Taxation:

Issues and initiatives in the field of industry in India

Foreign Direct Investment (FDI) regime, improved Liberalization fall under Phase Four.Major liberalization measures designed to affect the performance of the industrial sector were – wide-scale reduction in the scope of industrial licensing, SIMPLIFICATION of  procedural rules and regulations, reductions of areas etc., The Average annual growth rate of industrial production which was 7.8 per cent … Read more

Problems of SMEs

MSMEs not only play crucial role in providing large EMPLOYMENT opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of NATIONAL INCOME and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes … Read more