of freebies with an eye on the 2024 general election. There were expectations that the government may announce tax cuts for the middle class and extra incentives for farmers and rural areas. But the…
India’s first budget since Narendra Modi was reelected as prime minister for a third term focused on creating jobs and supporting local businesses and infrastructure without blowing out the deficit.Finance minister Nirmala Sitharaman announced a $24 billion package, with employment-linked measures for businesses to help spur jobs, skilling programs for India’s youth and women, as…
Representative image Budget 2024 proposes to cut the customs duty to 6% on Gold and Silver. Moreover, the finance minister has also proposed to reduce customs duty on platinum to 6.4%. Mahendra Luniya, chairman & founder of Vignaharta Gold said that in FY23, India’s gold imports totaled an estimated Rs 2.8 lakh crore and at…
By Parizad SirwallaBudget 2024 income tax expectations: The Finance Minister (FM) will present the full Union Budget for Financial Year (FY) 2024-25 in Parliament on July 23rd. The Budget is of significant interest to individual taxpayers as they have a long wish list of the desired announcements on the personal tax front from the newly…
