News & Media 2nd Feb 2023

Budget 2023: Tata Steel, Jindal Steel shares climb up to 6% as FM extends duty exemption on inputs

Authors

Harsh ShahPartner | Mumbai

Latest Thought Leadership

Newsletter/Booklets 3rd Sep 2026

Market Matters – The Antitrust Brief – August 2026

Read More
Investment Funds
Alerts & Updates 28th Aug 2026

SEBI Consultation Paper on Exemption from the requirement of mandatory merchant banker appointment for Small-value debt through private placement by certain listed issuers

Read More
international trades
Alerts & Updates 26th Aug 2026

U.S. Expands Iran Sanctions under “Operation Economic Outcast” – New Sectoral Measures and India-Related Measures

Read More
international trades
Alerts & Updates 26th Aug 2026

U.S. Expands Iran Sanctions under “Operation Economic Outcast” – New Sectoral Measures and India-Related Measures

Read More

In the Union Budget 2023, Hon’ble Finance Minister Nirmala Sitharaman announced measures for steel producers which led to the rise in the shares of the steel sector.

Against this backdrop, Harsh Shah, Partner, Economic Laws Practice (ELP) has been quoted in an article titled ‘Budget 2023: Tata Steel, Jindal Steel shares climb up to 6% as FM extends duty exemption on inputs’ published by Business Today. He says, ‘The continuation of exemption for one more year comes as a huge impetus to the secondary steel manufacturing industry in the country, which is estimated to be contributing around 35% to total steel production in India’.

Read the detailed comment here: Click here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.