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LED lighting product makers to approach govt over custom duty hike on parts; prices to see 5-10% jump
ELCOMA said that after a hike in the customs duty from 5 to 10% on the import of the components, including driver and MCPCBs used while manufacturing LED lights, prices of the locally manufactured goods will go up.
Press Trust of IndiaFebruary 7, 2021/5:19 PM IST -
Business confidence improves with rollout of vaccines: NCAER
The National Council of Applied Economic Research (NCAER) said the BES findings are based on responses from 500 firms.
Press Trust of IndiaFebruary 7, 2021/4:58 PM IST -
Government may increase MGNREGA spend if need arises: Anurag Thakur
In the current fiscal, it has been raised massively from Rs 61,500 crore to Rs 1,11,500 crore to create additional jobs in the rural areas for those who had lost employment due to the outbreak of the COVID-19 pandemic, he said.
Press Trust of IndiaFebruary 7, 2021/4:48 PM IST -
Scrappage policy: Discarding your old vehicle for new will fetch benefits, says Nitin Gadkari
Gadkari said very soon the finer details of the policy will be unveiled by him and exuded confidence that the automobile industry will turn into one such sector that will generate maximum employment opportunities in the near future.
Press Trust of IndiaFebruary 7, 2021/4:36 PM IST -
FM Nirmala Sitharaman rejects Opposition charge of ‘selling family silver’; says govt wants some PSUs to do well
She said the government wants few public sector enterprises in specified sectors to do well, so that "we can ensure that taxpayers money is spent wisely".
Press Trust of IndiaFebruary 7, 2021/4:24 PM IST -
Oxford/AstraZeneca jab effective against UK Covid variant: Study
However, in related findings, AstraZeneca said it is yet to be fully determined whether the vaccine protects against severe disease caused by the highly transmissible coronavirus variant found in South Africa
Press Trust of IndiaFebruary 7, 2021/4:16 PM IST -
Uttarakhand flood: Glacier breaks off at Joshimath, 150 labourers feared dead
“I am constantly monitoring the unfortunate situation in Uttarakhand. India stands with Uttarakhand, prays for everyone's safety,” Prime Minister Narendra Modi said
Press Trust of IndiaFebruary 7, 2021/4:04 PM IST -
For Aam Aadmi, especially senior citizens, government securities could be a boon
Like FDs, income on the G-secs will be taxable. If sold before one year, the income will be taxed at the normal rates
Saibal DasguptaFebruary 6, 2021/8:03 PM IST -
Anurag Thakur: With $590 billion forex reserves in kitty, India now ‘net creditor’
He said the country is witnessing a 'V' shaped recovery post COVID-19 pandemic, which is evident by the GST collection during the past four months
Press Trust of IndiaFebruary 6, 2021/6:19 PM IST
