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Hike GST rate by 1 to 2%, do not levy cess, says Assocham to FM Jaitley
Wed, Nov 02, 2016
Industry chamber Assocham has made a pitch to Finance Minister Arun Jaitley not to levy cess, but hike GST rate by 1 to 2% to garner additional resources to compensate states for any revenue loss on rollout of the new regime from April next year.
Buyers give gold a miss this Dhanteras for this
Fri, Oct 28, 2016
Assocham said, “High gold prices and innovations on the part of jewellery firms, especially the large houses, is driving the change in the fashion trend. Even within gold jewellery, the trend is seen on lower cost wearables, though more needs to be done to tempt consumers. Small items like earring, rings and light bangles see heavy demand.”
Shopkeepers gear up against E-commerce this Diwali
Thu, Oct 20, 2016
Facing heavy competition from e-commerce, mall-owners in major cities are aggressively offering freebies and easy finance options with an hope to win back the footfalls and increase their business.
New development bank to emerge as South-South financial institution
Thu, Oct 13, 2016
Besides green projects, Zhu said that NDB will finance other infrastructure projects as well.
Cauvery water dispute: India's Silicon Valley faces damage of Rs 25000 crore
Wed, Sep 14, 2016
“Violence in the state capital and other parts of Karnataka has severely dented the image of Bengaluru as Silicon Valley of India, home to almost all the Fortune 500 companies,” said ASSOCHAM while making a fervent appeal for peace in both Karnataka and Tamil Nadu.
Farm related firms' earnings to rise on good monsoon: Assocham
Sun, Sep 04, 2016
A host of other firms engaged in fertilisers, seeds, farm equipment, food processing and consumer consumption would immensely benefit from a sizeable improvement in the demand for farm inputs as also higher farmers' income
Officers should give 'best advice' to tax payers: CBDT
Tue, Aug 23, 2016
To clean up tax administration, CBDT Chairperson Rani Singh Nair today promised that the tax department will try to create a regime where people could fearlessly walk up to officers to seek best possible advice.
Veggies prices may shoot up as peak production season ends
Sun, Aug 14, 2016
Vegetable prices rose up to 100% in the April-July period due to low arrivals of the harvest in mandis , Assocham said.
Assocham pitch for standard GST rate up to 20%
Mon, Aug 08, 2016
India's business chamber Assocham has recently said that the standard rate for the Goods and Services Tax (GST) rate in the country should be upto 20%.
No tangible reason for govt to change Fiscal Year: Assocham
Sat, Jul 09, 2016
“The move to change the fiscal year is akin to a situation where the government in its own wisdom decides to change the Indian driving system from right hand driving to the left hand without realising that it would require changing the entire road and street infrastructure along with changes in the design of the automobiles," said Assocham.
FM Jaitley likely to hold meeting on black money on June 28
Mon, Jun 27, 2016
According to sources, FM Arun Jaitley will conduct a meeting at 4 pm on Tuesday.
"Clean up!" Rajan's clear message to banks
Wed, Jun 22, 2016
Rajan last year undertook a massive overhaul of banks' stressed assets, asking each bank to provision for all assets which could potentially sour by March 2016.
India Inc hails FDI norms; Sitharaman says defence FDI will not compromise India's security
Mon, Jun 20, 2016
Welcoming the government's move, India Inc hailed Modi for his decision.
Government will not allow repeat of Kingfisher Airlines: Ashok Gajapathi Raju
Sun, Jun 12, 2016
The government was open to "light handholding" should any airline face financial crunch, he said answering questions during an interview to PTI in New Delhi.
IIP data shows revival a major challenge: India Inc
Fri, Jun 10, 2016
Disappointed over the latest IIP data, India Inc on Friday said industrial revival is going to be a major challenge going ahead but expressed hope that the growth will pick up on account of the recent measures taken by the government. Assocham
Extend incentives for gems, jewellery sector to boost export: Assocham
Wed, Jun 08, 2016
The chamber has also appealed to the government for granting industry status to the gems and jewellery sector to give a fillip to investments.
India Inc looks at banks but will they oblige with rate cuts?
Tue, Jun 07, 2016
RBI retained its inflation projections that it provided in its April policy meeting as it waits for clarity on the monsoon season.
Industry lauds 7.6% GDP growth; expects more in current fiscal
Tue, May 31, 2016
CII said that the high growth in the fourth quarter of 2015-16 supports its prognosis that the economy would "achieve close to 8%" growth in 2016-17.
Breaking bread: It is about time Indian laws are brought up to global standards
Wed, May 25, 2016
A Centre for Science and Environment (CSE) study of 38 bread, buns and pizza base samples in New Delhi that threw up disturbing results on Tuesday. Most popular manufacturers and food chains use known carcinogens in their flour, it stated, and the accused parties have responded saying that they a
Top industry leaders cheer passage of Bankruptcy Code
Fri, May 06, 2016
The new Bankruptcy Code is quite significant as it seeks to provide a framework which will play an extremely crucial role in ensuring insolvency resolution of corporates and individuals, said the CII Director