Appliances, consumer electronics industry seeks tax relief, incentives in upcoming Budget
Manufacturers of appliances and consumer electronics are seeking lower taxes on eco-friendly and energy-efficient products, more incentives for domestic manufacturing and waiving of customs duty on inputs imported to make the components in the upcoming Union Budget.
Tweet Buster: LTCG relief, income-tax cut two key demands of market mavens
It will be a tough task for Nirmala Sitharaman to please all when ...
Recollecting India's frantic efforts to end starvation after independence
The nature of hunger has changed, but at a basic level, India still...
US pushes India to buy $5-6 billion more farm goods to seal trade deal: Report
US wants India to buy another $5-6 bn worth of poultry and farm goods for reinstatement of GSP benefits.
Slow economy provided relief to domestic coal production, keeping market in balance in 2019: WoodMac
India continues to invest in renewable sources of power with a focus on affordability, security and environment. Despite the ‘must run’ status of renewable power, wind and solar projects still faced large-scale grid curtailment in 2019, owing to the ongoing financial distress of state distribution companies, asserted solar analyst Rishab Shrestha.
Women Inc's Budget wishlist: Tax relief for new businesses, facilitating startup economy
The shepreneurs hope to see reforms in education, startup and fintech industry.
Karnataka may soon announce relief as industries find property taxes steep
In the case of electricity bills, commercial consumers attract the highest tariff while industrial units pay a lower tariff. The government is working on similar lines of introducing a separate tax rate for industries. The Minister, however, said the Cabinet will take a view on whether to make the proposed relief prospective, or retrospective.
Delhi: How relief on electricity bills is powering election campaigns
Subsidised power became available after AAP came to power in 2015, and since August 2019, the state government has fully freed consumption up to 200 units of electricity and partly subsidised utilisation of 201-400 units.
'Budget should bring tax relief; GST reforms, more infra funds essential for growth'
Swanubhuti Jain, COO of JIIF, shared her Budget wishlist for this year.
In relief for 30,000 homebuyers, Centre to take over Unitech
In a major relief to around 30,000 homebuyers, the Centre agreed to take over troubled real estate giant Unitech to streamline the management of the company which is in a financial mess caused by siphoning off of more than 50% of money deposited by individuals and financial institutions.
Courier companies seek relief on GST E-way bill rule
GST Rule 138E, which took effect in November, doesn’t allow an entity that hasn’t filed returns for two straight months to generate an e-waybill. While the rule won’t impact direct deliveries to ecommerce customers, business-to-business (B2B) orders from overseas will likely get hit.
Alarmed RBI seeks govt relief for telcos to avoid bad loans
Banks like YES, IndusInd, SBI, ICICI and PNB appear to have high exposures to Vodafone Idea.
Government relief only hope, else telecom sector headed for duopoly: Analysts
Industry experts are divided over the likely outcome of the sector heading towards a duopoly with two private telcos-Reliance Jio and Bharti Airtel plus one PSU- BSNL with a limited reach. While Vodafone Idea is reeling under the debt of Rs 53,000 crores as AGR payment, Airtel is better financially placed to pay its statutory dues of Rs 35,000.
Meet the Bengali refugees who now dominate businesses, farms in Chhattisgarh's tribal belt
They control three commercial hubs in and around Pakhanjore, a town in the Bastar region of Chhattisgarh.
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