24 May 2019 Over the last few years, Central and State Governments have undertaken a slew of reforms to boost investments and growth. Key challenges for India are sustaining the high growth rates, alleviating poverty and ensuring balanced growth. As India enjoys a federal government system with many areas such…
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Corporate Governance: Adopting the Golden Rules
14 May 2019 As corporates expand their global footprint and seek foreign investments and markets, safeguarding the interests of different stakeholders becomes critically important. To build and sustain investor confidence, corporates need to have transparent and good governance practices in place because mismanagement and false projection can cause immense financial…
Participating in Electronics GVC
09 May 2019 India’s expanding income levels have translated into a growing trade deficit, with imports of electronic products as a key component—electronics imports (under HS code 85) grew to $48.3 billion in 2017-18 (10% of total imports), jumping $10 billion over the previous year and at third rank in…
New Income Tax Act Should Aim at Competitiveness of Indian Industry
29 Apr 2019 In a rapidly transforming global economic environment, the role of the tax structure of economies has gained heightened relevance. Across the world, from advanced economies to emerging ones, tax rates for companies are being slashed to enable sharper competitive advantage. India has also taken note of these developments.…
The Lion Conquers the Forest: Achieving a USD 1 Trillion Manufacturing Economy
25 Apr 2019 Recently, CII partnered with the Government to work on the target of creating a USD 1 trillion manufacturing economy by 2025-26. We brought out a report ‘The Lion Conquers the Forest, India: A USD 1 Trillion Manufacturing Economy’ which looked at how India could become a leading…
People-friendly Budget strikes the right note
11 Mar 2019 The interim finance minister has presented a coherent, purposeful and balanced Budget which is fully aligned towards meeting the social and economic goalposts envisioned for the country. It strives to address the key socio-economic challenges even as it tries to maintain fiscal discipline and strengthen the momentum…
GST will improve our competitiveness
14 Feb 2019 Once again, the GST Council has made important modifications to the GST regime that will reinforce its growth potency. By raising thresholds, lowering frequency of returns and including services under the composition scheme, the Council has boosted ‘ease of doing business’ for small enterprises. India’s reform journey…
A Growth Driver
07 Feb 2019 The Budget provides relief to many sectors The presentation of the Interim Budget is to be seen in the context of various headwinds that are facing the Indian economy, including slower global growth and trade rates, subdued consumption, and farmer stress. At this time, it was necessary…
GST Will Improve Our Competitiveness
14 Jan 2019 The economy will benefit as the tax is ushering in higher transparency, lowering transaction costs and improving compliance Once again, the GST Council has made important modifications to the GST regime that will reinforce its growth potency. By raising thresholds, lowering frequency of returns and including services…
Corporate Connect with Start-ups
27 Dec 2018 Start-ups script the saga of success for a thriving economy. In today’s world, they are the new avenues for creating significant wealth, while simultaneously generating sizeable employment in the quickest possible time. Indian start-ups are deploying different business models, converging market acumen with technological expertise. Some start-ups…