New Delhi [India], January 23 (ANI/Mediawire): The organized gold jewellery retailers are urging the finance minister to cut gold import duty in the Union Budget 2023-24 as any reduction in duty will help curb gold smuggling, boost exports of gems and jewellery, and empower organised jewelle
Among its proposals, it has suggested increasing duty on the import of aluminium and aluminium products to at least 12.5 per cent. The industry body, which represents India's leading companies across sectors, indicated that this would help curb dumping of aluminium products within the countr
Among the lists of recommendations, the industry body has highlighted the creation of demand or consumption, ease of doing business, reduction in cost of doing business, deployment of the latest infrastructure, strengthening the MSMEs, and supporting the tourism sector, among others.
ACFI now expects that some announcement regarding the extension of the PLI Scheme to more crop protection chemical intermediates will be made in the Budget.
These remarks came days before the Union Budget for 2023-24. The government is in the process of finalising the Budget document to be presented on February 1.
The real estate developers will keep their eyes glued to the upcoming Union Budget for 2023-24. The Union government is in the process of finalising the Budget document to be presented on February 1.
Indian real estate sector has come out of the troubled waters facing strong headwinds caused by the COVID-19 pandemic and has done relatively well in 2022 with the growth outlook for this year projected to be robust.
A jewellery repair policy could make India a global outsourcing service centre and improve its market share which at present is just 3 per cent compared to China's above 9 per cent.
The survey said business leaders, who are chief experience officers (CXOs), in India are confident that Budget 2023-24 will help fuel economic growth across sectors and industries, amid a potential global slowdown and geopolitical instability.
Confronted with challenges stemming from rising foreign imports, a declining market share and escalating costs, aluminium industry representatives have sought government intervention for supportive measures to tide over this challenging phase.