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Budget 2018

Retail

Every business enterprise to be provided with unique ID: Jaitley

Indiaretailing Bureau -
Every business enterprise, big or small, will be provided with a unique identity a la Aadhaar, Union Finance Minister Arun Jaitley said in his Budget speech on Thursday. "Aadhaar has provided an identity to every Indian. Aadhaar has eased delivery...
Retail

Retail industry reacts to the Union Budget 2018

Charu Lamba -
In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent. In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...
Retail

Budget 2018: Corporate tax cut to 25 pc for firms with upto Rs 250 cr turnover

IANS -
In line with its promise of cutting Indian corporate tax in a phased manner, the Government on Thursday announced that it would be reduced to 25 percent from the coming fiscal for companies which had a turnover up to...
Retail

Budget 2018-19: What will be cheaper, what will be dearer

IANS -
In his last full budget before the general elections in 2019, Finance Minister Arun Jaitley raised the customs duty on items like cars and motorcycles, mobile phones, vegetable and fruit juices, and perfumes making them more expensive. At the same...
Retail

Key highlights of Budget 2018 for the retail industry

Indiaretailing Bureau -
Highlights of the Union Budget for 2018-19 presented in the Lok Sabha by Finance Minister Arun Jaitley on Thursday: - Allocation in food processing ministry doubled to Rs 1,400 crore from Rs 715 crore - MSMEs sector gets Rs 3,794 crore...
Food

Budget 2018: What food industry biggies want this year

Charu Lamba -
In the run up to budget, consumer goods companies are looking for a greater thrust on food processing sector to add value to the agricultural produce, increase in rural wages and reduction in taxes to leave more money in...
Retail

Budget 2018: The wishlist of Indian retail titans

Charu Lamba -
With numerous expectations and curiosity around what is in it for various stakeholders, India’s 2018-19 budget is one of the most sought after events. Just like every other sector, retail stalwarts have also pinned their hopes on Finance Minister...
Retail

Budget Special: Home appliance makers bat for manufacturing incentives

Indiaretailing Bureau -
Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the Government to lower taxes, give incentives to local manufacturing and increase customs duty on imports. According to a PTI report: Besides, the ACE (Appliances...
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ONDC announces Build for Bharat initiative 

The initiative intends to tap into India’s technological and entrepreneurial potential with an expected participation of over 2,00,000 participants...
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