Search Results for: Indirect Taxes

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Budget Session: What to Expect

The Budget session that will kick off on July 7 is anticipated to hold both, 'bitter pills' as well as positive announcements. Here is a list of the probable positives that may come out of the session. Jun 24, 2014
World No Tobacco Day

Five Things to Expect from Union Budget 2014-15

With just a few weeks to go for the Budget Session to kick off in the Parliament, several proposals have been put forth to the government. We have highlighted five things to expect from the Budget if the proposals are accepted. Jun 21, 2014
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Corporate honchos discuss measures for economic growth with Finance Minister ahead of budget 2014

New Delhi, June 07 (ANI): Top business tycoons discussed growth in manufacturing sector, creation of non farm jobs and employment centric policies with Union Finance Minister Arun Jaitley to boost economy, during the pre budget meet in New Delhi. Federation of Indian Chambers of Commerce and Industry (FICCI), President Sidharth Birla advocated measures to improve manufacturing sector for an overall economic growth. Chairman of the board, Videocon Industries Ltd, maker of electronics and home appliances, Venugopal Dhoot said that GST would usher in a new indirect tax regime which would subsume levies such as excise, service and local taxes. Chairman and Managing Director of Biocon Limited, a biotechnology company based in IT hub Bangalore, Kiran Mazumdar Shaw was hopeful that the new government would fulfill its commitment towards economic growth. Jun 7, 2014
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Traders bank on business-friendly PM Modi for revival of diamond industry

Surat, June 05 (ANI): Traders in Gujarat pinned hopes on business-friendly Prime Minister Narendra Modi for revival of diamond industry. Diamond traders said that they were hopeful that their concerns of turnover taxes and relief packages for diamond workers will be addressed by the Modi-led government. Shortage of labour is affecting cutting and polishing jobs in Surat's diamond industry and the skyrocketing prices of raw diamonds is a key factor leading to thousands of workers moving away from the diamond industry to other businesses. Jun 5, 2014
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AirAsia India to start flying from June 12, says CEO

Chennai, May 30 (ANI): Chief Executive Officer of AirAsia India, Mittu Chandilya, on Friday said that the first maiden flight would start on Bangalore-Goa route from June 12 with an airfare of $ 16.755 inclusive of taxes. Chandilya, while addressing a news conference in Chennai, said operation on further routes will also be started very soon including one on Bangalore-Chennai route. May 30, 2014
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Health Minister's clarion call for students to campaign against tobacco consumption

New Delhi, May 30 (ANI): Health Minister, Dr Harsh Vardhan, flagged off a rally of school students in New Delhi on Friday, a day ahead of 'World No Tobacco Day' to draw attention towards the health risks associated with tobacco consumption. The rally was part of the activities taken up by the Ministry of Health and Family Welfare along with the WHO, to mark the 'World No Tobacco Day' in order to promote the theme 'Raise taxes on tobacco to reduce tobacco consumption' for this year. Globally, every year, 31st May is observed as World No Tobacco Day. Interacting with participants of the rally, he said that the health ministry is working towards advocating policies that could help reduce tobacco- related health risks and ensuring at the same time that the laws implemented by the state governments are made people friendly. He further added that the rally is organized to spread awareness, especially among students, so that they come forward and campaign against tobacco in India. May 30, 2014
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