Global IT consulting and Software Services Company Xavient has demanded tax sops to companies in 2016 budget for encouraging employment. “All eyes are on the Budget 2016-17 this February. One of the very obvious expectation that is taking the rounds is initiated by Prime Minister’s idea of creati…
Union Budget
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 …
It is an extremely pragmatic Rail Budget based on the three critical strategy-pillars | Harshavardhan Neotia, FICCI President
New Delhi, 25 February 2016: Welcoming the Railway Budget 2016-17, FICCI President Harshavardhan Neotia said “it is an extremely pragmatic Rail Budget based on the three critical strategy-pillars, aimed at making railways the backbone of India’s overall development. We compliment Hon’ble Minister…
Railway Budget 2016 pragmatic; new sources of revenues, new norms and new structures appreciable: PHD Chamber
President PHD Chamber of Commerce and Industry, Dr. Mahesh Gupta, has described the Railway Budget 2016-17 a pragmatic one which has well-defined strategies and stresses on modernization, employment generation, freight movement, socio-economic welfare and private participation. “The employment fo…
Rail budget visionary but pending projects need to be expedited for supplementing exports logistics| S C Ralhan, President, FIEO
S C Ralhan, President, FIEO while commenting on the Railway Budget 2016-17 stated that it envisions/conceives the strategy of Nav Arjan – New revenues; Nav Manak – New norms; Nav Sanrachna – New Structures towards achieving its objectives of transforming the railways with the ambitious target of …
Gujarat Budget gives Rs 5,000 Cr subsidies
Gujarat government which has allocated Rs 5000 crore worth of subsidies in this year’s state budget has apportioned Rs 596 crore to revive the ailing MSME units in the state For the ailing MSME sector, a provision of Rs 596 crore has been made, the budget presented to Gujarat finance Minister, Sa…
FIEO’s Budget Proposals envisages enabling & empowering MSMEs
Inverted duty structure in respect of various items including Electronic Goods, Toys and Chemicals may be given due consideration in the Union Budget as it not only effects exports but also the manufacturing sector and adversely hit Make in India. The actual refund mechanism for service tax is c…
MSME Growth to be New Mantra of Govt | President Pranab Mukherjee
President Pranab Mukherjee has indicated MSME development, which has large-scale job creation potential, will be the new mantra of the Prime Minister Narendra Modi Government which presents its second full budget on February 29. In his address to the joint sitting of Parliament, Mukherjee said Mo…
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…
Infrastructure should be main focus of Budget 2016 | Umesh Revankar, MD, CEO, Shriram Transport Finance
Infrastructure should be main focus of this year’s budget. ‘The Make In India’ campaigns success hinges totally on support system and enabling environment. India needs faster & efficient connectivity between ports, railways to the site / plants that would reduce logistics cost which is probab…