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Budget 2023

Govt proposes taxation changes related to REITs, InVITs

The government proposed to tax income distributed by business trusts like REITs and InVITs New Delhi: Seeking to widen the tax base, the government on Wednesday proposed to tax income distributed by business trusts like REITs and InVITs in the form...

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: 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...

Budget 2023: Clovia founder seeks more support for women entrepreneurs

Incentives to empower women entrepreneurs from non-metros is what Neha Kant founder of Clovia seeks from the upcoming Budget 2023 The online lingerie market in India and it is poised to grow by $ 859.41 mn during 2022-2026, progressing at...

Budget 2023: Aastha Almast of The New Shop on what the industry needs to grow

More money in the hands of the consumers tops the Budget 2023 wishlist of Aastha Almast, co-founder and chief business officer of The New Shop  New Delhi: Retail is the gateway to consumption, which in turn helps boost a country’s...

Budget 2023: Ahmad Hushsham of footwear startup Yoho shares his expectations

A simplified GST structure for footwear features at the top of footwear startup Yoho co-founder’s Ahmad Hushsham Budget 2023 wishlist Mumbai: The Indian footwear market registered a compound annual growth rate (CAGR) of by 8.8% to reach Rs. 960 billion...

Budget 2023: Amit Jatia of McDonald’s India shares his expectations and Vision 2027

Amit Jatia, vice chairman, Westlife Foodworld Ltd. (McDonald’s India West and South) speaks about what the fast-growing QSR industry needs from the Budget 2023 to help the industry achieve its potential New Delhi: The Indian QSR industry is expected to...

Budget 2023: What Pawan Gadia of Ferns N Petals Expects

A flat tax rate for online gifts, a reduction in GST on bakery products, and more money in the hands of the consumer, Pawan Gadia, Global CEO, Ferns N Petals shares his Budget 2023 wishlist Over the years, the business...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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