ASSOCHAM seeks relief for exporters on GST issues

ASSOCHAM has suggested examining the impact of the Goods and Services Tax (GST) on exports and impressing upon the GST Council and the government to help exporters receive their tax refunds without any further delay, besides easing rules for the GST administration on exports to maintain the growth momentum.    ASSOCHAM has listed several issues…

25 lakhs workers jobless due to furnace oil ban in NCR: ASSOCHAM

ASSOCHAM has advocated giving adequate time to the industrial consumers to migrate from thefurnace oil and pet coke to gas-based to save the livelihood of over 25 Lakhs workers in the national capital region (NCR).   It is estimated that about 1,000 units directly and nearly 10,000 allied units have been severely impacted by the ban on…

Government exploring options to produce capital; design of recapitalisation process is critical: Dr Y.V. Reddy

The government’s responsibility to produce the capital and the government of India is exploring more options to produce capital, the design of recapitalisation process is critical, Former Governor, Reserve Bank of India, Dr Y.V. Reddy said at an ASSOCHAM event held in New Delhi today.   Delivering the 20th JRD Tata Memorial Lecture under the aegis…

Streamlining taxation & proper implementation of incentive system will help India break into top 50 in World Bank ease of doing business rankings: Minister

Steps like streamlining taxation together with proper implementation of incentive system together with healthy competition among states to attract domestic and global investors will help India achieve the target of breaking into top 50 in the World Bank’s Ease of Doing Business Rankings, Union Minister of State for Commerce and Industry, C.R. Chaudhary said at…