Mar 15, 2015 at 16:01 | Source: PTI
According to industry, the govt must reduce the central excise duty on man-made fibre from 12 percent to 6 percent on par with cotton and also remove the 5 percent import duty and 4 percent special additional duty.
Mar 12, 2015 at 11:05 | Source: Moneycontrol.com
CLSA says that the company has implemented 10-25 percent price hikes across key brands and lengths while blended weighted average price hike is seen at 15 percent. Analysts were estimating a 12-13 percent price hike post excise hike seen in Budget 2015.
Mar 08, 2015 at 10:45 | Source: PTI
These imports have continued to rise from 2011-12, when they totalled Rs 59,447.40 crore, to Rs 61,539.01 crore in 2012-13. They reached Rs 74,116.21 crore in 2013-14, according to the government data.
Mar 05, 2015 at 19:20 | Source: PTI
The bank's major business contributors was southern African countries contributing 40 percent followed by SAARC countries about 30 percent while remaining across various geographies.
Mar 01, 2015 at 17:21 | Source: PTI
Though these three firms, under administrative control of the Steel Ministry, had proposed to spend Rs 15,393 crore in 2014-15, these are likely to end up spending Rs 13,077 crore, as per the revised estimate, in the current fiscal.
Feb 28, 2015 at 20:02 | Source: PTI
"The footwear industry is particularly bullish as for shoes having MRP of above Rs 1,000 per pair will now attract half the excise duty by halving the duty from 12 to 6 percent," Liberty Footwear Chief Executive Adesh Gupta said.
Feb 28, 2015 at 19:30 | Source: PTI
In his Budget presented in the Lok Sabha, Jaitley allocated Rs 1389.48 crore as plan outlay, while Rs 151.65 crore was set aside for non-plan for a total figure of Rs 1541.13 crore. Last year the total allocation was Rs 1156.61 crore.
Feb 28, 2015 at 18:00 | Source: PTI
Union Finance Minister Arun Jaitley today announced hike in service tax from 12.36 percent to 14 percent for travel by air in first and business class in the Budget, making it costlier.
Feb 28, 2015 at 17:10 | Source: PTI
Leather footwear priced above Rs 1,000 per pair will cost less as excise duty has gone down to 6 percent from 12 percent earlier. Packaged fruits and vegetables will also become cheaper as pre-cooling, ripening, retail packing and labelling of these items have been exempted from service tax.
Feb 28, 2015 at 16:42 | Source: Reuters
Nominal economic growth figures are not adjusted for inflation. New Delhi estimates real, inflation-adjusted growth for the year to be between 8 and 8.5 percent.