A 10-member Assocham delegation, led by its President R K Somany, will accompany Prime Minister Atal Bihari Vajpayee to China on June 22
Industry representatives recommended that the basic annual exemption limit for individuals should be raised to Rs 1,50,000 from Rs 1,10,000 and the peak income tax rate be cut to 25 per cent, from 30 per cent at present.
The Associated Chambers of Commerce and Industry of India has predicted that the foreign institutional investment inflow into India will touch the $50 billion mark as compared to $40 billion in 2005.
India may be the largest consumer of gold in the world; but not only that the quantity of gold that the country produces is dismal, but it plays no influencing role in determining the pricing of the yellow metal.
The Associated Chambers of Commerce and Industry of India has sought the restoration of Notification in the Finance Bill 2005-06
The aggressive Chinese dragon has taken the textile game away from competitors.
The interim Pension Fund Regulatory and Development Authority on Friday said it will appoint a Central Record-keeping and Accounting Agency and give licence to six pension fund managers to start the new pension regime by December this year.
the Associated Chambers of Commerce and Industry on Wednesday said the country's IT industry is slated to grow by 26 per cent this year driven by strong economic performance.
The export of software and information technology services to Japan could triple to $1,500 million in the near future if Indo-Japan double taxation avoidance agreement is renegotiated.
The pension sector is expected to become the largest financial sector in India in the next five years and there will be a separate law for the sector, a top finance ministry official said on Tuesday.
India is incurring an annual loss of Rs 20,000-30,000 crore (Rs 200-300 billion) due to the problems in the road sector, including overloading and poor maintenance, a World Bank expert said on Thursday.
Unprecedented torrential downpour in Chennai and other parts of Tamil Nadu brought the whole state to a grinding halt.
Capital dumping is being used by foreign e-commerce firms to subsidise and engage in predatory pricing, oil-to-telecom conglomerate Reliance Industries (RIL) has told the Associated Chambers of Commerce and Industry of India (Assocham) in an internal document. The document alleges that this is leading to massive unemployment and financial distress among small merchants and kirana stores. It consists of various recommendations and proposed changes that deal with Press Note 2 of 2018 (PN 2), which RIL wanted Assocham to present to the government, according to sources.
The government has set a direct tax collection target of Rs 13.35 trillion, which includes Rs 7.66 trillion from corporation tax and Rs 5.69 trillion from personal income tax.
The middle income group has been impacted by inflation particularly in context of falling The rupee and its cascading effects on price rise of items like petroleum products and edible oil, according to a survey by apex chamber Assocham.
'His death is an irreparable loss to the nation'.
Assocham-Skymet report says untimely rain may reappear in north India.
The government is also trying to curb child abuse and pornography and such platforms act as catalysts in these cases.
The oil ministry is rejecting the monetisation of new discoveries as their production will not be viable at the present price of $4.2 per mmbtu
According to International Wine and Spirits Research, India's whisky consumption doubled between 2007 and 2012 to about 1.4 billion litres.
The Centre had lowered its estimate of crop damage.
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The Keynesian advice comes after Finance Minister P Chidambaram has said he considers the fiscal deficit at 4.8 per cent of gross domestic product in 2013-14 as a 'red line'.
The government must expand the farm insurance cover and advice banks and financial institutions to settle crop insurance claims in the drought-hit areas without delay.
Needless to say, coaching institutes are unhappy with suggestion.
Private equity players believe it to be lucrative to invest in designer labels.
Companies were consulting law firms and consultants to understand the Bill.
Sebi is examining if speculators and persons acting in concert are behind the huge movements in these stocks
With a surge in users and transactions in two weeks, payment wallets step up cashbacks to get more users online.
India Inc is seeking at least quarterly interactions with senior government representatives to establish a channel of communication and help change the opinion at the highest level.
The meeting will focus on how to make the crisis an opportunity for India.
'Trade cannot take place when there is no trust.'
According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
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