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Consumers

Consumers

What Sitharaman's maiden Budget has for you

Modi government's first Budget comes at a time when the economy is showing signs of ​slowdown.

India to ease local sourcing norms for single brand retail, Apple benefits

India’s plans to ease local sourcing rules in single brand retail are set to help Apple the most among other cos.

Government to continue with its thrust for affordable housing

The FM said that several reforms would be undertaken to promote rental housing, current rental laws are archaic as they do n...

Budget 2019 proposes to levy 2% TDS on cash withdrawal of over Rs 1 crore

Rumours were already doing the rounds that the government will introduce such a tax.

Budget 2019 hikes tax break on interest paid on loan for affordable housing by Rs 1.5 lakh

Deduction that can be claimed for interest paid on loans for affordable housing was increased by Rs 1.5 lakh.

Budget 2019 plans to stop cash deposits in bank accounts without holder's consent

"Government will initiate steps to empower accountholders to remedy the current situation in which they do not have control o...

Skill India to be expanded to include AI, IoT

In her speech, the FM said focus under Skill India mission will be to train youth in different languages to prepare them for ...

BharatNet to be speeded up

The FM said the government would dip into the Universal Services Obligation Fund (USOF) corpus to enable BharatNet to boost r...

Comprehensive restructuring of National Highways Programme on cards, says FM

She also noted that the government has allocated Rs 350 crore towards interest subvention for MSMEs for 2019-20.

You can now quote Aadhaar for filing ITR

The finance minister announced the interchangeability of Aadhaar and PAN.

Gem and jewellery industry seeks lower customs duty on gold

Gem and jewellery industry seeks lower customs duty on gold

The council has also urged the government to allow EMI purchases of jewellery, which the RBI currently does not allow, as gol...

What Sitharaman's maiden Budget may have for you

What Sitharaman's maiden Budget may have for you

To boost investment, it is expected that the deduction limit may be increased from Rs 1.5 lakh to Rs 2 lakh.

Consumer appliance makers seek lower GST on large-screen TVs, air-conditioners, refrigerators

Consumer appliance makers seek lower GST on large-screen TVs, air-conditioners, refrigerators

The consumer durables industry is of the view that these items are now household necessities and do not come under the luxury...

GST cut on auto, incentive to scrap old vehicles on SIAM's budget wish list

GST cut on auto, incentive to scrap old vehicles on SIAM's budget wish list

Bringing down the tax rate will reduce vehicle prices, which will help in spurring demand that has been sluggish.

How Modi govt's 2nd term may impact your money and what full budget 2019 may bring

How Modi govt's 2nd term may impact your money and what full budget 2019 may bring

Here are 8 ways in which Narendra Modi's second term in power can impact your finances.

Budget may hike Ujjwala bar towards 100% household LPG coverage

Budget may hike Ujjwala bar towards 100% household LPG coverage

In addition, another 10-20 million new LPG connections would be given in the subsequent months to cover all poor households, ...

Bring down corporate tax, simplify taxation, revive infra investment: Industry to FM

Bring down corporate tax, simplify taxation, revive infra investment: Industry to FM

CII President suggested that a simplified taxation regime is pivotal for improving the revenue flows and help government stic...

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