ficci

Sustainability of Economic Growth and Controlling Inflation- The Way Forward

Corporate Law - It is my pleasure to speak at FICCI’s National Executive Committee Meeting this year. As many observers have been highlighting, after a relatively long phase of benign, growth-friendly macroeconomic conditions, things have begun to look somewhat hostile on the macroeconomic front. The most significant manifestation of this is the accele...

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IFRS – Euphoria over certain doom

Corporate Law - Many people have articulated about the possible ill-effects of the proposed introduction of IFRS in India but such dissenting voices are muffled in the said euphoric din by those who neither understand nor bother to understand the implications. IFRS...

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Mainstreaming Stakeholder Participation for Inclusive Growth and Development of Indian Corporate Sector

Corporate Law - With the economic reforms that were initiated during the 80s and were further given a new direction in the current decade, the Indian corporate sector has been growing at a rapid pace and has become increasingly integrated with the global economy. While the last decade of the previous millennium had witnessed large scale investments by fo...

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AAR on taxability of an American Institute for rendering certain work and service to FICCI-DRDO Innovation programme

Corporate Law - The services/activities provided by the American Institute to DRDO pursuant to the agreement entered into between FICCI and the American Institute do not fall within the purview of Article 12(4)(b) of the Indo-US DTAA and the payments received by the Institute under the agreement are not liable to be taxed as fees for technical services u...

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Pharma industry to reach USD 55 bn in 3 years; medical tourism major growth driver

Corporate Law - Indian pharmaceuticals market is expected to touch US$ 55 billion by 2020 from the current level of US$ 36.7 billion in 2016 growing at a compound annual growth rate (CAGR) of 15.92 per cent, according to ASSOCHAM-IITTM joint study....

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Learning from UK to create successful innovation ecosystem in India

Corporate Law - Startup report from FICCI cites learnings from the UK to create successful innovation ecosystem in India. A major report on the vibrancy of the startup ecosystem in the UK and its lessons for India’s developing startup scene was launched today....

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Lower tax rates, widen tax base & reform tax administration: FICCI

Corporate Law - In order to reap the long term benefits of demonetisation there is a need to have follow up actions such as providing a boost to demand, lowering of tax rates, widening of the tax base and reforming the tax administration....

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Bank wants reduction in corporate & personal income tax rates

Corporate Law - For the upcoming Union Budget, banks expect the government to boost consumption demand and investment, by way of reduction in corporate as well as personal income tax, and by providing additional deductions under sec 80C and interest on home loans. ...

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Plasticulture can play an important role in judicious usage of water

Corporate Law - Right usage of water is becoming increasingly important given the fact that India currently supports nearly 17.84% of the world population, with 2.4% land and 4% of water resources. At the same time, monsoons are also becoming erratic. ...

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AAR on taxability of an American Institute for rendering certain work and service to FICCI-DRDO Innovation programme

Federation of Indian Chambers of Commerce and Industry, In re (Authority for Advance Rulings) - The services/activities provided by the American Institute to DRDO pursuant to the agreement entered into between FICCI and the American Institute do not fall within the purview of Article 12(4)(b) of the Indo-US DTAA and the payments received by the Institute under the agreement are not liable to b...

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Recent Posts in "ficci"

Pharma industry to reach USD 55 bn in 3 years; medical tourism major growth driver

Indian pharmaceuticals market is expected to touch US$ 55 billion by 2020 from the current level of US$ 36.7 billion in 2016 growing at a compound annual growth rate (CAGR) of 15.92 per cent, according to ASSOCHAM-IITTM joint study....

Read More
Posted Under: Income Tax |

Learning from UK to create successful innovation ecosystem in India

(21/02/2017)

Startup report from FICCI cites learnings from the UK to create successful innovation ecosystem in India. A major report on the vibrancy of the startup ecosystem in the UK and its lessons for India’s developing startup scene was launched today....

Read More
Posted Under: Income Tax |

Lower tax rates, widen tax base & reform tax administration: FICCI

In order to reap the long term benefits of demonetisation there is a need to have follow up actions such as providing a boost to demand, lowering of tax rates, widening of the tax base and reforming the tax administration....

Read More
Posted Under: Income Tax |

Bank wants reduction in corporate & personal income tax rates

For the upcoming Union Budget, banks expect the government to boost consumption demand and investment, by way of reduction in corporate as well as personal income tax, and by providing additional deductions under sec 80C and interest on home loans. ...

Read More
Posted Under: Income Tax |

Plasticulture can play an important role in judicious usage of water

Right usage of water is becoming increasingly important given the fact that India currently supports nearly 17.84% of the world population, with 2.4% land and 4% of water resources. At the same time, monsoons are also becoming erratic. ...

Read More
Posted Under: Income Tax |

Introduce Policy on Retrospective Legislation – FICCI

A major setback to the investment climate in India in the recent times has been the slew of retrospective amendments carried out in the tax laws as a part of the Finance Act, 2012. FICCI believes that is crucial for the Government to declare as a policy that retrospective legislation shall not be resorted to, save in rarest of cases,...

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Posted Under: Income Tax |

FICCI supports proposal to enhance FDI levels in Defence subject to Strategic Safeguards

Consistent with its support of an aggressive policy towards development and employment via the manufacturing sector, FICCI welcomes the proposal put forth by the Ministry of Commerce and Industry to enhance FDI levels in defence beyond 26% to higher levels up to 49%, 74% or even 100% in exceptional cases...

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Posted Under: Income Tax |

Corporate India wants no change in tax rates in 2012-13 Budget

Reeling under the impact of global slowdown and a high interest rate regime, India Inc on Monday demanded that tax rates be retained at existing levels even as finance minister Pranab Mukherjee expressed concerns about challenges facing the economy.In their customary pre-Budget meeting with Mukherjee, industry leaders also demanded that h...

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Posted Under: Income Tax |

Financial Inclusion and Banks – Issues and Perspectives

The importance of an inclusive financial system is widely recognized in the policy circles not only in India but has become a policy priority in many countries. Several countries across the globe now look at financial inclusion as the means of a more comprehensive growth, wherein each citizen of the country is able to use their earning as...

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Posted Under: Income Tax |

Companies Bill, 2009 ready with Cabinet note for legislation – Veerappa Moily

Expressing hope that the Companies Bill, 2009, will be passed by Parliament in 2011, the Corporate Affairs Minister, Veerappa Moily, today said his ministry was ready with the Cabinet note for the legislation. Companies Bill will be passed, if not in this (monsoon) session, (then) definitely in the winter session, Moily told reporters on ...

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Posted Under: Income Tax |
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