Tag: CNC

Industry sought more from Budget 2016 for MSMEs

Finance Minister Arun Jaitley presented his third and full time second Union Budget. With a demand of supporting “Make in India” campaign and small and medium businesses, he announced a slew of schemes and tax exemptions. The Union budget has focused on farmers, rural infrastructure, agriculture,…

Karnataka SMEs seek separate electricity tariff, urge solar use

Small and Medium Enterprises (SMEs) and Small Scale Industries (SSI) have sought separate electricity tariff. “SMEs and SSI consuming 40HP and below or 2,000 units should be brought under separate tariff plan,” KS Mallappa Gowda, Chairman (Sub-Committee, Energy), Karnataka Small Scale Industries …