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CII

Focus of Budget is on tax compliance: CBDT

The Union Budget 2017-18 focuses on increasing tax compliance while at the same time safeguarding the honest tax payers from any harassment, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said on Monday

'MSMEs manufacturing excellence imperative for global competitiveness'

Manufacturing excellence and quality upgradation of Indian micro small and medium enterprises (MSMEs) are imperative for MSMEs aspiring to attain global competitiveness, Minister of State for MSMEs Haribhai Parthabhai Chaudhary said.

Budget 2017: Privatise 100 PSUs, develop 50 stations via PPP model by end of 2017: CII

Budget 2017: Privatise 100 PSUs, develop 50 stations via PPP model by end of 2017: CII

In the wish-list to Finance Minister Arun Jaitley before budget, CII has asked for Privatisation of 100 PSUs, including sale of Air India and Ashoka Hotel, and developing 50 train stations with private participation by 2017-end.

Digital advertising in India to surpass Rs 255 billion mark in 2020

Digital advertising in India to surpass Rs 255 billion mark in 2020

Growing at CAGR of 33.5 percent, digital advertising in India is all set to surpass the Rs 255 billion mark in 2020, a CII-KPMG report said.

Budget 2017: CII calls for smooth tax dispute settlement proviso

Budget 2017: CII calls for smooth tax dispute settlement proviso

Industry chamber CII said on Sunday that the upcoming budget should provide for an effective and smooth taxation dispute settlement mechanism towards minimising disputes and reducing unnecessary litigation.

Budget 2017: CII Eastern Region expects FM Jaitley to step up capital expenditure

Budget 2017: CII Eastern Region expects FM Jaitley to step up capital expenditure

Ahead of the Union Budget on February 1, CII Eastern Region on Saturday hoped that the government would increase its capital expenditure substantially and overhaul tax structure to cope with the emerging situation.

Indian companies very much part of American fabric: CII

Indian companies very much part of American fabric: CII

Industry body CII on Saturday said Indian companies are very much part of the fabric of America and stand ready to work with US President Donald Trump going forward.

Mining sector can add $70 bn to India's GDP in next 15 yrs:CII

A vibrant mining sector has the capacity to spur growth and add up to USD 70 billion to the country's economy as well as generate 60-70 lakh jobs, a report by industry body CII said.

Expect Cairn-Vedanta merger by this fiscal-end: Anil Agarwal

Expect Cairn-Vedanta merger by this fiscal-end: Anil Agarwal

Mining mogul Anil Agarwal on Thursday said the merger of his group's cash-rich oil subsidiary Cairn India with parent firm Vedanta is likely to be completed by the end of this fiscal.

MP CM Chouhan rolls out red carpet for US firms

Chouhan, who is currently on a five-day visit to the US, addressed business leaders, executives and analysts  in New York.

CM Chouhan in US to woo investors, says MP 'ideal' for investment

Describing Madhya Pradesh as an "ideal investment destination", CM Shivraj Singh Chouhan has said he would seek investment from US companies.

India Inc hails passage of GST Bill in Rajya Sabha

India Inc hails passage of GST Bill in Rajya Sabha

Cheering the passage of the GST Bill in Rajya Sabha, India Inc Wednesday said roll out of the much-awaited indirect tax reform will contribute significantly to the growth of the economy and bring down the overall cost of goods and services.

Almost 75% of startups globally will fail: Kris Gopalakrishnan

Almost 75% of startups globally will fail: Kris Gopalakrishnan

Infosys Co-Founder and former CII President Kris Gopalakrishnan Tuesday said almost seventy percent of startups globally will fail and only five to ten percent will become large and scale up.

Finance Minister Arun Jaitley to meet industry chambers, CAs on black money window

Finance Minister Arun Jaitley to meet industry chambers, CAs on black money window

Finance Minister Arun Jaitley will meet industry associations tomorrow to clear doubts about the four-month window provided to holders of undeclared wealth to come clean.

CII lauds opening up of FDI, says it will encourage global brands

CII lauds opening up of FDI, says it will encourage global brands

Welcoming the landmark decision to open up the FDI regime during a meeting chaired by Prime Minister Narendra Modi, the Confederation of Indian Industry (CII) on Monday said the relaxation of local sourcing norms under single brand retail trading for advanced technology products would encourage global brands to build up their participation in the country.

India's foreign policy change opens new avenues for businesses

India's foreign policy change opens new avenues for businesses

Washington: Change in India's foreign policy has not only opened up "new avenues" for Indian businesses globally, but also allowed them to shed the earlier "defensive outlook", a leading Indian trade body has said.

'Govt needs to speed up reforms to push economic growth'

'Govt needs to speed up reforms to push economic growth'

Government needs to speed up implementation of GST, address the issue of cheap imports and improve investment climate as majority of sectors are witnessing 'moderate' growth, says a CII survey.

Industry lauds 7.6% GDP growth; wants more in current fiscal

After an impressive 7.6 percent GDP growth in 2015-16, industry Wednesday said the economy should expand at even a faster pace in the current fiscal on various reform measures and on expectations for a good monsoon.

GST deadlock: Weight of directly elected house must always be maintained, says FM Jaitley

GST deadlock: Weight of directly elected house must always be maintained, says FM Jaitley

Jaitley, who in May last year stated that Indian democracy faced a serious challenge with an 'indirectly elected' Upper House questioning the wisdom of 'directly elected' Lok Sabha, today said he will again be speaking to the Congress on the GST bill.

GDP calculation method imprecise, India to grow at 8%: CII

Terming the GDP calculation methodology an "imprecise science", CII today pegged the country's economic growth at around 8 per cent for the current fiscal, higher than the RBI's projection of 7.6 percent.