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Budget 2019 is significant for India’s machine tools industry: IMTMA

  • 06-Jul-2019

It is a positive step towards development of MSME sector and aims to position India as an elite manufacturing hub, says Indian Machine Tool Manufacturers' Association (IMTMA)... Read More

Quarterly GST returns for businesses with Rs 5 cr turnover: Budget 2019-20

  • 05-Jul-2019

The Budget proposes to move to an electronic invoice system, to be rolled out from January 2020, wherein invoice details will be captured in a central system at the time of issuance... Read More

Budget announces changes in customs duty for some products

  • 05-Jul-2019

Import of defence equipment, currently not manufactured in India, are being exempted from the basic customs duty, said Finance Minister Nirmala Sitharaman... Read More

Budget 2019-20 allocates Rs 350 cr under Interest Subvention Scheme for MSMEs

  • 05-Jul-2019

To provide domestic industry a level playing field, basic customs duty has been increased on items such as PVC, metal fitting, auto parts, optical fibre cable, CCTV camera, IP camera, etc... Read More

To become $5 tn economy, India needs to grow at 8%: Economic Survey

  • 04-Jul-2019

The survey, presented a day before Budget 2019-20, recommends creating a virtuous cycle encompassing private investment, jobs, exports ... Read More

IEEMA expects measures to boost electrical equipment industry growth in budget

  • 03-Jul-2019

The apex association has recommended favourable tax structure to reduce manufacturing cost, zero basic customs duty on imports of CRGO Steel and amorphous alloy ribbon, etc.... Read More