Budget 2016 17 - Latest News, Analysis, Opinion

Latest Articles in Budget 2016 17

Two Years Of Modi Govt | The Expected Sparkle That Failed To Arrive

Barring a few bold steps that remain hampered by obvious lacunae, the NDA government has failed to match the high expectations of the gem and jewellery trade during its two years in office, and a sense of uneasiness prevails across most segments of the industry.

Jewellers Strike: Work Shifts Underground To Meet Wedding Season Demand

BW Online Bureau

Economy India

There is no dearth of work, as designers are busy making ornaments ahead of the wedding mahurat Sawas this month, say jewellers

No Sign Of End To Jewellers' Strike Over Excise Duty

BW Online Bureau

Economy India

The Centre has already constituted a panel under former chief economic advisor Ashok Lahiri to look into the demands of jewellers

Budget 2016: More Work Is Needed

Ketan Dalal

Economy India

There are several tax proposals in the Budget which will lead to simplification and ease of doing business

Union Budget: Social Sector & Infrastructure Are Two Focus Areas

Ajay Srinivasan

Economy India

The targeted spending in areas like farming, rural sector and infrastructure can be gauged from the fact that the budget has set aside over Rs 4 lakh crore for initiatives in these areas, which is 21 per cent of the total budget spend of Rs 19.78 lakh crore

A Libertarian Breach: Case Of EPF Withdrawals

Deepanshu Mohan

Economy Policy Finance & Markets

Even though there is a dire need to move to a pensioned society, coercive policies will only make it difficult for a government in a democratic state framework to survive

Jewellery Sales May Fall 40-50 Tonnes In January-March On Strike: ICRA

BW Online Bureau

Economy India

Jewellery sales is likely to fall by 40-50 tonnes in the January-March period due to the ongoing strike against proposed 1 per cent excise duty on non-silver jewellery, according to ICRA

Jewellers' Strike | One Step Forward?

Stephen Rego

Opinion Columns

The constitution of an official sub-committee to study the issue of the 1% excise duty on jewellery will hopefully lead to a healthy and informed discussion on the unique structure of the industry, the nature of its product and the need for a sector-specific framework while implementing general taxes

Govt To Walk Extra Mile To See Jewellers Are Not Harassed: Jaitley

BW Online Bureau

Economy India

As the jewellers' strike against levy of excise duty entered fourth week, Finance Minister Arun Jaitley on Sunday offered to walk the extra mile to ensure that small traders were not harassed but made it plain that luxury items cannot go untaxed

Govt Not To Coerce Vodafone, Cairn Energy On Retro Tax Case: Arun Jaitley

BW Online Bureau

Economy India

The Finance Minister says companies could pay principal tax amount and get waiver from interest and penalty, or continue litigation

Nation Has To Move To Lower Interest Rates, Says Arun Jaitley

BW Online Bureau

Economy India

Under flak over slashing interest rates on small saving schemes, Finance Minister Arun Jaitley has defended the move, saying the country has to move towards lower interest rates to make the economy more efficient rather than sluggish

Jewellers Call Off Strike; Gold Imports To Rise

BW Online Bureau

Economy India

The gems and jewellery industry is estimated to have incurred over Rs 25,000 crore loss during the last 18 days of shutdown

Missing The Bus?

Vishal Bali

Economy India

The finance minister has done well by maintaining the fiscal deficit at 3.5 per cent of GDP, giving the rural economy a big push and infrastructure the boost.