New Delhi, Jan 28 (IBNS): Apex industry body ASSOCHAM has urged the Union Government to reduce customs duty on chilled and frozen sea food from present level of 30 per cent to 10 per cent to bring down food inflation and satiate high demand for sea food in India.
Link BPO promotion scheme with direct tax benefit: ASSOCHAM plea to Govt.
New Delhi, Jan 25 (IBNS): Apex industry body ASSOCHAM has suggested the Union Government to link the India business process outsourcing promotion scheme (IBPS) with direct tax benefit.
GST on healthcare will make medicare unaffordable: ASSOCHAM-TechSci study
Mumbai, Jan 25 (IBNS): The healthcare sector catering to the unmet health needs of the society should be kept out of the purview of the Goods and Services Tax (GST) or else medical care would become expensive and unaffordable for the common persons, said an ASSOCHAM-TechSci Research paper.
Note ban has negative impact on SMEs; large firms can benefit in long run: ASSOCHAM Bizcon
Chennai, Jan 23 (IBNS): Demonetisation of high value currency notes would leave quite a negative impact on small and medium enterprises, rural consumption and job creation in the immediate run while the large and well organised sectors of the corporate India stand to benefit in the long term horizon, the latest ASSOCHAM Bizcon Survey pointed out.
India will add 160-170 million labour force by 2020: study
New Delhi, Jan 20 (IBNS): India’s labour force will expand by 160-170 million in 2020, depends on various factors which includes population growth rate, labour force participation, education enrolment at higher levels etc, an ASSOCHAM –Thought Arbitrage joint study has pointed out.
New Delhi, Jan 20 (IBNS): The number of digital financial transactions made through Unified Payments Interface (UPI) and Unstructured Supplementary Service Data (USSD) mode has grown exponentially by 3,574 per cent and 10,603 per cent respectively till 18th January 2017, Union Minister of State for Law & Justice and Electronics & Information Technology, P.P. Chaudhary said at an ASSOCHAM event held in New Delhi today.
India sees large rise in cybercrime: ASSOCHAM-PwC study
New delhi, Jan 18 (IBNS): Cyber security incidents are seeing a rise in India, with a total of 39,730 incidents reported in the first 10 months of 2016, as against 44,679 and 49,455 observed during the years 2014 and 2015 respectively, a recent ASSOCHAM-PwC joint study said on Wednesday.
Note scrapping can do little to stop future generation of black money: ASSOCHAM study
New Delhi, Jan 18 (IBNS): Demonetisation may wipe out the stock of black money held in cash but can do little about the ill-gotten wealth converted to assets like gold and real estate and the scrapping of high value notes does not prevent the future generation of unaccounted money, said an ASSOCHAM study on Currency Demonetisation.
Let Budget be presented on Feb 1, ASSOCHAM to opp parties
New Delhi, Jan 15 (IBNS): Making a strong appeal to different political parties to let the Union Budget for 2017-18 be presented to Parliament on Feb 1, the apex industry chamber ASSOCHAM on Sunday said the advancement to this effect would help the government to begin its capital and other expenditure right from April and revive the much needed economic growth.
India needs 80 lakhs Wi-Fi hotspots: ASSOCHAM-Deloitte study
New Delhi, Jan 13 (IBNS): India needs over 80 lakhs hotspots as against the availability of about 31,000 hotspots with a view to reach the global level of one Wi-Fi hotspot penetration for every 150 people, according to ASSOCHAM-Deloitte joint study.
Real estate, infrastructure investment trusts could raise Rs 50K crore: ASSOCHAM-Crisil
New Delhi, Jan 11 (IBNS): The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near term given the interest shown by certain players in the infra and real estate space, noted a recent ASSOCHAM-Crisil joint study.
Over 69 million consumers shopped online in 2016: ASSOCHAM-Resurgent study
New Delhi, Jan 9 (IBNS): In 2016, about 69 million consumers purchased online and the number is expected to cross 100 million by 2017 with the rise of digital natives, better infrastructure in terms of logistics, broadband and Internet-ready devices to fuel the demand in e-Commerce, according to an ASSOCHAM-Resurgent India study.
Agent, sales person least trustworthy for those buying insurance: ASSOCHAM study
New Delhi, Jan 7 (IBNS): Insurance agent is taken as the least trustworthy source in the sales process of an insurance policy across different policy segments both among the financially literate and financially non-literate consumers, an ASSOCHAM study has found.
New Delhi, Jan 4 (IBNS): In the larger interest of industries, apex industry body ASSOCHAM has urged the Union Government to immediately get revoked the notification vis-Ã -vis withdrawal of input tax credit on inter-state sale/branch transfer of natural gas issued by Finance Department of Gujarat government on Nov 28, 2016.
Effective implementation of schemes announced by PM will boost India’s economic growth: ASSOCHAM
New Delhi, Jan 3 (IBNS): Terming the steps announced by Prime Minister Narendra Modi in his address to the nation on New Year’s Eve as ‘extremely positive for the Indian economy,’ apex industry body ASSOCHAM today said that the focus should now be on effective implementation of these schemes to drive economic growth.