Tag Archives: Arun Jaitley

Corporate tax reduction in budget will help the machine tool industry: IMTMA

Corporate tax reduction in budget will help the machine tool industry: IMTMA

The Indian Machine Tool Manufacturers’ Association (IMTMA) has said that reduction in corporate tax in budget 2018 for entities with a turnover of up to Rs 2.5 billion to 25% is expected to benefit MSMEs as well as the Indian machine tool industry. The association said that the announcement is expected to help the ease

Infra push in Budget 2018 will help the Indian auto sector: Experts

Though there is no specific mention about the automobile industry in the Indian budget, presented by the Finance Minister Arun Jaitley on February 1, 2018, the sector is poised to benefit from the government’s strong focus on boosting infrastructure and connectivity, experts point out. While high tax (GST) on the Electric Vehicle (EV) components still

FADA Budget Wishlist: Resolve issues in and around GST

The Federation of Automobile Dealers Associations of India (FADA) Chief Executive Officer (CEO) Saharsh Damani has said that the association wants the Indian Finance Minister to address the GST concerns of the automobile dealers in the country. Minister Arun Jaitley will present the Union Budget 2018-19 on February 1, 2018. The major concerns of FADA

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