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Government to take steps to correct distorted import duty structure

Government to take steps to correct distorted…

New Delhi, Jul 23 (KNN)  The Department of Heavy Industries will identify certain capital goods segments which have suffered because of distorted duty…
Infrastructure and real estate most prone to corruption

Infrastructure and real estate most prone to…

New Delhi, Jul 23 (KNN) The government and public sector, infrastructure and real estate are most vulnerable to corruption in India perpetuated…

Govt to revive sick textile industry

Govt to revive sick textile industry

Bhopal, Jul 22 (KNN)  The government has planned a slew of measures to revive the textile industry so that  it would create more jobs according to…
Steel industry demands withdrawal of increased import duty on scrap

Steel industry demands withdrawal of increased import…

New Delhi, Jul 22 (KNN)  The steel industry has called for withdrawal of 2.5 per cent import duty imposed on melting and stainless steel scrap, failing…
Rao assures increased MDA and MAI for garment sector

Rao assures increased MDA and MAI for…

New Delhi, July 20 (KNN) The Minister of Textiles, Kavuru Sambasiva Rao has assured increased Marketing Development Assistance (MDA) and Market Access Initiatives…
New textile policy to offer sops

New textile policy to offer sops

New Delhi, July 20 (KNN) The textile sector can reduce India's rising Current Account Deficit (CAD), strengthen rupee and create more jobs if timely decisions…
Jewellery exporters want exemption of import duty on cut, polished gemstones

Jewellery exporters want exemption of import duty…

Jaipur, Jul 19 (KNN)  Gem and jewellery exporters demand removal of import duty on cut and polished gemstones in order to boost trade. 
Worried over falling rupee, small exporters seek PM's intervention

Worried over falling rupee, small exporters seek…

New Delhi, Jul 19 (KNN)   Small exporters in India have sought Prime Minister Manmohan Singh’s intervention in stabilising the falling rupee…
High level panel to hear tax issues of industry groups every Wednesday

High level panel to hear tax issues…

New Delhi, Jul 19 (KNN)  A high level committee headed by Parthasarathi Shome, advisor to the Finance Minister, will meet industry groups, every…
150% deduction in tax computation on skill development expenses

150% deduction in tax computation on skill…

New Delhi, Jul 18 (KNN)  Companies investing in skill development of new employees will be eligible for a tax incentive equivalent to 150 per cent deduction.