Category Archives: ASSOCHAM

Allow VAT credit on petroleum products or reduce the rates ASSOCHAM to Delhi Govt

ASSOCHAM_IndianBureaucracy

The legislative move by the Delhi Government to increase the Value Added Tax (VAT) on petroleum products to 30 percent from 20 percent will hit the industrial units in the national capital raising the cost of diesel at least by Rs 5 a litre and making the operations unviable, ASSOCHAM has said in a letter to Chief Minister Mr Arvind Kejriwal.

Fuels in the form of … Read More

Indo-Russia Defence ties set for a lift with PM visit: ASSOCHAM

India-Russia

Consequent to India increasing FDI up to 49 per cent in the Defence production, its depth of economic relations with Russia, are expected to see a dramatic change with Prime Minister Mr Narendra Modi’s forthcoming visit to the CIS countries giving an extra push to the strategic ties with the region, an ASSOCHAM study has said. The recent hike in FDI limit… Read More

Defence Technology Absorption Award 2013

DRDO

Defence Technology Absorption Award is given to DRDO’s industrial partners for their support in transformation of technologies developed by DRDO into products/systems/processes for Armed forces. The awards for 2013 was given to

M/s Accord Software & Systems Ltd., Bengaluru, under leadership of  J. M. Sundaresan (CEO) a Masters degree holder in ControlRead More

India supplies Pharma to 200 countries

Medicine

Alongside India building an unenviable reputation of being the pharmacy of the world supplying reliable and affordable medicines to over 200 countries, lesser known fact is that the country has become heavily import dependent on China when it comes to many essential and large volume drugs making us vulnerable to sudden disruption of supplies, an exhaustiveRead More