Retailers gear up for Budget 2024, seeking tax cuts, green push and digital boost. With the expected growth rate in mind, retailers are looking forward to specific measures in the Interim Budget 2024. They are expecting government support in terms of taxes and incentives to boost the sector’s growth. “Reducing gross and services tax (GST) […]
Garment manufacturers in Rajasthan are urging the industries department to acknowledge their sector within the one-district-one-product (ODOP) category, seeking benefits similar to those provided in Uttar Pradesh and other states. Currently, the gem and jewellery sector has been included in the ODOP by the department, though the benefits are yet to be announced. The primary […]
The manufacturing sector in India has been witnessing proliferating growth in investment, depicting a crucial phase in the country’s economic arena. As per the published dossiers by the Department for Promotion of Industry and Internal Trade (DPIIT), the manufacturing sector engrossed substantial Foreign Direct Investment (FDI), with FDI equity inflows tallying around USD 17.51 billion […]
In order to boost the tourism sector, Bhutan has planned to reduce the ‘expensive’ airfares to lower the price for visitors travelling to the country, Bhutan Live reported. According to country’s Finance Minister, this step would result in uptick of travellers to the country and increase the number of visitors that visit the nation, as […]
The textile industry of Haryana is planning to shift its units to Uttar Pradesh and a delegation of the Haryana Textiles Association met the Uttar Pradesh Chief Minister Yogi Adityanath recently. According to an official statement released by the association, the textile industry is taking this step after being impressed with the improved law and […]
India might contemplate permitting foreign vendors of Tesla, specifically those in China, to produce essential components within the country. However, the government is not inclined towards granting special exemptions exclusively for Tesla or any other specific company. This development carries significance due to the fact that certain crucial components required for electric vehicles, such as […]
