by Vasu Jit Kalia | July 24, 2024 | Commodities, Markets
In the recently presented Indian Union Budget 2024 Indian Finance Minister Nirmala Sitharaman had cut customs duty to 6% on Gold and Silver and the duty on platinum was reduced to 6.4 %. Elaborating further on this the Indian Finance Minister Nirmala Sitharaman in her...
by Vasu Jit Kalia | July 24, 2024 | News
New Delhi, July 24 (IANS) The proposal to remove indexation benefit in the long-term capital gain calculation in the Union Budget 2024-25 will ultimately be beneficial to investors, the Centre has said As Finance Minister Nirmala Sitharaman’s proposal sparks debate,...
by Vasu Jit Kalia | July 23, 2024 | Market Analysis & Commentary, Markets
Mumbai, July 23 (IANS) Indian equity indices made a smart recovery from the day’s lows and closed flat on Tuesday, following robust budget announcements. At closing, Sensex was down 73 points or 0.09 per cent, at 80,429 and Nifty was down 30 points or 0.12 per...
by Vasu Jit Kalia | July 23, 2024 | News
New Delhi, July 23 (IANS) In a booster for micro, small and medium enterprises (MSMEs), the government on Tuesday formulated a detailed package that covers financing, regulatory changes and technology support for them to grow and also compete globally. Among the...
by Vasu Jit Kalia | July 23, 2024 | Healthcare, Industry, News
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2024-25 in Indian Parliament on Tuesday, announced that three cancer treatment medicines will be exempted from basic customs duty. Health experts from India and UAE hailed the India’s...