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Diamond Development Cess

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Avoid Mini Trade Deal With US

The Budget has given signals that India is sensitive to US needs and willing to walk the extra mile, but if need be, we should respond in equal measure as a sovereign nation, notes Ajay Srivastava.......

Hike in import duty on gold may fuel smuggling

The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. Illustration: Dominic......

28% GST on luxury, sin goods to continue

The government intends to continue with the top GST slab of 28 per cent for luxury and sin goods, but is open to discuss narrowing down the three slabs of 5, 12 and 18 per cent into two, Revenue......

Highlights of Union Budget 2022-23

Finance Minister Nirmala Sitharaman presented her fourth Budget in the Lok Sabha on Tuesday. Illustration: Dominic Xavier/Rediff.com Following are the highlights of the Union Budget 2022-23......

Gems, jewellery: A cut in duty sought

India is home to the world largest diamond processing center and plays a dominant role in the processing of gem and jewellery in the world. It is also largest consumer of gold and silver jewellery......

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