FICCI Lists Pro-Blockchain Suggestions Ahead of Upcoming Union Budget: Details

FICCI Lists Pro-Blockchain Suggestions Ahead of Upcoming Union Budget: Details

ByNews Polite

The Indian government is set to present the union budget for the fiscal year of 2024-2025 on July 23. Ahead of the upcoming budget announcement, Federation of Indian Chambers of Commerce and Industry (FICCI), India’s non-government trade and commerce body, has extended a proposal to create a blockchain portal that…

Budget 2023: Fully Imported Cars, Including EVs, to Cost More After 10 Percent Customs Duty Hike

Budget 2023: Fully Imported Cars, Including EVs, to Cost More After 10 Percent Customs Duty Hike

ByNews Polite

Fully imported cars, including electric vehicles will cost more with Finance Minister Nirmala Sitharaman announcing hike in customs duty in the Union Budget 2023-24. Customs duty on vehicles in completely built units (CBUs) costing less than $40,000 (roughly Rs. 32.7 lakh) or with engine capacity less than 3,000 cc for…