Initiative emerges Bengal as 1 out of only 2 States offering free GST software; CM assures complete support from govt officials to address concerns
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Tag: Amit Mitra
Will the Environment Ministry order really ruin leather and meat processing industries?
Agra | Kolkata: Off the dusty road, behind the glass front of a rather ordinary building, hundreds of workers are bent over pieces of brown leather. They are cutting them into 22 different shapes that make a Bugatti shoe. Some are crimping the slices; others are skiving them; a few are stitching …
GST Council clears rules, states agree to July 1 rollout
New Delhi: The GST Council has cleared the pending rules, including transition provisions and returns, with all the states agreeing to July 1 roll out of the Goods and Services Tax. “We were discussing the rules and (they) have been completed. Transition rules have been cleared and everybod…
Interest of small businesses protected: GST Panel Chief Amit Mitra
With the Centre and states agreeing to keep traders with turnover of up to Rs 20 lakh out of the GST ambit, interest of small traders has been protected, West Bengal Finance Minister Amit Mitra said on September 23. Hailing the decisions reached at the first meeting of GST Council, he said more t…
French companies to pump in euro 8 bn in India
Bullish on India’s growth, major French companies will be investing about euro 8 billion in the country in next few years. “Leading French companies will invest some 8 billion euros in Indian market over the few years,” French Ambassador to India Alexandre Ziegler said on the si…
All India MSME Forum lauds GST; calls it a remarkable Bill
All India MSME Association (AIMA MSME), one of the representation body recognized by the MSME Ministry for the small and medium enterprises has appreciated the passage of GST Bill by Rajya Sabha on August 03, 2016. “Not just the MSME, but across the industries, I am sure this will give a positive…
GST to cut red tape, help SME sector, says West Bengal Finance Minister
The uniform Goods and Services Tax (GST) is going to benefit Small and Medium Enterprises (SME) the most by way of cutting down bureaucracy and the existing layered tax structure, West Bengal Finance Minister Amit Mitra said. Mitra said SMEs feed large industries and that this is the most labour-…
Mauritius’ Mandala capital to acquire majority stake in EFRAC
Mauritius-based PE firm Mandala Capital has invested $10 million (approximately Rs 67 crore) in an integrated food testing lab start-up in Kolkata EFRAC founded by a clutch of city-based angel investors. The PE firm has agreed to commit another $10 million into the startup after three years provi…