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Govt cuts import duty on mobile phones; imported handsets to become up to 6% cheaper

The industry witnessed three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the last six yearsNew Delhi: Imported...

Sitharaman proposes several changes in TDS structure

In the first Budget of Modi 3.0, Sitharaman proposed that the 5% TDS rate on many payments be merged into the 2% TDS rate...

Govt cuts customs duty on gold, silver, mobile phones

The Budget 2024 proposed reduction in basic customs duty on gold and silver to 6 per cent, platinum to 6.4 per cent and mobile...

Relief for salaried class under new tax regime; 50% hike in standard deduction to Rs 75,000

Finance Minister Nirmala Sitharaman said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the...

Jewellery stocks surge after govt cuts basic custom duty on gold, silver

On the BSE, the stock of Senco Gold zoomed 6.16% to trade at Rs 1,000.80 apiece, Rajesh Exports surged 5.49% to Rs 313.90 and...

Shares of shrimp products makers in heavy demand after Budget allocation

Presenting the Union Budget for 2024-25, Sitharaman said that the government has reduced the basic customs duty on shrimp to 5 per centNew Delhi:...

Govt announces to remove angel tax on startups for all classes of investors

Angel tax refers to the income tax that the government imposes on funding raised by unlisted companies, or startups if their valuation exceeds the...

Paytm partners with Axis Bank to offer POS solutions, card payment devices

Through this partnership, Paytm expects its technology to reach a wider merchant base via Axis Bank, thereby enhancing the capabilities of both entitiesNew Delhi:...

Mahindra Logistics profit falls 55% to Rs 10.15 crore in April-June

The revenue during the quarter under review, however, rose 10 per cent to Rs 1,156.66 crore from Rs 1,050.92 crore in the year-ago periodMumbai:...

Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey

The survey mentioned that India's e-commerce market has gained significant momentum during the past few years, owing to technological advancementsNew Delhi: Issues related to data...

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Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday

The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July New Delhi:...