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RIL's Hazira plant under lens for alleged excise duty evasion

RIL's Hazira plant under lens for alleged excise duty evasion

New Delhi: Reliance Industries Ltd's (RIL) Hazira manufacturing unit in Gujarat has come under the scanner of central revenue authorities for alleged excise duty evasion of at least Rs 25 crore.

Jewellers welcome govt decision on excise duty exemption limit

Jewellers welcome govt decision on excise duty exemption limit

The government's decision to exempt small scale jewellers from excise duty will give a boost to the trade, the gems and jewellery industry said Thursday.

 

Relief to jewellers; SSI exemption limit hiked to Rs 10 crore

Relief to jewellers; SSI exemption limit hiked to Rs 10 crore

In a relief to jewellers, the government increased excise duty exemption limit for small scale industry to Rs 10 crore from Rs 6 crore, waived the levy on sale of traded goods and relaxed various procedural norms.

Jewellers call off 42-day strike after govt's assurance

Jewellers call off 42-day strike after govt's assurance

Jewellers in the national capital on Wednesday temporarily called off their 42-day strike, demanding rollback of proposed excise duty on non-silver jewellery, for 12 days after the government's assurance that there will be no harassment by excise officials.

Excise duty an assassination attempt on small traders: Rahul Gandhi at Jhaveri Bazar in Mumbai

Excise duty an assassination attempt on small traders: Rahul Gandhi at Jhaveri Bazar in Mumbai

Jewelers have been on strike since March 2 demanding a rollback of proposed 1 percent excise duty on non-silver jewellery.

Jewellers strike goes on for another day

Jewellers strike goes on for another day

The festival of Gudi Padwa lost some sheen as jewellers' strike stretched for another day demanding rollback of one percent excise duty on non-silver jewellery.

No sign of end to jewellers' strike over excise duty

No sign of end to jewellers' strike over excise duty

Jewellers, bullion traders and artisans in several parts of the country continued their indefinite strike today demanding rollback of 1 percent excise duty on non-silver jewellery.

Jewellers strike enters 34th day against excise duty

A large number of jewellery establishments in the country remained shut for the 34th day today to protest against one per cent excise duty on non-silver jewellery.

Bullion markets shut for 30th day protesting excise duty

Bullion markets shut for 30th day protesting excise duty

Bullion and jewellery traders in several parts of the country, including Delhi and Kolkata today continued their strike for the 30th day, demanding roll back of 1 percent excise duty on non-silver jewellery proposed in the Union Budget.

Arvind Kejriwal asks President to help jewellers on excise duty issue

 Delhi Chief Minister Arvind Kejriwal on Tuesday met President Pranab Mukherjee and asked him to intervene on the NDA government's budget proposal to impose one per cent excise duty on non-silver jewellery.

Excise duty on jewellery: Jewellers not to withdraw strike

Excise duty on jewellery: Jewellers not to withdraw strike

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

Jewellers' strike: Kejriwal wants counterparts to write to Modi over excise duty rollback

Jewellers' strike: Kejriwal wants counterparts to write to Modi over excise duty rollback

Delhi Chief Minister Arvind Kejriwal has urged his state counterparts to write to Prime Minister Narendra Modi demanding a rollback of the 1% hike in excise duty on non-silver jewellery.

VAT collection has crossed Rs 20,000 crore: Delhi govt

VAT collection has crossed Rs 20,000 crore: Delhi govt

Delhi government today said VAT collection in the ongoing financial year has crossed Rs 20,000 crore, close to its revised target of Rs 21,000 crore.
 

Kejri writes to CMs over rollback of excise hike on jewellery

Kejri writes to CMs over rollback of excise hike on jewellery

Delhi Chief Minister Arvind Kejriwal today urged his state counterparts to write to Prime Minister Narendra Modi demanding a rollback of 1 per cent hike in excise duty on non-silver jewellery.

Kejriwal asks CMs to oppose excise duty on jewellery

Finance Minister Arun Jaitley, in his budget speech, had proposed levying one percent excise duty on non-silver jewellery. 

Jewellers protest against excise duty in Ghaziabad

Jewellers protest against excise duty in Ghaziabad

Jewellery traders numbering over a thousand on Saturday stopped a train at Ghaziabad Junction protesting against the excise duty imposed on gold and diamond jewellery in union budget 2016.

Jewellers strike against excise duty continues for 24th day

Jewellers strike against excise duty continues for 24th day

However, most of the jewellery showrooms in Tamil Nadu remained open today for regular trading.

Jewellers continue their strike for 22nd day

Jewellers continue their strike for 22nd day

Many jewellery houses in the country including in Delhi are closed since March 2 after Finance Minister Arun Jaitley announced one percent excise duty on non-silver jewellery in the Budget.

 

Won't call off strike, but ready for alternate tax: Jewellers

Won't call off strike, but ready for alternate tax: Jewellers

Gold traders and jewellers, whose pan-India strike continued for the 17th day on Friday, said they would not call off their indefinite strike till the government rolls back one per cent excise duty, but expressed willingness to pay tax in some other form. 

Late buying helps Sensex jump 131 points ahead of Fed's outcome

Fag-end buying saved the day for the domestic market as BSE Sensex reversed all of its early losses to settle 131 points higher at 24,682.48, tracking a strong opening in Europe as investors awaited the US Federal Reserve's policy meet outcome.