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10 July, 2014
"In view of the current shortage of domestic coal for both steel and power sector, increase in basic customs duty for coking coal from NIL to 2.5% and for Steam and Bituminous Coal from 2% to 2.5% requires to be reconsidered, Seshagiri Rao, MD, JSW S
...
VCC Staff
General
10 July, 2014
"The silence on the new Companies Act is conspicuous, and even if the retrospective tax law is not repealed, a clarification/roadmap for the future would have been appreciated," Haigreve Khaitan, Managing Partner, Khaitan & Co.
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VCC Staff
General
10 July, 2014
Reaction: FM should have also reduced the duty on input raw materials like SS scrap, nickel both of which are not domestically available, says Indian Stainless Steel Development Association
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VCC Staff
General
10 July, 2014
Reaction: The fiscal deficit target for FY15 seems difficult and the path set for fiscal consolidation for the next few years needs to be carefully looked at, says Dun & Bradstreet
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VCC Staff
General
10 July, 2014
Reaction: A saving of Rs 15,450 for a person in the 10% tax bracket, Rs 25,750 for those in the 20% tax bracket and Rs 36,050 for individuals in the 30% tax bracket, says FundsIndia.com
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VCC Staff
General
10 July, 2014
Reaction: Indian jewellery Industry disappointed as the FM did not consider their plea of reducing the import duty component on gold and also abolish the stringent 80:20 norms
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VCC Staff
General
10 July, 2014
Reaction: With the mining activity expected to pick up, we also expect a demand trigger for the commercial vehicles, which has been seeing negative growth till now," Shriram Transport Finance Company
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VCC Staff
General
10 July, 2014
Reaction: Promoting home-buying a huge fillip as India suffers a huge housing shortage of close to 63 million units, says DHFL
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VCC Staff
General
10 July, 2014
Reaction: FM's commitment to stick to 4.1% fiscal deficit target inspite of oil crisis, poor monsoon is commendable but a bit ambitious: KPMG
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VCC Staff
General
10 July, 2014
Reaction: Whilst a budgeted fiscal deficit of around 4.1% in 2014-15 is around expected line, the good news is the roadmap to get it down to 3% in a phased manner over the next two years, says KPMG
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VCC Staff
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