The GST Council’s decision to impose a 3 per cent GST on gold will not only make jewellery costlier but also lead to a higher incidence of illegal gold trade, industry experts have said. They also said bringing the unorganised gold sector into the GST ambit will be a challenge. “With GST, the tot…
Tag: FICCI’s
India Innovation Growth Prog 2.0 to provide funding, incubation & business dev support to start-ups
Strengthening its commitment to foster innovation and entrepreneurship, the Department of Science and Technology jointly with the Lockheed Martin Corporation and Tata Trusts has recently launched the India Innovation Growth Programme (IIGP) 2.0. The programme that has been running since 2007, muc…
GDP Growth Estimated at 7.7% for 2016-17 – FICCI’s Economic Outlook Survey
New Delhi, 30 May 2016: The results of latest round of FICCI’s Economic Outlook Survey puts across a median GDP growth forecast of 7.7% for the fiscal year 2016-17. The growth in 2016-17 is expected to be supported by an improvement in the agricultural and industrial sector performance. Predictio…