Finally, Indian Govt. Finance Minister Pranabh Mukherjee decided to roll back the proposed norms on excise duty on jewellery and as a result India’s biggest buyer, Jewellers suspended their 21-day longest strike on Friday.
Recent report has come out after a meeting with Finance Minister in which he assured them that he would address their concerns on a tax on non-branded gold ornaments when Parliament takes up the Finance Bill, 2012. Read more
Once again legal battle is likely to be start between Vodafone and the govt. over the Supreme Court’s verdict in favour of Vodafone.
Two controversial facts came into existence that whether Supreme Court’s judgment would help the govt. to store its refund or it would exempt Vodafone from reverse tax amendment.
As the Union Budget 2012-13 presented in Parliament, proposing tax amendments, the Finance Minister Pranabh Mukherjee held a meeting on Sunday with the Minister of State, Mr Namo Narain Meena, at a post-Budget with industry associations. Read more
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