Ask NRIs to increase remittances: Assocham New Delhi, May 13: Increasing internal demand and motivating expatriates to send home more remittances may solve the Indian economy's problems due to a depreciating rupee, an industry lobby....
Assocham for tax sops to promote SEZs Bangalore, April 22: Tax exemptions and related benefits were imperative to promote special economic zones (SEZs) across the country as they account for 30 percent of total exports and provide ....
Lowering of sales tax on jet fuel required: Assocham New Delhi, Dec 29: Lowering of sales tax on jet fuel, upgradation of airport infrastructure and allowing foreign capital by international airlines in domestic carriers are required for the civi....
Assocham for state's role in land acquisition for industry Kolkata, Oct 9: Disagreeing with the West Bengal government's view that it has no role to play in land acquisition for industrial projects, industry body Assocham today said if the governem....
Assocham proposes national poll fund for parties New Delhi, Jan 2: In a bid to stem out corruption and inflow of black money during election campaigns, an industry lobby has asked the government to create a national fund supported by budgetar....
Huge number of Indian youth remain unemployable, says report New Delhi, Dec 26: Rapid economic growth in the country is expected to generate 10-15 million jobs by next year but lack of suitable skilled candidates poses a major threat, a leading industry ....
Telecom sector needs policy certainty: Assocham president New Delhi, Dec 12: Even though the Indian telecom industry is growing the fastest in the world, a stable policy framework is crucial to maintain the expansion and avoid scams like the one over ....
Prices of essentials rose 18 percent in one year: Assocham New Delhi, Oct 10: Prices of commodities like condiments and spices, eggs, fish, meat, tea, wheat, pulses and coffee rose by 18 percent in the one year between August 2009 and 2010, an industry....
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....
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....
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....
