Budget 2024: Reduction in GST rates for LED TVs larger than 32 inches expected
Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 in Parliament on July 23. Ahead of the budget, Avneet Singh Marwah, CEO of Super Plastronics Pvt Ltd (SPPL), has sought a reduction in Goods and Services Tax (GST)
Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?
Budget 2024 Expectations Live updates: Finance minister Nirmala Sitharaman's Budget 2024 is less than a week away. The FM will present the Union Budget on July 23 and various sectors are expecting a lot of things from the government. Salaried taxpayers are hoping for major income tax relief with changes in the new income tax regime and standard deduction while other sectors are waiting to see Nirmala Sitharaman's decisions on allocations and expenditure.
Budget 2024 Expectations Live Updates: Will FM Sitharaman Bring Income Tax Relief For Salary Payers? Infra, Rail Capex Also In Spotlight
“To stimulate the economy and tackle rising inflation, the government should focus on strategies that encourage spending and investment. Simplifying GST rules, investing in job training and changing tax brackets for consumers are essential steps. Maintaining the 15% corporate tax rate for new manufacturing units would attract both local and international companies to set up in India. Moreover, expanding the Production-Linked Incentive (PLI) program in the electronics sector can help Indian manufacturers grow.
Union Budget: Electronics players seek comprehensive support for local TV manufacturing
Electronics manufacturers on Thursday urged the government to prioritise comprehensive support for the local manufacturing of electronics, including the television industry, on the lines of mobile devices. While mobile phone manufacturing has benefited from numerous incentives, the TV manufacturing sector, despite contributing nearly $12 billion to the economy, is yet to get its due, they said.
Union Budget: Electronics players seek comprehensive support for local TV manufacturing
Electronics manufacturers on Thursday urged the government to prioritise comprehensive support for the local manufacturing of electronics, including the television industry, on the lines of mobile devices.
Budget Highlights: Ahead of Union Budget, PM Modi chairs high-level meet with economists
Ahead of the presentation of the Budget on July 23, Prime Minister Narendra Modi held a meeting with eminent economists on Thursday. Union Finance Minister and BJP leader Nirmala Sitharaman will present the Union Budget for FY25 on July 23. Following the recent Lok Sabha elections where the BJP did
AI’s unstoppable march and Nothing’s perplexingly complicated CMF Phone 1 pitch
Budget 2024 Highlights: Prime Minister Narendra Modi will meet with prominent economists to seek their perspectives and suggestions for the forthcoming Budget, revealed a senior government official. The Budget for 2024-25, to be presented by Union Finance Minister Nirmala Sitharaman in the Lok Sabha on July 23, marks a crucial economic roadmap for the Modi 3.0 administration. The meeting will include participation from not only economists but also sectoral experts. Among the attendees will be Niti Aayog Vice Chairman Suman Bery and other distinguished members.
Union Budget 2024 Highlights: PM Modi to gather top economists for Budget 2024-25 insights
Budget 2024 Highlights: Prime Minister Narendra Modi will meet with prominent economists to seek their perspectives and suggestions for the forthcoming Budget, revealed a senior government official. The Budget for 2024-25, to be presented by Union Finance Minister Nirmala Sitharaman in the Lok Sabha on July 23, marks a crucial economic roadmap for the Modi 3.0 administration. The meeting will include participation from not only economists but also sectoral experts. Among the attendees will be Niti Aayog Vice Chairman Suman Bery and other distinguished members.
India’s TV Manufacturing Boom: Exclusive Insights from Avneet Singh Marwah
India’s journey into becoming a powerhouse in TV manufacturing is a tale woven with threads of innovation, smart policy decisions, and a strong commitment to sustainability. The introduction of the Production Linked Incentive (PLI) scheme has been pivotal, propelling domestic production by curbing fully assembled TV imports and encouraging local manufacturing of critical components like open-cell panels.
Top 5 Smart TVs Under Rs 25,000 on Flipkart: Best Picks from Xiaomi, Motorola, Blaupunkt, iFFALCON, & Hisense
Craving a home entertainment upgrade but worried about straining your wallet? Flipkart's selection of Smart TVs under Rs 25,000 has you covered. These TVs deliver exceptional value, packing features like high-resolution displays, user-friendly smart functionalities, and immersive sound - all at an affordable price point.
SPPL’s Avneet Singh Marwah on the importance of Blaupunkt’s licensing along with their plans to establish an offline presence
From a commercial perspective, it’s well-known that brands and businesses are constantly looking at ways to expand opportunities. On that note, one strategy that seems to have garnered interest is brand licensing. In simple terms, brand licensing allows a company to use another business’s intellectual property (IP), providing a mutually beneficial way to enhance market presence and drive growth. As per market reports, brand licensing helps drive brand awareness, income channels, advertising streams, among others. In 2023, the global market for brand licensing was valued at approximately $337.61 billion, with growth projections of around $470.55 billion by 2030, with a compound annual growth rate (CAGR) of 4.3% from 2024-30, as per Valuates Reports, a market research report website.
Blaupunkt To Focus On Offline Market And Launch New TVs Soon: SPPL's Avneet Singh Marwah
and Blaupunkt TV. "In the next two months, we will be launching a new TV series from Blaupunkt," Marwah said. According to Marwah, there is a gap in the market for premium affordable TVs and the company is targeting that segment with the upcoming Blaupunkt TVs.