Small Business

Chambers' Reaction: Assocham: Aam aadmi Budget

Assocham: Aam aadmi Budget The Associated Chambers of Commerce and Industry of India (Assocham) applauded the government on its agararian focus even as it termed the Budget proposals as aam adami ones. Sajjan Jindal, president, Assocham, said, “The abolition of FBT and CTT is especially welcome.” However, concerns were raised regarding the finance minister’s treatment to the minimum alternate tax, saying it was against the expectations of the industry as it has been increased. The Assocham had recommended a 7.5 per cent ceiling for MAT. Jan cement sales in high double-digit Jindal further said the Finance Minister gave sufficient indications for disinvestment to contain the fiscal deficit and generate resources for infrastructure development. The industry has been widely anticipating a road map for disinvestment, which has not happened.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
AP revenues take a hit on agitations
Andhra Pradesh chief minister K Rosaiah said revenues coming to the government in the form of taxes had taken a beating due to the turmoil in the state. “Trade was first affected by the agitations for a separate Telangana and now for a unified Andhra,” he told reporters here on Thursday.
Popular Articles

Andhra to come out with solar policy soon
Andhra Pradesh will soon evolve a policy to encourage the solar energy industry. This will complement the to-be- announced Jawaharlal Nehru National Solar Mission, a dedicated national policy for solar energy that outlines 20 giga watt of solar generation by 2020, said chief minister K Rosaiah.

Where am I?
The latest calendar from the rural development ministry has a picture of the minister and two ministers of state. The third minister of state was upset enough to call up the minister, CP Joshi, to protest. The minister has now ordered that the calendars not be circulated — a fresh calendar will soon be sent around.

© Copyright 2009