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Budget 2023 | Silver to get costlier as govt. raises basic customs duty to 10%

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Budget 2023 | Silver to get costlier as govt. raises basic customs duty to 10%

Image for representation purpose only. | Photo Credit: Getty Images/iStockphoto Silver and silver jewellery will become expensive as the government on Wednesday announced increasing the basic customs duty on silver, both in dore and semi-manufactured form, to 10% in order to curb imports. Currently, the basic customs duty on silver dore is 6.1%, while on…

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Yogi Adityanath hails Budget, says it will fulfil aspirations of all sections of society

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Yogi Adityanath hails Budget, says it will fulfil aspirations of all sections of society

Uttar Pradesh Chief Minister Yogi Adityanath. File | Photo Credit: PTI The Union Budget on Wednesday evoked mixed reactions in Uttar Pradesh. Chief Minister Yogi Adityanath hailed the Budget and described it as a Budget for ‘New India’ which aims to serve 130 crore people of the country. The Opposition parties criticised the Budget and…

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Budget 2023 | Customs Duty tweaks likely to make mobile phones, TVs cheaper; toys, bicycles, automobiles dearer

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Budget 2023 | Customs Duty tweaks likely to make mobile phones, TVs cheaper; toys, bicycles, automobiles dearer

Mobile phones will become cheaper as Finance Minister Nirmala Sitharaman announced a reduction in the import duty. | Photo Credit: PTI With an eye on promoting exports, boosting domestic manufacturing and enhancing value addition, Union Budget 2023-24 has proposed number of changes to Customs Duty regime that is likely to make mobile phones and televisions…

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Budget 2023 | Changes in allocation for key schemes including MGNREGS, PM-Kisan, Ayushman Bharat

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Budget 2023 | Changes in allocation for key schemes including MGNREGS, PM-Kisan, Ayushman Bharat

Finance Minister Nirmala Sitharaman on Wednesday, February 1, presented the last full budget of the Narendra Modi government before the 2024 general elections. The Minister announced a range of new initiatives, revised income tax slabs and customs duty, and sops for agriculture and energy transition. The Union Budget 2023-24 document also listed the new allocations…

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Budget 2023 | Jal Jeevan Mission gets hike in funds

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Budget 2023 | Jal Jeevan Mission gets hike in funds

A fully functional tap water connection is defined as a household getting at least 55 litres of potable water per capita per day all through the year. Image for representation purpose only. | Photo Credit: G. Moorthy With an eye on the General Elections and the deadline approaching for the government’s ambitious bid to provide piped…

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Budget 2023 | Choosing the path of prudence and continuity: T.T. Srinivasaraghavan

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Budget 2023 | Choosing the path of prudence and continuity: T.T. Srinivasaraghavan

T.T. Srinivasaraghavan. Photo: Special Arrangement The number of economists in India on January 31 is 842, on February 1, it’s 2,87,329… on Feb. 2, it rises to 3,34,569 and on Feb. 3, it is back to 842!” says a WhatsApp message doing the rounds. I certainly do not count myself in that number. It is…

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No sector will benefit from this budget: Vinod Kumar

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No sector will benefit from this budget: Vinod Kumar

State Planning Board vice-chairman B. Vinod Kumar opined that no sector will benefit form the budget introduced by the Centre, terming it as ‘aimless.’ “This is an unimplementable budget. Union government has been behaving adamantly instead of joining hands with States for development. No single medical college was sanctioned for Telangana in the last eight…

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Budget disappointed people of Telangana: Uttam

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Budget disappointed people of Telangana: Uttam

Finance Minister mentioned Telangana only once by promising to support the Indian Institute of Millet Research, Hyderabad as the Centre of Excellence. Congress Lok Sabha member N. Uttam Kumar Reddy said that the Union Budget presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Wednesday was highly disappointing for Telangana. Further, he described it…

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Budget 2023 | By waiving off tax on FRP, Modi govt. has given massive boost for Maharashtra’s sugarcane industry, says Fadnavis

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Budget 2023 | By waiving off tax on FRP, Modi govt. has given massive boost for Maharashtra’s sugarcane industry, says Fadnavis

Maharashtra Deputy Chief Minister Devendra Fadnavis watches the live telecast of Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on February 01, 2023. Photo: Twitter/@Dev_Fadnavis Stating that the Budget presented by Union Finance Minister Nirmala Sitharaman would give a massive boost for Maharashtra’s sugarcane industry, Deputy Chief Minister and State Finance Minister Devendra Fadnavis…

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