Budget to Accelerate Growth, says Mr.  Kalantri   The Union Budget 2015-16 presented by the Union Finance Minister, Mr. Arun Jaitley  has provided the much-needed thrust  to infrastructure to accelerate economic growth through the proposed National Investment Infrastructure Fund and a tax free infrastructure bond.  The Budget also[…]

The Railway Budget presented by the Union Minister of Railways, Mr. Suresh Prabhu is far-sighted and aims towards long-term futurist reforms necessary to remodel the Indian Railways. The budget announcements focuses on the development of railway tracks, increase in freight capacity and plans to allocate  Rs. 8.5 Lakh[…]

We understand that the Government is proposing to increase the existing General Sales Tax (GST) to 27%. The AIAI is of the opinion that the General Sales Tax should not be more than 15% to start with.   Mr. Vijay Kalantri, President, All India Association of Industries (AIAI) hopes that[…]

We understand that there is a proposal by the Government to increase the Service Tax rates. The AIAI is of the opinion that if increased, it will have a cascading effect on the inflation. We hope the Government will not increase the Service Tax rate as Industry and[…]