The Jharkhand government on May 18 held a ground-breaking ceremony at Hotwar in Ranchi to lay foundation for 21 projects that are expected to attract Rs 700 crore investments and create 21,000 direct jobs and also promised speedy approvals for new businesses. The Momentum Jharkhand: Global Invest…
Before you migrate to GST, these are the 4 key tasks you need to do
With the recent approval of central GST laws and rules by the lower house and the GST Council respectively, implementation of GST in India from 1 July 2017 appears apparent. After knowing the broad structure of GST proposed for India, it is time for the industry to focus on the transition tasks t…
Bahrain’s new fintech fund to invest in Indian start-ups
Bahrain’s new fintech fund will invest in Indian start-ups that have an economic interest in Bahrain. In a bid to speed up its financial offerings in the fintech space, Bahrain has tied up with the Singapore Fintech Consortium to invest in fintech start-ups in the middle-east and Asia region to b…
India-Malaysia share experiences on how to support start-ups & SMEs
With a global focus on providing more support to small and medium scale enterprises (SMEs) – and recognizing that start-ups play a crucial role in creating jobs, growth, exports and innovation within most economies – Asian countries are keen to learn from each other’s experience…
81% items to be taxed below 18% rate under GST: Govt
The Goods and Services Council on May 18 finalised tax rates for 1,211 items with a majority of items being kept at under 18 per cent rates. “GST Council today approved 7 GST rules in a meeting held in Srinagar, while legal committee is looking at remaining 2 GST rules ( return, transition …
GST Council meeting Day 2: Tax rates of services, gold, biscuits, footwear to be decided today
Srinagar: The Goods and Services Tax Council will on May 19 take up the crucial issue of taxation of services as also precious metals such as gold. The council will also decide on taxation of biscuits, footwear, packaged cereals such as basmati. The centre had proposed a rate of 4 per cent on hol…
Consumer start-up EzCred raises more than $1 m in fund
Consumer lending startup EzCred, founded by former Zephyr Peacock India Managing Director Sachin Maheshwari and Zipdial Co-Founder Amiya Pathak, has raised more than $1 million (about `6.5 crore) from a clutch of angel investors in its first round of funding. The investors include Dheeraj Pandey,…
Assocham urges Punjab government to announce comprehensive industrial policy for SME
Chandigarh: Apex industry body Assocham has mooted a proposal to the newly elected Government of Punjab for announcement of comprehensive industrial policy for the small medium enterprise (SMEs) and value addition to agri products. Assocham and Thought Arbitrage Research Institute (TARI) releas…
पंजाब: राज्य में इंडस्ट्रीयल फ्रैंडली वातावरण का अभाव | एसोचैम
देश के प्रमुख उद्योग मंडल एसोचैम ने कहा है कि पंजाब में गत 10 वर्षों में ज्यादा औद्योगिकीकरण न होने का मुख्य कारण प्रदेश में उद्योग मित्र वातावरण का अभाव है। यदि पंजाब को उद्योग क्षेत्र में तरक्की करनी है तो राज्य सरकार को औद्योगिकीकरण प्रोत्साहित करने के लिए कदम उठाने होंगे। इस संदर्भ में [&hell…
Every Assembly segment in Andhra to have MSME parks: N Amaranatha Reddy
Visakhapatnam: The state government is mulling over developing MSME (micro, small and medium enterprises) parks in every Assembly constituency in order to widen the scope of providing employment to the youth of the state, said Minister for Industries and Commerce N Amaranatha Reddy. Talking to th…