Provide necessary infrastructure and tax exemptions to encourage product development and R&D from India
NBFCs seek level playing field with banks in terms of treatment of NPAs, TDS on deposits, removal of service tax on HP and lease transactions, refinance mechanism akin to NHB etc
The textile ministry, in its Budget wish list, has recommended additional tax benefits and increased interest subsidy for exporters.
The CM also ordered opening of bars, cinema halls, restaurants, spas, swimming pools, gyms, malls, sports complexes, museums, zoos etc, subject to all eligible staff members and visitors having taken at least one dose each of the vaccine.
Finance Minister Pranab Mukherjee on Tuesday met exporters, a day after the release of the April export data which showed the sharpest fall in overseas shipments in 14 years, assuring them he would do his best in the Budget.
The report, released a little over a year after the deadly crash of the Air India Express plane, said the "probable cause of the accident was the non adherence to SOP (Standard Operating Procedure) by the PF (Pilot Flying)".
The government will unveil measures in the Budget for helping exporters who are hit hard by recession in the developed economies, new Commerce and Industry Minister Anand Sharma said on Friday.
More RT-PCR test reports are awaited and the trend shows that the number of infected persons in the Kumbh Mela Kshetra is likely to climb to 2,000.
The 2,75,000 new jobs would cost a monthly Rs 300 crore (Rs 3 billion), officials with knowledge of the development said.
Under the proposed amendment to the environment clearance law, industries can expand simply by certifying that they are not polluting. Among the sectors that will benefit from this procedure are mining, power and petrochemicals, a range of manufacturing industries, in addition to dredging, shipping, port development, building and construction and industrial estates.
The words 'industry', 'industrial development', 'jobs', and 'employment' have been ringing with higher frequency since Mamata Banerjee stepped into her third term with landslide victory after a high-octane election last year. "Our government's next target is industrial development," the chief minister (CM) had been heard stating at different public meetings in the past few months - perhaps setting the tone for the sixth edition of the Bengal Global Business Summit (BGBS) slated for later this month. Investor summits by any state are about intent, big numbers, and tall claims. Yet in competitive federalism, its importance as a marketing tool is undeniable.
The government on Thursday announced the Interim Trade Policy with more incentives to the exporters.
The government would extend to the Maratha community the educational concessions given to OBCs.
The extension of interest subsidy scheme by another six months for loans taken by exporters in labour-intensive sectors was the only fiscal stimulus measure announced in the Interim Budget for 2009-10.
Bihar Police ADG wrote a letter to the Mumbai municipal commissioner, seeking the IPS officer's exemption from quarantine protocols and facilitate his return to Patna to resume his duty.
Army Chief Gen MM Naravane on Wednesday described as 'highly regrettable' the December 4 firing incident in Nagaland's Mon district in which 14 civilians were killed and said 'appropriate action,' as required to uphold the law of the land, would be taken based on the investigation.
On Wednesday, the employees of Satyam lost close to Rs 221 crore (Rs 2.21 billion) after investors dumped the stock. At the end of the September quarter, Satyam employees were holding 5.9 million employee stock options. The unfortunate drubbing of the Satyam stock has raised serious questions about the attractiveness of the stocks held by the employees, which may be affected by any 'uncalled for' action by the company.
India slashes sensitive list for LDCs under SAFTA.
India pulled out of the Women's World Team Squash Championship scheduled to be held in Kuala Lumpur, Malaysia from December 15 to 20 due to "lack of preparation time" and "uncertainties" about travelling amid the COVID-19 pandemic.
Forced out of India due to the rising COVID-19 case count in the country, the IPL will allow unlimited COVID-19 replacements considering the delicate health safety situation across the globe.
Tope's comments came a day after the Centre asked the state to align its order with the SOPs issued by the Union health ministry.
According to SOP, those testing positive will be isolated in a separate unit of an institutional facility.
Manufacturers Association of Information Technology on Tuesday demanded that excise duty should be halved to eight per cent to provide necessary tax incentive to the languishing sector.
Housing sales across top eight cities rose 51 per cent last year, even as the office market continued to slump due to the Covid pandemic with gross leasing witnessing a 3 per cent fall, according to Knight Frank India. Housing sales increased to 232,903 units during last year, from 154,534 units in 2020, but demand was down 5 per cent from the 2019 pre-pandemic levels and 37 per cent lower than the 2011 peak numbers. In the office segment, the gross leasing of office space fell to 38.1 million square feet in 2021, from 39.4 million square feet in the previous year, due to the adverse impact of the second wave of the Covid pandemic.
Kings XI Punjab co-owner Ness Wadia on Friday advocated daily testing of players during the IPL and predicted that the upcoming 13th edition of the T20 league in the UAE will be the most watched in the tournament's history.
A majority of these items - 46 to be precise, relate to textiles, particularly readymade garments.
In a step towards resumption of physical hearings, the Supreme Court on Thursday said that from October 20, all the matters listed on Wednesdays and Thursdays would be heard in physical presence of lawyers and litigants in courtrooms only.
Section 54 provides a tax-free method to convert unaccounted money into accounted money, says Harsh Roongta.
Bharat Sanchar Nigam Limited has decided not to charge any rent from telephone subscribers for the period of disconnection of their telephones.
Relaxation offered to infrastructure projects like transportation or terminal, township, logistics hub.
In a bid to encourage the fertiliser industry to increase its production volumes, the government has extended the system of actual freight reimbursement to all types of fertilisers. Currently, only urea enjoys this concession.
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