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CAIT demands deferment of IT Act clause related to MSMEs

The clause in the Income Tax Act added through the Finance Act 2023 is aimed at addressing the issue of working capital scarcity in the MSME industry and promoting prompt payments to micro and small businessesNew Delhi: Representatives of...

Punjab fixes minimum, maximum rates for beer

Punjab's Excise and Taxation Minister fixes minimum, maximum rates for beer. Such steps will also discourage the production and consumption of illicit liquor, he saidChandigarh,(PTI): Punjab Excise and Taxation Minister Harpal Singh Cheema on Thursday said his department has fixed minimum...

Logistics: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current budget that will have a bearing on the logistics operations of retail businesses New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on...

Retail: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current Budget that will have a bearing on retail businesses New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In the last full-fledged...

Startups: What the industry says about Budget 2023

Reactions from industry captains on startup-related announcements in the current Budget that will have a bearing on allied retail businessesUnion Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023....

Agriculture: What the industry says about Budget 2023

Reactions from industry captains on agriculture-related announcements in the current Budget that will have a bearing on allied retail businessesNew Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In the...

Budget 2023: New tax regime a boon to retailers?

The FM’s announcement of an increase in tax rebate under the new tax regime in the Budget 2023 will result in more money in the hands of the middle class. But will it help revive consumption?By Nehal Gautam and...

Union Budget: FM unveils income tax relief, small saving sops a year before elections

The personal income tax rebate limit has been increased to Rs 7 lakh from the fiscal year starting April 1 under the new tax regime New Delhi: Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled...

Union Budget 2023: Infrastructure and ease of doing business

The capital expenditure will hike by 33% to Rs 10 lakh crore for infrastructure development for 2023-24 and will be at 3.3 per cent of the GDP. PAN will be used as a common business identifierNew Delhi: Finance Minister...

Union Budget 2023: MSMEs to be benefited from the new budget

Revamped credit guarantee schemes for MSMEs will enable additional collateral-free credit of Rs 2 lakh crore to them while the cost of credit will be reduced by 1% New Delhi: Finance minister Nirmala Sitharama, in her budget 2023 speech on...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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