Allaying investor fears over levy of long-term capital gains tax on share transfer in unlisted companies, the government on February 3 said the move is only to target ‘khoka’ companies and ‘genuine investments’ in startups and through FDI will be exempt. Revenue Secretary …
Tag: FDI
Union Budget 2017-18 will strengthen the economic muscle of the country: Pankaj Patel, President, FICCI
“It is directionally correct, fiscally prudent and strengthens the governance fabric of the nation” Commenting on the Union Budget 2017-18, Pankaj Patel, President, FICCI said “This budget would tremendously strengthen the economic muscle of the country. It is directionally correct, fiscally prud…
Highlights of Union Budget 2017-18
The 2017 Union Budget, presented by Finance Minister Arun Jaitley on February 1, was broadly focused on 10 issues — farming sector, rural population, youth, poor and health care for the underprivileged, infrastructure, financial sector for stronger institutions, speedy accountability, public serv…
Budget 2017: लघु और मध्यम खाद्य प्रसंस्करण इकाइयों को प्रोत्साहित करने लिए हो सकता है ऐलान
सरकार चावल और चाय के क्षेत्र में कार्यरत लघु और मध्यम (एसएमई) खाद्य प्रसंस्करण इकाइयों को प्रोत्साहित करने के लिए और विनिर्माण गतिविधियों को बढ़ावा देने के लिए आगामी बजट में कुछ लाभकारी घोषणाओं का ऐलान कर सकती है। सूत्रों के अनुसार प्रोत्साहन ‘संपदा’ नाम की योजना के जरिए मिल सकता है। इस स्कीम के …
275 Acts increase the risk of non-compliance in SMEs
One of the effects of demonetisation has been the increasing transparency that organizations need to adhere to when it comes not just to transactions, but also to processes. These processes could include ERP systems and adoption of various other technology-driven tools in keeping with the Digital…
Narendra Modi vows more reforms at Vibrant Gujarat Global Summit
Making a strong and impassioned case for reforms which have been initiated during his two-and-a- half years at the helm and those on the anvil, Prime Minister Narendra Modi used the platform provided by the Vibrant Gujarat Global Summit to sell India as the fastest growing major economy in the wo…
Year in Review: 8 moments in 2016 that changed India’s start-up ecosystem
As we stand at the cusp of 2017, it’s time to gather one’s thoughts regarding the year that passed us by. For startups in India, 2016 proved to be the year for consolidation and transition, where entrepreneurial mindset metamorphosed from a gold rush-like mentality into an ecosystem where p…
e-Commerce cos grow revenues, but losses skyrocket
Even without the curbs imposed on them, e-retailers don’t seem to have made too much money in FY16. While for some companies, the losses doubled, for others, it trebled, indicating many of them are simply buying revenues. In other words, they are driving sales by offering customers big discounts …
Demonetisation | Steps to boost spending needed on urgent basis, waiting till budget may prove futile
Demonetisation is not just causing hardships for the common man it is also shifting the focus of the economic policy maker from the future to the near term. Finance Ministry officials are reacting almost every day to address the demonetisation challenges. In the process, they may be losing the pl…
Centre likely to curb FDI in Tobacco sector
The Cabinet will soon make a decision on an industry ministry proposal to put more curbs on Foreign Direct Investment (FDI) in the tobacco sector, aimed at further discouraging tobacco consumption to honour the country’s commitment to the World Health Organization (WHO). An early decision by the …