Ahead of the Defence Acquisition Council (DAC) meeting next May 15, industry representatives are meeting the Defence Minister Arun Jaitley on May 11 to discuss issues related to the delay in government’s Strategic Partnership (SP) for defence. The SP policy was to be part of the amended Defence P…
Tag: Puneet Kaura
A good year for SMEs Cut in income tax in budget 2017 most welcome
A cut in income tax by 5% that would benefit 96% of Indian companies and presumptive tax reduction of two percentage point to 6% means the beleaguered SME sector that was hit hard by demonitisation has something to cheer. Announcing the Union Budget for 2017, Finance Minister Arun Jaitley said MS…
New DPP to boost indigenous manufacturing | Puneet Kaura, MD & CEO, Samtel Avionics Ltd.
Prime Minister Narendra Modi’s ‘Make in India’ campaign – launched some time back – is designed to improve and strengthen manufacturing capabilities in India and also act as a strong mandate to foreign players to develop manufacturing units in India. Moreover, the SMEs are also looking at a great…