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  • Gitanjali Export sees prices going up 1.5% for consumers

    In a relief to jewellers, the government increased Small Scale Industry exemption limit to Rs 10 crore from Rs 6 crore. Sanjeev Agarwal, CEO of Gitanjali Export Corp, said that from the manufacturer's point of view, it means more paperwork.

  • Relief to jewellers; SSI exemption limit hiked to Rs 10 cr

    Accepting of recommendations of a panel, the Finance Ministry today said no excise audit will be carried out, for the first two years, for units whose duty payment is less than Rs 1 crore (that is turnover of manufactured goods less than Rs 100 crore).

  • New FDI clarifications irk Indian retail bodies

    Retail bodies in the country were miffed at the policy's ambiguity and untenable nature after the clarifications issued by the cabinet to DIPP's queries on FDI in multi-brand retail.

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