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Arun Jaitley

GST to create a unified market, prevent tax-on-tax: Jaitley

The roll-out of GST will convert India into one common market, prevent tax-on-tax and make goods and services cheaper, Finance Minister Arun Jaitley said on Wednesday. Jaitley said he hoped the main Opposition, Congress, will come on board to help in the passage...

CAIT writes to Sonia Gandhi, urges Congress to support GST

Traders body The Confederation of All India Traders (CAIT) on Monday - while seeking an audience with Sonia Gandhi - urged the Congress President to back the GST Bill "so that the much-awaited tax reform could see the light of...

Arun Jaitley rules out roll back of tax on jewellery

Finance Minister Arun Jaitley today announced in the Lok Sabha that jewellery traders will have to pay one per cent excise duty on non-silver jewellery and their demands will not be accepted. "Tax will have to be paid. But we...

Jewellers won't end strike till excise duty is withdrawn

Traders body CAIT and All India Bullion Jewellers and Swarnkar Federation (AIBJSF) on Monday said they will not withdraw their strike till the time the Government rolls back the proposal to impose 1 per cent excise duty on non-silver jewellery. The strike...

Jewellers call off 18-day strike, losses pegged at Rs 70k cr

Finally, the 18-day long strike by jewellers has ended after an assurance by the Government that there will be no harassment by excise officials and no inspector raj. The strike has incurred an estimated loss of Rs 60,000-70,000 crore...

Jewellers rally against excise duty; cloth traders join the strike

To protest against the imposition of 1 per cent excise duty on non-silver jewellery, the jewellers have decided to organise a mega rally. They are demanding the rollback of the excise tax and emphasised that the Government had refused...

Govt woos jewellers, says no trouble from tax dept

As some jewellers have begun to come forward to register themselves with the tax authorities, the Government has decided to move one step forward with them too. It has promised that there will be no inspection of jewellers’ premises...

Budget 2016: Fashion industry voices consumption concerns

The Union Budget presented by Finance Minister Arun Jaitley in Parliament on February 29, 2016 shows a clear focus-shift towards agriculture, rural and social sectors. Undoubtedly, the agriculture sector was both needy and deserving of the significant attention as...

Jewellers strike against excise duty, shut shop

Bullion traders are protesting against a Budget 2016 proposal to levy 1 per cent excise duty on jewellery and have gone on a strike in a nationwide protest, with shops remaining shut for a second day in a row. “Traders...

Budget 2016: First-time home buyers to benefit

Real Estate: The biggest announcement in Budget 2016 with implications for the real estate sector in India was removal of DDT from Real Estate Investment Trusts (REITs). While three of the real estate sector's major expectations - increased HRA deduction,...
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Outdoor clothing brand Gokyo debuts in NCR

The newly opened Gokyo store is located in the Gulshan ONE29 mall New Delhi: Mumbai-based outdoor clothing brand Gokyo has opened...
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