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ELECTRONICS January 31, 2018 Budget 2018: Home Appliances Makers Call For Lower Taxes, More Incentives
By: Loknath DasPanasonic is looking for a hike in the customs duty for ACE products category such as washing machines. New Delhi: Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the government to lower taxes, give incentives to local manufacturing and increase customs duty on imports. Besides, the ACE (Appliances […]
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ALL DEALS March 11, 2016 Nasscom proposes start-ups be exempt from direct, indirect taxes
By: sristy SahaNasscom also sought steps to increase investments in start-ups. New Delhi: Software lobby Nasscom on Wednesday proposed that all start-ups be exempted from direct and indirect taxes to reduce compliance burden and cash outflows. In its pre-budget recommendations submitted to the finance ministry, Nasscom also demanded removal of so-called angel tax levied on capital receipts. […]