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According to Sumit Kumar, Vice President – NETAP, TeamLease, budget 2021 needs to focus on fast tracking NEP implementation, introduction of National Apprenticeship Promotion Scheme (NAPS) 2.0 and easing of license raj to achieve the ambition of 50 per cent GER by 2035Read more
As part of its Budget 2021 suggestions, the Indian aluminium industry has sought Government intervention to curb imports by raising the basic custom duty on primary aluminum and scrap imports to 10 per cent from current 7.5 per cent and 2.5 per cent respectively.Read more
Highlighting his expectations from budget 2021, Rahul Tikoo, MD – India Sub-continent & Polyurethanes South Asia Business, Huntsman Corporation, says, economic growth and changing consumer preferences will unfold new avenues for growth for the Indian chemical sector.Read more
Ravichandran Purushothaman, President, Danfoss India, expects more budgetary provisions for this bourgeoning sector, to build an institutional mechanism to implement the technological transformation process pan India and enable the industry to build skill and capacity.Read more
Alok Kirloskar, Director of Kirloskar Brothers Limited (KBL), expects the Budget 2021 to focus on fast-tracking initiatives, policy changes and incentive packages that will help enhance the share of manufacturing in the economy.Read more
Any seller of any goods whose turnover in the preceding financial year exceeds Rs 10 crore is liable to collect TCS at 0.1% of the sale value (0.075% for Oct 2020 to Mar 2021 period) from the buyer if the buyer purchase goods for the value exceeding Rs 50 lakhs.Read more
India’s exports witnessed a nominal year on year decline of 1.66 per cent to $ 25.97 billion in January 2020 due to global and domestic factors.Read more
According to Gautam Seth, Jt MD, HPL Electric & Power, FM’s announcement to replace energy meters with pre-paid smart meters will help in bring about more financially healthier utilitiesRead more
FM Nirmala Sitharaman proposes allocation of Rs 27,300 crore for industry and commerce in FY21; and raises Customs Duties on number of productsRead more
MSMEs turnover threshold for audit increased 5 times to Rs 5 crore, proposes Rs 1000 crore for MSME funds, increase customs duties on labour-intensive products like footwear, furniture, etcRead more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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