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Budget 2013 news and archive

Apparel

Budget 2013: No major impact on retail sector

While, Budget 2013 does not seem to propose any big bang reforms like 'granting of industry status to retail sector, introduction of GST et al, however, there are certain changes that could have an impact on the market dynamics. While the industry was afraid that the Budget might increase basic excise duty and service tax rates from 12 to 14 per...

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