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- Exempt steam coal from customs duty: Assocham
New Delhi, Aug 25: Import of steam coal should be exempted from customs duty to make the power generated out of such projects more affordable for the masses, says the industry lobby, Associated....
- ASSOCHAM suggests measures to boost corporate investments
New Delhi, Aug 3: The Associated Chambers of Commerce and Industry (ASSOCHAM) has said tax concessions to companies, better regulation of imports and liberal exit policies are some of the measu....
- Ban export of ore with 60 percent iron content: ASSOCHAM
New Delhi, July 20: India should completely ban exports of iron ore having more than 60 percent iron content in it, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said tod....
- Assocham seeks service tax relief on rural sales
New Delhi: The Associated Chambers of Commerce and Industry of India (Assocham) has urged the government to relieve companies from paying service tax on marketing and sales promotions in rural....
- Economy may grow close to 8 percent in fourth quarter: Assocham
New Delhi: The Indian economy could grow close to 8 percent in the last quarter of the current fiscal, while the overall growth for the year could be between 7.2-7.4 percent, according to an in....
- Stimulus packages helped generate more jobs: Assocham
New Delhi: Stimulus packages offered by the government during the recession helped generating additional employment with 19 percent growth during October-January in the ongoing fiscal, accordin....
- Lower private investments in ports than anticipated
New Delhi: The Indian port sector has attracted only $3.21 billion in investments since the beginning of the current 11th Plan (2007-12), less than a quarter of what is expected for this Plan p....
- Assocham projects high growth for Chhattisgarh
Raipur: The Gross State Domestic Produce (GSDP) of Chhattisgarh is projected to go up by 110 percent in 2020 to Rs.102,19,292 crore from Rs.48,55,112 crore in 2008-09 fiscal, according to a vis....
- Capital flow to West Bengal on despite Singur, Nandigram: Minister
Kolkata: West Bengal Commerce and Industry Minister Nirupam Sen today said investment flow into the state has not dried up because of the violent protests over acquisition of farmland at Singur....
- State need only be facilitator in land takeover: Assocham
Kolkata: Industry forum Associated Chambers of Commerce and Industry of India (Assocham) today said the West Bengal government should only play the role of facilitator while acquiring land for ....
- Shutdowns may impact investments in West Bengal: Assocham
Kolkata: Industry body Associated Chambers of Commerce and Industry of India (Assocham) has expressed apprehension about frequent shutdowns in West Bengal, and warned that such agitations could....
- High taxes hitting food processing sector: Assocham
New Delhi: Taxation of over 18 percent on branded processed agricultural products is adversely affecting the competitiveness of the sector, an industry lobby has said in a report released today....
- Assocham for tax holiday for five-star hotels
New Delhi: The Associated Chambers of Commerce and Industry of India (Assocham) has called for a five-year tax holiday for all hotels including five-star establishments, especially in Delhi and....
- India should aim at $300-bn export target by 2014: Assocham
New Delhi: India must set an export target of $300 billion by 2014 as global economies would recover by then, says the Associated Chambers of Commerce and Industry of India (Assocham).
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- Remove VAT on handloom-based fashion products, govt urged
New Delhi: The Associated Chambers of Commerce and Industry (Assocham) has urged the government to remove the value-added tax (VAT) on fashion products with more than 50 percent handloom and ha....
- Leave corporate salaries to market forces: India Inc
New Delhi: The need for austerity in these trying times is understandable, but India Inc cannot ignore the market forces to determine salaries to attract the best talent in this highly competit....
- Invest 5 percent of provident fund in equities: Assocham
New Delhi: The Associated Chambers of Commerce and Industry (Assocham) has urged the central government to allow the Employees Provident Fund Organisation (EPFO) to invest at least 5 percent of....
- Logistics outsourcing to reach $90 mn by 2012: Assocham
New Delhi: The third party logistics (3PL) business in India is likely to reach $90 million by 2012 from $58 million now, as the model is fast catching up among the country's businessmen du....
- Gold prices may touch Rs.18,000 per 10 gram: Assocham
New Delhi: Gold prices may go up further during the forthcoming festive season to touch Rs.18,000 per 10 gram, according to the Associated Chambers of Commerce and Industry of India(Assocham).
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- Infrastructure companies' tax expenses up: Assocham
New Delhi: Contrary to popular belief, tax expenses of companies with the infrastructure status have gone up by 90.3 percent, a survey released here today said.
According to the Assoc....
- Rice prices zoom 13 percent: Assocham
New Delhi: Wholesale prices of rice rose more than 13 percent in the past one year due to a demand-supply mismatch, says the Associated Chambers of Commerce and Industry (Assocham).
T....
- Offer subsidies to exports sector: Assocham
New Delhi: The government should announce subsidies to the crisis-hit exporters in the forthcoming foreign trade policy to make India's exports sector more competitive, the Associated Chamb....
- Assocham advocates greater transparency for realty industry
New Delhi: To bring transparency in the realty sector, Associated Chambers of Commerce and Industry of India (Assocham) has suggested that it be made mandatory for real estate developers to ope....
- Create Rs.7,500-crore fund for meat and fish industry: Assocham
New Delhi: The Associated Chambers of Commerce and Industry (Assocham) wants the government to set up a Rs.7,500-crore ($1.5-billion) corpus fund for the meat and fish processing industry.
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- Share of manufacturing in exports falls by 18 percent: Assocham
New Delhi: The share of manufactured goods in India's exports declined from 81 percent in 1999-2000 to 63 percent in 2008-09, according to an industry lobby survey released here today.
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- Divestment can raise Rs.80,000 crore: Assocham
New Delhi: The government can raise about Rs.80,000 crore ($16.6 billion) by divesting stake in public sector units, says an industry lobby report.
"Dilution of stake in leading ....
- Bulk of salaries spent on paying loans: Industry group
New Delhi: Even as the average salary has gone up by 30 percent, the actual take-home has fallen 30 percent in the last 10 years on account of monthly loan repayments, a report by an industry l....
- 'India's medical tourism earnings to double by 2012'
New Delhi: Medical tourism can fetch India up to Rs.8,000 crore in foreign exchange by 2012, nearly double than current figures, according to an industry lobby.
"Currently, the ea....
- Western India favoured for corporate investment
New Delhi: Western India remained the most favoured investment destination for corporates in 2008-09, according to an industry lobby report.
The Associated Chambers of Commerce and ....
- Reforms to drive India's growth at 7.2 percent: Assocham
New Delhi: The Indian economy is expected to grow by 7.2 percent in the current fiscal, primarily driven by improvements in consumer sentiment, rural economy, and policy reforms, said an indust....
- Hospitality industry profit falls 64 percent: Assocham
New Delhi: India's hospitality sector has witnessed a fall of 64 percent in profit in the January-March quarter this year, thanks to the economic slowdown, an industry lobby report said her....
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