Central Excise on Jewellery

In the year 2005, the Union Govt. has introduced the Central Excise Duty @ 2% on branded Jewellery. However, there was mere collection of Rs. 16 Crores only till 2008 and therefore in the year 2009, it was withdrawn. Again in the Union Budget 2011, the duty was re-introduced @1% on branded precious metal jewellery.[…..]

Union Budget 2016

It is our immense pleasure to present the wide analysis of the Finance Bill 2016 (Union Budget 2016) in the very next morning of the Budget Speech. Our analysis has covered the major aspects presented in the Budget and the analysis has been manifold in the various groups viz. – Relief to the Small Tax[…..]