Economic Times

Union Budget: Finance Minister Nirmala Sitharaman announced custom duty cuts on gold, silver, diamond, and platinum in the Union Budget 2024, making t
Companies - 4 months ago
Proposed tax relief measures for the middle class are expected to increase disposable income and boost discretionary spending, benefiting retailers an
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The Union Budget 2024, while significantly increasing health sector funding to ₹90,959 crore, failed to address the BJP’s poll promise of includin
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The proposal, which follows a representation from a stakeholder, suggests that testing at the prescribed laboratory may be waived for cough syrups bei
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Tesla reported its lowest five-year profit margin, missing Wall Street earnings targets. CEO Musk announced 2025 models amid rising AI expenses and la
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India's sweeping shipping reforms aim to create jobs and remove customs duties on vessel components and warship spare parts. Supported by Nirmala Sith
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The Indian government's budget focuses on infrastructure, rural outlay, and tax savings, which are expected to boost rural demand for packaged consume
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The cost of imported high-end smartphones will come down by 5.0-5.5% if brands pass on the benefit of the reduced customs duty to consumers, experts s
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India imports 800-850 tonnes of gold and 4,000-4,500 tonnes of silver annually. Lower prices of silver will help industries such as the solar energy s
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The Indian government is proposing a 1% tax collected at source (TCS) on luxury products like watches, handbags, and high-end televisions priced over
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FM Nirmala Sitharaman's budget introduces the Critical Mineral Mission with reduced import duties to boost domestic production and recycling, focusing
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In Q2 2024, Coca-Cola achieved 2% growth, driven by India, Brazil, and the Philippines. India’s innovative bottles with extended shelf life generate
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India's 2024 Budget has significantly reduced customs duties on precious metals, reducing them from 15% to 6% for gold bars, 14.35% to 5.35% for gold
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Budget proposals including duty cuts, personal income tax exemptions, and higher standard deductions aim to boost consumption and the economy. MSMEs a
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CEAMA praises the union budget for customs duties removal on critical materials. FM Sitharaman's tariff cuts on minerals bolster initiatives like PM A
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CDSCO mulls exempting cough syrups from testing before export to select countries. Quality concerns arose last year prompting mandatory testing. Stake
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1.28 crore registrations for PM Surya Ghar Muft Bijli Yojana aim for 1 crore rooftops. Launched in February by PM Modi, 15 lakh applications were rece
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ICAI welcomes the tax proposals in the Union Budget 2024-25, emphasizing simplification, improved services, tax certainty, and reduced litigation. The
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Air India Express has expanded its network by launching the first direct international service from Bengaluru to Abu Dhabi. Bengaluru now serves as th
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Budget 2024-25 promotes aircraft, ship leasing, and MRO. Finance Minister Sitharaman cites 28 aircraft lessors in GIFT City. Kinjal Shah and Thales' S
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