archiveBudget 2024

By AJEET GODARA As the announcement of the Union Budget 2024 is around the corner, anticipations run high from various sectors as stakeholders expect healthy incentives to boost economic activities. In recent times, the food and dietary preferences of consumers have changed drastically. This change is attributed to the growing awareness about the implications of chemical and pesticide-induced foods. Beyond food, consumers are now also preferring to use other products that use organic ingredients. The organic food industry has become a major contributor to the national economy and also influences...

By Kanika Bali As the eagerly awaited Interim Budget 2024 approaches, businesses of all sizes, from individuals to industries, are holding high expectations from the government. “Among them, Small and Medium Enterprises (SMEs) are particularly hopeful for significant relief, primarily in Goods and Services Tax (GST) provisions”, says Kanika Bali, Partner, Optimyze Finance LLP, a new age professional services firm based in UK and India. “A key demand from the SME sector is an increase in the minimum revenue threshold for mandatory GST registration. Experts suggest raising it from Rs...