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NCLT must treat home buyers at par with banks: Assocham

NCLT must treat home buyers at par with banks: Assocham

An Ordinance, if needed, should be brought to amend the Insolvency and Bankruptcy Code (IBC) for protecting the right of home buyers, it suggested.

Working groups on new telecom policy this week

Telecom Minister Manoj Sinha said technologies such as health monitors and smart transport are projected to result in 21 percent increase in machine-to-machine services.

Railway Ministry working with companies like Apple on train speeds

Railway Ministry working with companies like Apple on train speeds

Sharing plans for the future, Prabhu said the government had six-eight months ago called major technology developers working on increasing train speeds to more than 600 km per hour.

Small, medium firms will be more competitive with GST: Assocham

Small, medium firms will be more competitive with GST: Assocham

The Goods and Services Tax (GST) will boost the competitiveness of micro, small and medium enterprises (MSMEs), the Associated Chambers of Commerce and Industry of India (Assocham) said on Sunday, citing its report on the unified pan-India indirect tax regime.

Fire insurance premium may go up post July 1

Fire insurance premium may go up post July 1

Come July 1, fire insurance premium may go up since the insurance regulator is trying to check the insurance players from deep discounting in premium to gain market share.

Defer GST rollout as IT network not ready: Assocham to FM

Industry chamber Assocham on Saturday demanded postponing GST implementation, saying that taxpayers will find it difficult to comply with the provisions of the new indirect tax regime as the IT network is not yet ready.

India Inc disappointed as RBI keeps rates unchanged

India Inc disappointed as RBI keeps rates unchanged

As the RBI left lending rates unchanged, India Inc on Wednesday expressed disappointment saying the central bank has chosen to remain over-cautious about the inflation outlook.

Real estate, retail, logistics to create maximum jobs in India

Real estate, retail, logistics to create maximum jobs in India

Sectors such as construction and real estate, beauty and wellness, organised retail, transport and logistics hold the maximum job potential in India in the near future, according to a report.

GST Council to meet on June 3 to fix more rates: Arjun Meghwal

The Goods and Services Tax (GST) Council will meet again on June 3 to decide on the levy on remaining goods, including gold, footwear and textiles, Minister of State for Finance Arjun Ram Meghwal said on Thursday.

GST to be 'biggest achievement' of Modi govt: Assocham

GST to be 'biggest achievement' of Modi govt: Assocham

The Goods and Services Tax (GST) will feature on the top of the government's list of achievements in the last three years that also saw some other credible measures on taxation and financial inclusion fronts, according to an Assocham report.

India`s IT industry body slams mass layoff reports

Indian software trade body Nasscom on Thursday dismissed widespread media reports of mass layoffs in the country`s hugely important information technology industry but warned that the sector must reinvent itself.

'Domestic opportunity can help IT cos tide over job losses'

'Domestic opportunity can help IT cos tide over job losses'

Amid concerns over job losses in USD 155 billion IT sector, industry lobby Assocham on Wednesday said this is the time for outsourcing companies "to look inward" and focus on the domestic opportunity to curtail layoffs.

Maharahstra accounts for 25% of investments in real estate, construction sectors: Study

Maharahstra accounts for 25% of investments in real estate, construction sectors: Study

Maharashtra accounts for nearly 25 percent of the total investments attracted by real estate and construction industry in India, showed a recent study by industry body Assocham.

E-commerce term may be misinterpreted in GST; fear commodity exchanges may be brought in: ASSOCHAM

E-commerce term may be misinterpreted in GST; fear commodity exchanges may be brought in: ASSOCHAM

The scope of the e-commerce definition as given in the Goods and Services dispensation has been left so wide that it could go well beyond Amazon or Flipkart marketplace platforms and may even cover the commodity exchanges, the ASSOCHAM has said, seeking a clarity from the government so as to remove uncertainty among businesses as the GST is set for a roll out.

826 housing projects in India facing delay of up to 4 years: Report

826 housing projects in India facing delay of up to 4 years: Report

Much to the discomfort of home buyers, as many as 826 housing projects in the country are facing long delays of about three to four years, a study said.

Notes ban to have positive impact on economy: Report

Notes ban to have positive impact on economy: Report

The government's demonetisation move has led to widespread adoption of online payment and is expected to have a positive long term impact on the economy, according to a report.

Enough funds for road building, orders worth Rs. five lakh crore signed, says Nitin Gadkari

Enough funds for road building, orders worth Rs. five lakh crore signed, says Nitin Gadkari

With the National Highway Authority of India having received a mandate from the Budget to raise Rs. 70,000 crore through infrastructure bonds and easy availability of low cost overseas loans for the AAA rated NHAI, the government`s road and highway building programme has enough cash to build the crucial infrastructure, Road Transport, Highway and Shipping Minister Nitin Gadkari has said.

Link BPO promotion scheme with direct tax benefit: ASSOCHAM plea to Govt.

Link BPO promotion scheme with direct tax benefit: ASSOCHAM plea to Govt.

Apex industry body ASSOCHAM has suggested the Union Government to link the India business process outsourcing promotion scheme (IBPS) with direct tax benefit."Government should allow assesses to claim depreciation on assets funded by subsidy under the IBPS," highlighted an ASSOCHAM pre-budget recommendation submitted to the Centre.

Firming of crude prices in global markets will impact fuel prices in India: ASSOCHAM

Commenting on inflation and its impact on fuel prices, industry chamber ASSOCHAM on Monday said the firming of crude prices in the global markets will impact the fuel prices in India.

Digital India? 950 million Indians do not have Internet, says study

Digital India? 950 million Indians do not have Internet, says study

In what could come as a big surprise despite the government's 'Digital India' initiative and the recent pust for digital payment following the demonetisation move, a new study has found that 950 million Indians do not have the Internet.