KOLKATA: Consumer will have to pay 10% more for imported kitchen appliances and electronic personal care products, and shell out Rs 200-700 more on air-conditioners, washing machines and refrigerators with the budget enhancing taxes on these products or their components. The Budget doubled basic custom duty from 10% to 20% on whole lot of imported products such as food … Read more
New Delhi: For her second budget presentation, Union Finance Minister Nirmala Sitharaman today carried documents in a traditional ‘Bahi-Khata’ (ledger) wrapped in a red cloth, similar to what she carried last year. Dressed in crisp yellow silk saree, accompanied by MoS Finance Anurag Thakur and other officials from her ministry, Sitharam will meet President Ram Nath Kovind … Read more
Even as demonetisation and GST impacted the Indian hospitality sector adversely in 2017, internet startups that aggregate hotels and resorts are demanding a reduction in tax rates in Union Budget 2018. “We expect a forward-looking budget that comes good on reducing corporate tax rates to 25 percent, and effects administrative and tax reforms suggested by Easwar … Read more
Pops of colour were added in the living room with two art deco chairs bought for just Dh65 each Tasked with furnishing a late 19th-century penthouse apartment in historic Budapest, a city I had not previously visited, presented a unique set of challenges. Not least of which was that I had to achieve my buying … Read more