import duty

Unfavourable levies hit Indian manufacturing: FICCI


August 12th, 2012 - 8:52 pm ICT by IANS
New Delhi, Aug 12 (IANS) Several industrial sectors like tyres, electronic hardware, electrical equipment and medical instruments are suffering due to an unfavourable duty structure which makes Indian manufacturing uncompetitive, ... Read more...

Posted in Business |

Transfer Punjab power plant to Himachal, demands Dhumal


July 13th, 2012 - 7:07 pm ICT by IANS
Chandigarh, July 13 (IANS) Himachal Pradesh Chief Minister Prem Kumar Dhumal Friday demanded that a power house, located in his state but currently under the control of Punjab, should ... Read more...

Posted in Business |

‘Global brands can generate jobs in India’ (With Image)


May 21st, 2012 - 1:35 pm ICT by IANS
New Delhi, May 21 (IANS) International brands can generate job opportunities if their entry into India is facilitated, says Montblanc, a century-old German company known for its timeless luxury pens, ... Read more...

Posted in Life Style |

Levy on unbranded jewellery to be withdrawn: Pranab (Lead)


May 7th, 2012 - 6:50 pm ICT by IANS
New Delhi, May 7 (IANS) Finance Minister Pranab Mukherjee Monday said the government had withdrawn the levy of one percent on the sale of unbranded jewellery initially proposed in ... Read more...

Posted in Business |

Levy on unbranded jewellery to be withdrawn: Pranab


May 7th, 2012 - 5:27 pm ICT by IANS
New Delhi, May 7 (IANS) Finance Minister Pranab Mukherjee Monday said the government had withdrawn the levy of one percent on the sale of unbranded jewellery initially proposed in ... Read more...

Posted in Business |

Gold traders on Akshaya Tritiya high


April 23rd, 2012 - 1:21 pm ICT by IANS
Kolkata, April 23 (IANS) Jewellery makers and gold traders are expecting good business this Akshaya Tritiya compared to last year as sales have picked up before the auspicious day ... Read more...

Posted in Life Style |

Jewellers end strike on promise of duty roll back


April 6th, 2012 - 4:37 pm ICT by IANS
New Delhi, April 6 (IANS) Jewellers across India Friday called off their 21-day strike after being assured of duty roll back from Finance Minister Pranab Mukherjee and Congress president ... Read more...

Posted in Business |

Pranab, jewellers to discuss contentious new levies


April 5th, 2012 - 11:32 pm ICT by IANS
Mumbai, April 5 (IANS) In an effort to break the deadlock over the recent hike in duties affecting the gems and jewelery industry, Union Finance Minister Pranab Mukherjee will ... Read more...

Posted in Business |

Lalu Prasad takes jewellers’ concerns to Mukherjee


April 5th, 2012 - 9:29 pm ICT by IANS
New Delhi, April 5 (IANS) A group of jewellers led by Rashtriya Janata Dal leader Lalu Prasad met Finance Minister Pranab Mukherjee Thursday to press their demand to roll ... Read more...

Posted in Business |

Government invites jewellers for talks


April 4th, 2012 - 9:13 pm ICT by IANS
New Delhi, April 4 (IANS) The government Wednesday said it will hold talks with jewellers who have been protesting for the last three weeks against the budgetary proposals to ... Read more...

Posted in Uncategorized |

Tax hikes to hit household budgets


April 1st, 2012 - 6:45 pm ICT by IANS
New Delhi, April 1 (IANS) Household budgets will be hit hard as the two percent increase in service tax and excise duty contained in the budget for 2012-13 came ... Read more...

Posted in Business |

Pranab urges jewellers to call off shutdown


March 31st, 2012 - 9:56 pm ICT by IANS
Kolkata, March 31 (IANS) Union Finance Minister Pranab Mukherjee Saturday urged jewellers to call off their strike as he is reconsidering the matter of imposing excise duty on unbranded ... Read more...

Posted in Business |

Jewellers resume shutdown in Bengal, demand rollback of excise duty


March 29th, 2012 - 12:10 am ICT by IANS
Kolkata, March 28 (IANS) Jewellers and artisans across West Bengal resumed their indefinite shutdown from Wednesday, demanding rollback of excise duty on unbranded jewellery proposed by union Finance Minister ... Read more...

Posted in Business |

Special package for sericulture farmers being worked out


March 27th, 2012 - 8:51 pm ICT by IANS
New Delhi, March 27 (IANS) The centre in consultation with the states and the Silk Board is working out a special package to address the problems faced by sericulture ... Read more...

Posted in Uncategorized |

Mukherjee rules out roll-back of gold duty hike


March 27th, 2012 - 8:14 pm ICT by IANS
New Delhi, March 27 (IANS) Finance Minister Pranab Mukherjee Tuesday ruled out any roll back of the proposed hike in duty on gold, saying precious foreign exchange was being ... Read more...

Posted in Business |

Jewellers extend shutdown by two more days


March 19th, 2012 - 11:20 pm ICT by IANS
Kolkata, March 19 (IANS) The All India Gems and Jewellery Trade Federation Monday extended by two more days their strike to protest the government's budget proposal to hike basic customs ... Read more...

Posted in Uncategorized |

Hike in import duty on gold: Jewellers body calls for shutdown


March 16th, 2012 - 11:28 pm ICT by IANS
Kolkata, March 16 (IANS) The All India Gems and Jewellery Trade Federation Friday called for a country-wide shutdown March 17 to protest against the government's budget proposal to increase ... Read more...

Posted in Business |

Budget impact: Toyota Kirloskar to increase prices


March 16th, 2012 - 10:16 pm ICT by IANS
Chennai, March 16 (IANS) Japanese-Indian car joint venture Toyota Kirloskar Private Ltd said Friday it would have no option but to raise the prices of its cars following the ... Read more...

Posted in Uncategorized |

Jewellers criticise hike in import duty on gold


March 16th, 2012 - 8:21 pm ICT by IANS
New Delhi/Mumbai, March 16 (IANS) Indian jewellery makers Friday criticised Union Finance Minister Pranab Mukherjee's proposal to increase basic customs duty on standard gold bars, gold coins and platinum ... Read more...

Posted in Business |

Gold to cost more as budget proposes to increase customs duty


March 16th, 2012 - 8:16 pm ICT by IANS
New Delhi, March 16 (IANS) Gold is set to cost more from April 1, 2012 with Finance Minister Pranab Mukherjee Friday proposing to raise import duty on standard gold ... Read more...

Posted in Business |

8,800 km of highway targeted in 2012-13


March 16th, 2012 - 7:28 pm ICT by IANS
New Delhi, March 16 (IANS) Finance Minister Pranab Mukherjee Friday proposed building 8,800 km of highway under the national highways development project (NHDP) for the 2012-13 fiscal."I propose to ... Read more...

Posted in Business |

India raises base import price of gold, silver


February 1st, 2012 - 4:52 pm ICT by IANS
New Delhi, Feb 1 (IANS) India has raised the base import price of gold by 5.7 percent to $556 per 10 grams and that of silver by 12 percent to ... Read more...

Posted in Uncategorized |

Low import duty hits Himachal silk growers (Lead)


December 20th, 2011 - 7:29 pm ICT by IANS
Shimla, Dec 20 (IANS) Reduction in import duty on raw silk has severely hit the domestic industry, impacting the livelihood of over 9,000 farmers engaged in sericulture in Himachal Pradesh, ... Read more...

Posted in Business |

Low import duty hits Himachal silk growers


December 20th, 2011 - 3:15 pm ICT by IANS
Shimla, Dec 20 (IANS) Reduction in import duty on raw silk has severely hit the domestic industry, impacting the livelihood of over 9,000 farmers engaged in sericulture in Himachal Pradesh, ... Read more...

Posted in Business |

Indian electrical equipment industry’s Q2 growth slows


November 11th, 2011 - 11:31 pm ICT by IANS
New Delhi, Nov 11 (IANS) India's electrical equipment industry grew at a slower 4.4 percent during the second quarter of 2011-12 ended Sep 30 against 13.82 percent in the previous ... Read more...

Posted in Business |

MRF Ltd mulls overseas acquisitions


October 10th, 2011 - 8:37 pm ICT by IANS
Chennai, Oct 10 (IANS) Tyre major MRF Ltd, with a revenue of Rs.10,000 crore, is looking to acquire tyre plants and rubber plantations overseas for its growth and to improve ... Read more...

Posted in Business |

Pakistan awaits Indian onions, tomatoes


October 5th, 2011 - 5:23 pm ICT by IANS
Islamabad, Oct 5 (IANS) Pakistan is eagerly waiting for Indian onions and tomatoes after widespread floods ravaged the crops.Thirtyfive containers of onions will reach Karachi in the coming days, Asif ... Read more...

Posted in Business |

Car dealer alleges ‘torture’ by DRI, moves rights panel


September 26th, 2011 - 8:13 pm ICT by IANS
Mumbai, Sep 26 (IANS) A car dealer here has in a complaint to the Maharashtra human rights panel accused the Directorate of Revenue Intelligence (DRI) investigators of "torture" while probing ... Read more...

Posted in Uncategorized |

Hyundai Motor denies duty evasion


August 6th, 2011 - 7:55 pm ICT by IANS
Chennai, Aug 6 (IANS) India's second largest car manufacturer and largest car exporter Hyundai Motor India Ltd Saturday denied evading import duty and said it would contest the tax demand ... Read more...

Posted in Business |

Himachal wants import duty on apples hiked


August 3rd, 2011 - 11:13 pm ICT by IANS
Shimla, Aug 3 (IANS) Himachal Pradesh Wednesday requested the central government to enhance import duty on apples and designate it a 'special product' to protect the domestic fruit industry.State ... Read more...

Posted in Business |

Kerala opposition walks out over rubber import


July 19th, 2011 - 2:10 pm ICT by IANS
Thiruvananthapuram, July 19 (IANS) Staging a walkout in the assembly, the Left opposition in Kerala Tuesday alleged that the central government's decision to import rubber was meant to please the ... Read more...

Posted in Politics |

Hike duty on Chinese apple: Himachal Congress


June 26th, 2011 - 10:46 pm ICT by IANS
Shimla, June 26 (IANS) The Congress in Himachal Pradesh Sunday demanded a hike in import duty on apples to protect the domestic industry."The state is facing tough competition from China, ... Read more...

Posted in Business |

Haldia Petrochemicals on road to recovery: Official


June 15th, 2011 - 11:40 pm ICT by IANS
Kolkata, Jun 15 (IANS) Haldia Petrochemicals Ltd (HPL), a joint-venture of the West Bengal government and the Chatterjee Group, will be on the road to recovery once issues of ownership, ... Read more...

Posted in Business |

Haldia Petrochemicals expects Rs.10,000 crore turnover this fiscal


June 11th, 2011 - 12:50 am ICT by IANS
Kolkata, Jun 10 (IANS) Haldia Petrochemicals Ltd (HPL) is expected to achieve a turnover of Rs.10,000 crore in fiscal 2011-12, a top company executive said Friday."There is turnover growth...this year ... Read more...

Posted in Uncategorized |

Budget frees art from customs’ shackles, frat upbeat


February 28th, 2011 - 8:52 pm ICT by IANS
New Delhi, Feb 28 (IANS) India's art fraternity Monday gave a huge thumbs up to the budget for 2011-12, saying it would free imported art and antiquities from the shackles of ... Read more...

Posted in Business |

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