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Council to engage in dialogue with Govt. to roll back excise duty & facilitate ease in business Council avoids strike/protest; yet morally supports GJF & gems & jewellery trade associations Gems and Jewellery Export Promotion Council (GJEPC) today stated that the imposition of 1% excise duty on jewellery (other than plain Silver jewellery) by …
The IIC representation, submitted to MoS Finance Shri Jayant Sinha, appeals to the government to stimulate the impact investment ecosystem Impact investment is estimated to cross $6 billion, or Rs 40,000 crore by 2020, while the annual figure is likely to exceed $1 billion in the next five years New Delhi, 28 Jan, 2015: …
The Government has set a target of 15000 MW of wind power to be installed during 12th Plan period. The capital expenditure for setting up one MW wind power project is approximately Rs.6 crores. A total capacity of 18551 MW from wind energy has already been established in the country. This is around 9% of the total installed power capacity …
The finance ministry is considering a proposal to raise excise duty and service tax by two per cent to 14 per cent each in the Union Budget for 2013-14. The move is likely to help the ministry collect about Rs 30,000 crore. Certain exemptions may also be rolled back. “It is being debated whether both …