Clipped from: https://www.business-standard.com/article/opinion/tariff-uncertainty-121020302021_1.html Tinkering with rates will put off investment and hurt exports Another Union Budget has deepened the turn towards protectionism, which began a few years ago.
Category: EXIM
Decoding the fine print of Nirmala Sitharaman’s ‘no harm’ Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-key-highlights/articleshow/80621984.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while acknowledging the spending
Customs duty hikes: Companies to look at rejigging sourcing structures – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/customs-duty-hikes-companies-to-look-at-rejigging-sourcing-structures/article33736457.ece Will need to increase local sourcing, say players With the Central government continuing with its strategy to hike customs duties in the latest
Safe harbour for the ship in unstable times |BUDGET 2021: Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/budget-2021-safe-harbour-for-the-ship-in-unstable-times-946329.html Budget FY22 checks all the right boxes on intent. On financial allocation, it checks a few boxes less so Representative image. Credit: iStockPhoto
Electronics giants make India hub for exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/electronics-giants-make-india-hub-for-exports/articleshow/80656813.cms Synopsis–These global companies in India were only exporting to smaller emerging markets such as the SAARC, Middle East, South Asian, African and Latin
Shekhar Gupta: Finally, a BJP Budget | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/shekhar-gupta-finally-a-bjp-budget-121020200088_1.html The ones so far were all Congress+ to Congress+++ This year’s Budget marks the first big shift in India’s political economy in 30
Here’s everything for startups and MSMEs FM Sitharaman announced in the first digital budget – -BUDGET 2021: The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-heres-everything-for-startups-and-msmes-fm-sitharaman-announced-in-the-first-digital-budget/2184580/ Union Budget 2021 India: To boost startup investments in the country, the budget proposed an extension of eligibility for claiming tax holidays for
Here are key highlights of Budget 2021-22 – -UNION BUDGET 2021: The Financial Express
Clipped from: https://www.financialexpress.com/budget/union-budget-2021-here-are-key-highlights-of-budget-2021-22/2184106/ Budget 2021 Live from Parliament, Union Budget 2021-22 Live Updates: Following are the highlights of the 2021-22 Budget presented by Finance Minister Nirmala
Custom duty hike to increase smartphone prices, manufacturers might do away with charging adaptor–BUDGET 2021–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/decoding-the-budget/budget-2021-custom-duty-hike-to-increase-smartphone-prices-manufacturers-might-do-away-with-charging-adaptor/story/429884.html The custom duty policy must have twin objectives of promoting domestic manufacturing and helping India get on to global value chain and export
Budget 2021 eases startup funding; FM extends eligibility for claiming tax holiday, capital gains exemption – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-eases-startup-funding-fm-extends-eligibility-for-claiming-tax-holiday-capital-gains-exemption/2184235/ Union Budget 2021 India: A company or an LLP incorporated on or before March 31, 2022 (earlier terminal date of March 31, 2021)
Govt reduces customs duty on certain steel items to provide relief to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/govt-reduces-customs-duty-on-certain-steel-items-to-provide-relief-to-msmes/articleshow/80630835.cmsSynopsis Finance Minister Nirmala Sitharaman in her Budget speech for 2021-22 said the anti-dumping duty (ADD) and countervailing duty (CVD) have also been revoked
400 old duty exemptions to get a rejig, duties cut on many items to help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/budget-2021-400-old-duty-exemptions-to-get-a-rejig-duties-cut-on-many-items-to-help-msmes/articleshow/80631119.cmsSynopsis The FM announced that there will be a reduction in Customs duty uniformly to 7.5% on semis, flat, and long products of non-alloy,
Ship Recycling capacity to double by 2024, generate 1.5 lakh jobs – budgt–The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/ship-recycling-capacity-to-double-by-2024-generate-1-5-lakh-jobs/articleshow/80629751.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India has enacted Recycling of Ships Act, 2019 and acceded to the Hong Kong International Convention. New Delhi: Finance Minister Nirmala Sitharaman on Monday said
Solar cell, modules manufacturing plan to boost domestic firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/solar-cell-modules-manufacturing-plan-to-boost-domestic-firms/articleshow/80629877.cmsSynopsis Sitharaman said solar energy has a “huge promise” in India as her budget speech focused on sustainable power sources. MUMBAI: Finance minister Nirmala Sitharaman has
Inefficient ports to see private participation, but exporters say present struggle across logistics will continue – NIRMALA SITHARAMAN: BUDGET: –The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/budget-inefficient-ports-to-see-private-participation-but-exporters-say-present-struggle-across-logistics-will-continue/articleshow/80629794.cmsSynopsis While Finance Minister Nirmala Sitharaman announced private partnership initiatives for major ports to improve efficiencies, exporters rue that these measures fall short of
Headwinds to exports raise fears of stifled India growth story | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/headwinds-to-exports-raise-fears-of-stifled-india-growth-story-121013100870_1.html The problems of moving cargo to the destinations continue. Containers are not easily available in time as there aren’t enough vessels sailing to
Making structural changes can give fillip to the MSMEs in the upcoming budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/making-structural-changes-can-give-fillip-to-the-msmes-in-the-upcoming-budget/articleshow/80598173.cmsSynopsis It is critical for the government to take some bold moves that helps in revival of the sector and boosts investor confidence. Covid-19 impacted
A case for better tax-policies for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-case-for-better-tax-policies-for-msmes/articleshow/80609973.cmsSynopsis Tax reforms and schemes that ought to encourage trading and ease of business – including on e-commerce platforms – have seemingly complicated the
Manufacturing under Customs Bonded Warehouse – Opening up new possibilities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/manufacturing-under-customs-bonded-warehouse-opening-up-new-possibilities/articleshow/80609584.cmsSynopsis The manufacturing industry expects that the government, through the Budget, would bring in incentives or new schemes to infuse fresh life and to
Happy about jabs, worried about jobs: India’s mood ahead of Budget –BUDGET 2021- The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/happy-about-jabs-worried-about-jobs-indias-mood-ahead-of-budget/articleshow/80604115.cmsSynopsis ET Magazine conducted a three tier poll — of 100 CEOs, 27 economists and 3,476 middle-class Indians — over a fortnight in January
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