New Delhi: The government on Monday proposed to impose import duty on components of mobile phones and chargers, to enhance local value addition. Finance Minister Nirmala Sitharaman announced review of 400 exemptions in customs duty including those applicable on the mobile devices segment. ”For greater domestic value addition, we are withdrawing a few exemptions on part of […]
Read MoreMumbai: The BSE benchmark Sensex zoomed over 1,700 points and the NSE Nifty reclaimed the 14,000-level driven by gains in financial stocks on Monday after Finance Minister Nirmala Sitharaman presented the Union Budget, which anlaysts believe is a ”growth-oriented” effort. After touching an intra-day high of 48,004.71, the 30-share Sensex was trading 1,660.99 points or 3.59 per cent higher at 47,946.76; and the broader Nifty surged 462.15 points […]
Read MoreNew Delhi: Stressed that the government is committed to farmers’ welfare, Finance Minister Nirmala Sitharaman on Friday said the MSP regime has undergone a ”sea change” to assure price at least 1.5 times of production cost with sharp increase in procurement of foodgrains and payment to farmers. In her budget speech for the next fiscal, she said the procurement […]
Read MoreKolkata: Owners of small businesses have demanded imposition of a special tax of five per cent on online retailers and lowering of income tax rate to 22 per cent on partnership and LLP firms in the next Union budget to help them survive, a traders’ body said on Tuesday. Traders and retailers, who have been […]
Read MorePatna: Inoculation of the entire population of Bihar for COVID-19 will be done free of cost upon the availability of the vaccine, the state cabinet resolved on Tuesday. The decision was taken at the first meeting of the cabinet chaired by Chief Minister Nitish Kumar since the allocation of portfolios last month. The cabinet gave its go ahead for […]
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