The Union Cabinet approved the “Stand Up India Scheme” to promote entrepreneurship among SC/ST and Women entrepreneurs. The Scheme is intended to facilitate at least two such projects per bank…

A high-level government committee on Taxation of E-Commerce set up by the Central Board of Direct Taxes (CBDT), has recommended a 6-8 per cent tax on several online services (13…

West Bengal Finance Minister Amit Mitra is named the new chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax (GST). He will succeed Kerala Finance…

Capital goods industry forms the backbone of the manufacturing activity. Capital goods; plant machineries for agricultural, industrial and commercial segments of economic activities that have economic asset life of over…

The Cabinet has approved a proposal for ratification of the Trade Facilitation Agreement (TFA) of World Trade Organization (WTO), aimed at easing customs rules for expediting global trade flow of…

The Government has unveiled the National Capital Goods Policy to realise the strategic importance of Capital Goods and the pivotal role played by it  in the overall manufacturing, as the…

Union Communications and IT Minister Ravi Shankar Prasad  launched the Electronics Development Fund(EDF) to support early-stage, angel, venture and private equity funds focusing on electronics, nano-electronics and information technology. The…

In order to give an impetus to the growth of the Food Processing Sector in Madhya Pradesh, the first Mega Food Park in the state promoted by M/s Indus mega…

India was ranked 37 out of 38 countries, with only Venezuela scoring lower, in the U.S. Chamber of Commerce-International Intellectual Property Index. The U.S. was ranked first, followed by the…