The Finance Minister has announced the Budget 2016 largely focused on a healthy dose of circumspection in light of an adverse global economy and a focus on the basic and poorer constituents of the Indian economy. Though there were initial apprehensions on meeting the fiscal consolidation plan, he…
Tag: GST
Budget 2016 | Quotable Quotes
“Finance Minister spent a considerable amount of time in trying to address the rural distress and the difficulties being faced by the farmers. The emphasis on the budget on various schemes and ideas, which including for instance the linking of the MNREGA scheme to rural challenges, is very signif…
Growth liberating Budget sought by Advaiya
Advaiya, a company providing marketing and productivity services to enterprises and technology companies across globe, seeks a budget that delivers on growth with fiscal prudence. The falling oil prices should be taken advantage to bridge the global competitiveness gap and pump-prime the economy …
Budget need to unleash MSME growth potential | PHD Chamber
The Micro, Small & Medium Enterprises (MSME) segment has immense potential to play a significant role to push India’s growth in strong and sustainable growth trajectory, said Dr. Mahesh Gupta, President, PHD Chamber. MSMEs must be facilitated in terms of their credit demand, enhanced scope fo…
Innovation is key for Make In India’s success | Aequs CEO
Aravind Melligeri, Chairman and Chief Executive Officer of Aequs Pvt. Ltd, a Karnataka-based aerospace parts maker, shares his views on the Narendra Modi government’s flagship Make in India programme. Edited excerpts: The Make in India initiative of the government is focused on 25 sectors that al…
Budget 2016 should enable & empower SMEs to be the growth engine of ‘Make in India’ | Raktim Das
A young country with 70% of its population below the age of 30 years, brewing with the spirit of entrepreneurship and a desire to tread the line of ‘Start up India, Stand Up India’ – that’s the new ‘Incredible India’. Juxtapose this with some of the comparative advantages that we enjoy like abund…
ACMA looks forward to a growth oriented Budget
The Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry has stressed on the need for an early implementation of GST in its recommendations to the Government for the forthcoming Union Budget for the year 2016-17. The auto component sector is …
Textile industry seeks sops, excise duty removal
In a bid to salvage the dwindling cotton yarn exports, the textile industry has sought extension of the three per cent interest subvention, along with other export benefits to cotton yarn under MEIS and IES on a par with other textile products from the ministry of textiles. In representations by …
SMEs call for enabling policy to empower e-commerce sector
Small and Medium Enterprises (SMEs) have asked the government to form a friendly policy to liberalise the e-commerce sector. These retailers, who are selling products on e-commerce platforms, want government to treat their virtual shops as technology platform. Recently in a letter to Commerce and…
MSMEs still awaits GST to overcome taxation complexities
Indian Micro Small and Medium Enterprises are demanding adequate measures from the government to protect them from competition from the neighboring countries, especially China. The industrialists have been complaining since long about the complex tax structure in the country. To add to their prob…