Consumer Sector-2021

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Consumer Sector-2021 - Total results - 12
New agri cess to be carved out of Centre's money, won't burden consumers: Nirmala Sitharaman to Network18
India

New agri cess to be carved out of Centre's money, won't burden consumers: Nirmala Sitharaman to Network18

The Union finance minister said that to compensate for the additional cess, the government has reduced the excise duty component, resulting in no additional cost for the public

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
Business

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy

The best part of Union Budget 2021, however, is that Nirmala Sitharaman resisted the temptation to slap more cess, surcharges on the taxpaying citizens and refrained from imposing a ‘wealth tax’ to raise revenue.

Union Budget 2021: Refrigerators, ACs, mobile phones to become costlier; gold, silver to be cheaper
Business

Union Budget 2021: Refrigerators, ACs, mobile phones to become costlier; gold, silver to be cheaper

Sitharaman announced a hike in customs duty on mobile phone parts and mobile phone charger components to 2.5 percent from nil while customs duty on gold and silver has been reduced to 7.5 percent from 12.5 percent

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Business

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI

Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF
Business

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF

IMF’s chief economist Gita Gopinath said more public infrastructure spending is needed and that the Government of India has expressed its intention to do so

Union Budget 2021: After pandemic disruption, time to focus on demand side of economy
Business

Union Budget 2021: After pandemic disruption, time to focus on demand side of economy

The economy has lately shown some green shoots and several high-frequency indicators are reaching the pre-COVID level of production, bolstered by a combination of festive/pent-up demand.

Union Budget 2021: Lower GST rates for refrigerators, air conditioners, says electronics sector
Business

Union Budget 2021: Lower GST rates for refrigerators, air conditioners, says electronics sector

Lowering the GST tax slabs for eco-friendly and energy-efficient products like 4 star, 5 star, and inverter air conditioners and refrigerators will drive demand

Union Budget 2021: Offline retail hard hit by pandemic; seeks relief in taxation, rationalisation of licensing process
Business

Union Budget 2021: Offline retail hard hit by pandemic; seeks relief in taxation, rationalisation of licensing process

All eyes are now on how Budget 2021 will address the expectations and challenges faced by the Indian retail sector.

Union Budget 2021: Govt must redirect focus on resolving demand-side issue for economic recovery
India

Union Budget 2021: Govt must redirect focus on resolving demand-side issue for economic recovery

Sunil Kumar Sinha of India Ratings warned that even if the supply-side bottlenecks get restored on account of various RBI measures it may soon run into difficulties due to the lack of adequate demand

Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year
India

Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year

The Union Budget will be presented against the backdrop of the economy in recession due to COVID-19

Union Budget 2021: Gems, jewellery industry seeks reduction of import duty to 4%
Business

Union Budget 2021: Gems, jewellery industry seeks reduction of import duty to 4%

All India Gem and Jewellery Domestic Council chief Ashish Pethe said the EMI facility should be extended to their industry and to increase the cash purchase limit to Rs 1 lakh from Rs 10,000