Thrust on Infrastructure to Fire up the Indian Economy, says Mr. Yashwant Sinha “The Union Budget 2015-16 is expected to create virtuous cycle as its thrust on infrastructure investment would spur private sector capital formation and consumption in the overall economy. The recessionary trend in the Japanese,[…]
Read MoreBudget 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[…]
Read MoreThe 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[…]
Read MoreWe 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[…]
Read MoreWe 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[…]
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