Adding heft to the rising concerns regarding the initial impact of the Goods and Services Tax (GST), especially in the SME (Small and Medium Enterprises) sector, Rajya Sabha MP and Essel Group Chairman Subhash Chandra on June 17 requested the government not to take any action for non-complia…
Tag: taxation
Budget 2017: Float feasible policies to smoothen business challenges for SMEs
Indian SME is undoubtedly a strong contributor to the economy. The SME sector generates significant employment while inputting considerably to the industrial output. While the union government continues to float policies and schemes to smoothen business challenges for the SME, there are further h…
Indian Industries Association sets up development centre for MSMEs in Lucknow
Indian Industries Association (IIA) has set up an IIA MSME Development Center (IMDC) at its head-office in Vibhuti Kand, Gomtinagar in Lucknow. Vikram Singh (Ex DGP UP) and a Pro- Chancellor, Noida International University who is a renowned speaker and trainer on man management team building, cri…
Domestic e-Commerce market may grow to $102 billion by 2020
The domestic e-Commerce (B2C) market could grow to almost $102 billion by 2020 from $16 billion in 2015, according to the latest report by the Confederation of Indian Industry (CII) and consultancy firm Deloitte. The number of online shoppers could rise to 220 million by 2020 from 39 million in 2…
Amidst a muted global economic scenario, this growth is encouraging | FICCI President on Eco Survey 2015-16
New Delhi, 26 February 2016: The Economic Survey 2015-16 tabled today in the Parliament has highlighted that India’s potential growth rate is in the range of 8 to 10 percent and achieving the same requires a push in three critical areas which are promoting entrepreneurship and reducing the role …