Basics Of Finance
- All
- News
- Videos
-
Tax Exemption On Capital Goods For Making Lithium-Ion Cells For Batteries
Finance Minister Nirmala Sitharaman on Sunday announced an extension of basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for battery storage in the annual budget for the next financial year.
-
What Nirmala Sitharaman Announced For Aviation Sector In Union Budget 2026
Finance Minister Nirmala Sitharaman, presenting the Union Budget 2026 today, announced basic customs duty exemption on raw materials for the manufacturing of aircraft parts for maintenance, repair and other units in the defence sector.
-
No Plan To Merge Dearness Allowance With Basic Pay: Finance Ministry
The government is not considering merging dearness allowance (DA) of central government employees with the basic pay, the Parliament was informed on Monday.
-
Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
-
Finance Ministry Notifies Unified Pension Scheme For Government Employees
The Finance Ministry on Saturday notified the Unified Pension Scheme (UPS) which promises an assured pension of 50 per cent of the average basic pay drawn over the last 12 months prior to superannuation.
-
Sony Announces Layer-2 Blockchain ‘Soneium’ in Collaboration with Startale Labs
Sony is working with Startale Labs to create a layer-2 blockchain called Soneium. A blog published on the official site of Soneium said this blockchain is being designed on the basics of ‘open Internet’ to encourage the creation of decentralised landscape for entertainment, gaming, and finance sectors among others.
-
Nirmala Sitharaman Announces Cut In Customs Duty On Gold, Silver To 6%
Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed a reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
-
Budget 2023: TVs Made in India to Get Cheaper by Up to Rs. 3,000 After Tax Cuts on Imported Parts
Finance minister Nirmala Sitharaman, during her presentation of the Union Budget for 2023-24 on Wednesday, announced reduction in basic customs duty (BCD) on imported parts of TVs to 2.5 percent from five percent. Locally manufactured television sets could thus become cheaper by up to Rs 3,000
-
Will The Cost Of Living Crisis Ease in 2023? Here's What This Report Says
The cost of living means the amount of money that a person needs to buy food, housing, and other basic things.
-
Deposits In Jan Dhan Accounts Crosses Rs 1 Lakh Crore: Finance Ministry
Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark.
-
Tax Exemption On Capital Goods For Making Lithium-Ion Cells For Batteries
Finance Minister Nirmala Sitharaman on Sunday announced an extension of basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for battery storage in the annual budget for the next financial year.
-
What Nirmala Sitharaman Announced For Aviation Sector In Union Budget 2026
Finance Minister Nirmala Sitharaman, presenting the Union Budget 2026 today, announced basic customs duty exemption on raw materials for the manufacturing of aircraft parts for maintenance, repair and other units in the defence sector.
-
No Plan To Merge Dearness Allowance With Basic Pay: Finance Ministry
The government is not considering merging dearness allowance (DA) of central government employees with the basic pay, the Parliament was informed on Monday.
-
Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
-
Finance Ministry Notifies Unified Pension Scheme For Government Employees
The Finance Ministry on Saturday notified the Unified Pension Scheme (UPS) which promises an assured pension of 50 per cent of the average basic pay drawn over the last 12 months prior to superannuation.
-
Sony Announces Layer-2 Blockchain ‘Soneium’ in Collaboration with Startale Labs
Sony is working with Startale Labs to create a layer-2 blockchain called Soneium. A blog published on the official site of Soneium said this blockchain is being designed on the basics of ‘open Internet’ to encourage the creation of decentralised landscape for entertainment, gaming, and finance sectors among others.
-
Nirmala Sitharaman Announces Cut In Customs Duty On Gold, Silver To 6%
Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed a reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
-
Budget 2023: TVs Made in India to Get Cheaper by Up to Rs. 3,000 After Tax Cuts on Imported Parts
Finance minister Nirmala Sitharaman, during her presentation of the Union Budget for 2023-24 on Wednesday, announced reduction in basic customs duty (BCD) on imported parts of TVs to 2.5 percent from five percent. Locally manufactured television sets could thus become cheaper by up to Rs 3,000
-
Will The Cost Of Living Crisis Ease in 2023? Here's What This Report Says
The cost of living means the amount of money that a person needs to buy food, housing, and other basic things.
-
Deposits In Jan Dhan Accounts Crosses Rs 1 Lakh Crore: Finance Ministry
Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark.
