Rakesh Biyani

Type: Person
Name: Rakesh Biyani
First reported Jul 11 2014 - Updated Jul 11 2014 - 1 reports

Rakesh Biyani, Jt. MD, Future Retail, on Union Budget 2014-15

The Footwear Industry welcomed the small concession offered in the union budget. However, the industry is disappointed that the concessional excise duty has been limited to footwear up to Rs. 1000 only. It believes that this small concession will not ... [Published India Retailing - Jul 11 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 1 reports

Budget could help retail sector by putting GST in place: Rakesh Biyani, Future Retail

ET Now caught up with Rakesh Biyani, Jt. MD, Future Retail, for his views on retail industry's expectations from the Budget in particular and the government in general. Excerpts:ET Now: The NDA government's FDI policy on multi-brand retail is pretty open, ... [Published Economic Times - Jul 04 2014]
First reported Jun 30 2014 - Updated Jun 30 2014 - 1 reports

Textile Min against return to excise on branded garments

The Union ministry of textiles is reportedly opposing the idea of bringing back the excise duty on branded garments, reportedly being considered by the ministry of finance. A 10% excise duty on branded garments was levied in Budget 2010-11 by then finance ... [Published Smart Investor - Jun 30 2014]

Quotes

For many international brands, the current exemption from excise duty provides a big incentive to raise sourcing from Indian manufacturers. "last budget, the government removed the excise duty on branded garments and that should be continued. in fact the government should create more job opportunities in the apparel space and help modernize the sector to make india a global sourcing destination" said Rakesh Biyani, joint managing director Future Retail

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Rakesh Biyani, Jt. MD, Future Retail, on Union ... [Published India Retailing - Jul 11 2014]
Budget could help retail sector by putting GST ... [Published Economic Times - Jul 04 2014]
Textile Min against return to excise on branded... [Published Smart Investor - Jun 30 2014]
Fact Sheet for Pantaloon Retail (India) Limited [Published Silobreaker - Aug 02 2009]
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