excise duty
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »
The six-month extension in excise duty concession announced by the Finance minister Arun Jaitley on Wednesday came as a small relief for the capital goods and consumer durables industries; however the economy of the country needs a drastic uplift for the sector to breathe easy. The buying power has reduced which had an adverse effect [...] Continue Reading »
The real estate developers made a charge of cartelisation among cement companies to the Competition Commission of India (CCI). According to the builders agencies, the cement makers have increased the prices by 50 percent in the past six months and by 20 per cent after the Union Budget. Before six months the cost of a [...] Continue Reading »
