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Union Budget 2023

Consumption: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current budget that intend to boost consumption in the country New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In...

Fashion: What the industry says about Budget 2023

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

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 businesses Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023....

Gem, jewellery industry disappointed with Union budget for 2023-24

Industry's critical concerns are not addressed in the Union Budget 2023-24, says All India Gem And Jewellery Domestic Council chairman Saiyam Mehra Mumbai: The gems and jewellery industry on Wednesday said it is disappointed with the Union Budget proposed for 2023-24,...

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: 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 identifier New 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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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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