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Budget is a mixture of incremental and path breaking steps: IEEMA

  • 10-Jul-2019

With plans to give further impetus to infrastructure sector, the budget 2019-20 is expected to give a boost to the electrical equipment industry... Read More

Budget 2019-20 is development centric, forward looking: Anil Gupta

  • 06-Jul-2019

One nation, One Grid & the Pradhan Mantri Gram Sadak Yojna will ensure power connectivity at affordable rates, says Anil Gupta, CMD, KEI Industries... Read More

One Nation, One Grid will ensure power availability: Sanjeev Ranjan

  • 06-Jul-2019

Electric vehicles will become affordable to the consumers due to incentives offerd in budget 2019-20, says Sanjeev Ranjan, MD, International Copper Association of India... Read More

Budget 2019-20 is well balanced, says Anil Chaudhry of Schneider Electric

  • 06-Jul-2019

With an eye to boost economic growth and Make in India, the proposal to launch a scheme to invite global companies to set up mega-manufacturing plants is laudable, he added... Read More

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

Govt to set up National Research Foundation to step up R&D

  • 05-Jul-2019

Budget 2019-20 has allocated Rs 400 cr for FY 2019-20 to create ‘World Class Institutions’ in the field of education which is more than three times the revised estimates for the previous year... 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

New-age skills AI, robotics, IoT to be promoted: Budget 2019-20

  • 05-Jul-2019

Under Stand-Up India Scheme, which has been extended till 2025, banks will provide financial assistance for businesses, including for acquisition of scavenging machines, robots... Read More

Budget 2019-20 proposes PPP model for faster development of railways

  • 05-Jul-2019

It is estimated that Rs 50 lakh crores will be needed for railway infrastructure between 2018 and 2030, while capex outlays of Indian Railways are around 1.5 to 1.6 lakh crores per annum... Read More

EV buyers to get benefit of additional IT deduction of Rs 1.5 lakh: Budget 2019-20

  • 05-Jul-2019

To further incentivise e-mobility, budget 2019-20 has exempted customs duty on certain auto components (parts) of electric vehicles... 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

Budget 2019-20 should incentivise biofuel production: Pramod Chaudhari

  • 04-Jul-2019

According to Pramod Chaudhari, Chairman, Praj Industries, the budget should encourage industries to renew their focus on research and innovation to maintain an edge in the market ... 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

We expect budget 2019-20 to give boost to railways: Suramya Nevatia

  • 03-Jul-2019

In the interim budget, railways got the highest-ever allocation for the year 2019-20, says Suramya Nevatia, CEO, Hind Rectifiers Ltd... Read More