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

One nation, One Grid & the Pradhan Mantri Gram Sadak Yojna will ensure power connectivity at affordable rates, says Anil Gupta, CMD, KEI IndustriesRead more

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

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

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 issuanceRead more

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

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

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

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 annumRead more

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

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

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

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

In the interim budget, railways got the highest-ever allocation for the year 2019-20, says Suramya Nevatia, CEO, Hind Rectifiers LtdRead more

We expect more focus on renewable energy in budget 2019-20: Anil Gupta

Tax rebates, better rate of interests, etc will help India to achieve 175 GW capacity target in renewable energy by 2022, says Anil Gupta, CMD, KEI Industries LtdRead more

AAI recommends increase in import duty on aluminium

Due to lack of policy support, 23 lakh tonnes of aluminium (ie, 58% of India's demand) were imported in India in FY19, resulting in a forex outgo of Rs 38,000 croreRead more

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