by Fashion Value Chain | Jul 25, 2024 | Business & Policy
23rd July 2024; New Delhi/ Gurugram: Observations regarding the 2024–25 Union Budget The Apparel Export Promotion Council Chairman, Shri Sudhir Sekhri, has praised the Union Budget that Union Finance Minister Nirmala Sitharaman presented. “This budget...
by Fashion Value Chain | Feb 4, 2023 | Retail
The Reserve Bank of India’s Central Bank Digital Currency, which is built on a blockchain, is now being accepted in stores for the first time by Reliance Retail. In its Freshpik outlets, the retail behemoth has begun to accept the Digital Rupee. According to ET...
by Fashion Value Chain | Feb 1, 2023 | Retail
“The budget has been well-balanced overall, but some concerns still haven’t been addressed for Startups like us. One of the key concerns for Startups like us is the inverted tax structure. We pay ~18% input tax but get only ~5% output tax. This creates a net...
by Fashion Value Chain | Feb 1, 2023 | Retail
“The Budget 2023 proposals will significantly increase consumption. It has put more money in the hands of the people through relief from Income Tax, which is a very great development. A reduction in income taxes should increase the disposable income of households and...
by Fashion Value Chain | Feb 1, 2023 | Jewelry
“The government has maintained control of the current budget by limiting the deficit within limits, leading to a 4% higher revenue receipt over the revenue expenditure. The gold import duty has remained the same; we expected it to go down by 2.5%. On the other hand,...
