Medium-Term Budget Speech | Calls to prioritise early childhood sector
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Tag Archives: Budget
Budget 2024: Imported high-end phones to get cheaper as India reduces duty
Business new tamfitronics A 5% duty cut in imported mobile phones is likely to reduce the cost of high-end products such as Apple's iPhone Pro and Google's Pixel. The measure isn't expected to impact most other devices as nearly 99% of mobile phones being made in India."With a three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the last six years, the Indian mobile phone industry has matured.In the interest of consumers, I propose to reduce the BCD (basic customs duty) on mobile phones, mobile PCBAs (printed circuit board assembly) and mobile chargers to 15%," the FM said in the Budget speech. The duty, previously at 20%, was originally introduced to support local manufacturing of smartphones.If companies decide to pass on the benefits, imported iPhone Pro models could...
Budget of NASS not up to 1% of National budget – Senator
Politics tamfitronics ABUJA (Sundiata Post) – Yemi Adaramodu, the spokesman of the Senate, has disclosed that the budget of the National Assembly is just one per cent of the country’s budget.Adaramodu explained that contrary to popular beliefs, the legislators do not earn humongous sums as salaries.He stated this on Channels Television’s Sunday Politics.According to him, “Like I said, in the 2023 budget, and our 2024 budget, the budget of the National Assembly is not up to 1% of the whole budget, it’s not up to.“And National Assembly is an arm of government that is the legislative arm of government.”The salaries and allowances of National Assembly members have been matters of intense debate and criticism by Nigerians.Over the years, many have accused them of earning bogus wages and bonuses despite the country’s lean resources. The exact...
Queensland Budget Allocates $15M for Active Lifestyle Promotion | Mirage News
Lifestyle The Minor Infrastructure Program, aimed at helping sporting clubs and active recreation organisations, is receiving an additional $9.5 million through the State BudgetThree other programs under Queensland's 10-year Activate! Queensland 2019-2029 Strategy are also receiving a $5.5 million boostThe Active Clubs program is receiving $1.9 million, the ActiveKIT program is receiving $1.3 million, and the Emerging Athletes Pathways Program is receiving $2.3 millionSporting clubs and active recreation organisations across Queensland are set to deliver infrastructure for their communities with an additional $9.5 million allocated from the State Budget for the Minor Infrastructure Program.The Minor Infrastructure Program is designed to help sporting clubs and active recreation organisations deliver new and upgraded infrastructure projects.Additionally, more Queenslanders will be encouraged to become more active, while more elite athletes will be assisted to reach their potential with $5.5...
