Category Archives: ASSOCHAM
India should work closely with the seven-nation BIMSTEC grouping to conclude trade negotiations and attempt early ope-rationalising of the Bay of Bengal free trade agreement (FTA) to give a big push to trade in the region, an ASSOCHAM study said today.
“BIMSTEC FTA may help activate production links among member countries and help in rationalising various… Read More
The Ministry of Housing and Urban Development has written to states government to reduce the stamp duty as it is adding to the burden with a new Real Estate Regulation Bill where the rules are almost ready and will be announcing at any time, union minister, Mr M Venkaiah Naidu said at an ASSOCHAM event held in New Delhi .
The slum clearance is one of important aspect… Read More
Amidst positive indications for a consensus building among the major political parties, including the Congress, the ASSOCHAM has made a strong plea both to the Government as also the principal Opposition party to get the long pending Constitutional Amendment Bill on GST passed in the Rajya Sabha within the first few days of the Monsoon session of Parliament,… Read More
Apex industry body ASSOCHAM said that rise in Wholesale Price Index (WPI) is in line with industry’s expectation as production denoted by IIP numbers released recently showed weak and unstable demand within the industry itself which might have forced the industry to control and manage its overproduction and overcapacity, which is already in existence,… Read More
The government is expecting about Rs. 46,739 crore through TDS from the Delhi region in 2016-17, a top Income Tax Department official said at an ASSOCHAM event held in New Delhi .
“Our target as on date is about Rs. 46,739 crore out of Rs. 1,15, 000 crore overall target for current fiscal”. She further said , TDS system is improving day by day and we are trying … Read More
In order to instil confidence in the global investors and encourage them to retain their interest in the Indian stock market, the government should come out with a clarification that the General Anti-Avoidance Rules (GAAR) would not apply to a Foreign Portfolio Investor (FPI) on redemption and maturity of the Participatory Notes, the ASSOCHAM has submitted… Read More
India’s retail inflation rate rose 5.77% in June driven by soaring food prices, while factory output crawled at 1.2% in May, signs of a wobbly recovery in the broader economy. A high inflation rate will likely weaken the chances of an interest rate cut in the Reserve Bank of India’s (RBI’s) monetary policy review next month.
Retail inflation, a gauge… Read More