The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Farm woes pronounced amidst bright GDP picture: ASSOCHAM

New Delhi, December 9, 2017: If there is one sector which needs the maximum of the government’s attention and the top most priority in the ensuing Budget , it is the agriculture that has seen a major setback in Kharif production , leading to overall laggard growth of the farm sector in the country’s GDP performance for the second quarter of the current fiscal, ASSOCHAM said today.

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Sunday, December 10, 2017

NCLT be empowered to grant tax relief on waiver of interest on stressed assets: ASSOCHAM

New Delhi, December 7, 2017: The National Company Law Tribunals (NCLTs) should be empowered by law to grant relief on any tax that may be imposed on any waiver of accrued interest with regard to stressed assets referred for resolution under the Insolvency and Bankruptcy Code, the ASSOCHAM has said in its communication to the Finance Minister Mr Arun Jaitley.

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Thursday, December 07, 2017

Cut corporate tax; raise exemption limits for salaried employees: ASSOCHAM to FM

New Delhi, December 6, 2017: Making out a strong case for slashing of corporate tax to 25 per cent, the ASSOCHAM President Mr Sandeep Jajodia said in his presentation before Finance Minister Mr Arun Jaitley tax exemption limits for senior citizens and salaried employees should be also raised substantially for a demand push to the economy.

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Wednesday, December 06, 2017

We are cleansing education sector by thinking out of box and weeding out mafia: Anil Swarup

Gurugram, December 5, 2017: The Union Ministry of Human Resource Development is taking on and trying to weed out mafia in the education sector, a top official said at an ASSOCHAM-Management Development Institute (MDI) joint event held in Gurugram today.

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Tuesday, December 05, 2017

Hopeful that Indo-African bilateral trade will cross $100 bn in next 2 yrs.: Union Minister

New Delhi, December 4, 2017: The bilateral trade between India and Africa which reached about $60 billion in 2015-16 will cross $100 billion mark in next two years owing to improvement in business environment in the country together with better infrastructure and connectivity across African continent, Union Minister Mukhtar Abbas Naqvi said at an ASSOCHAM event held in New Delhi today.

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Monday, December 04, 2017

Healthcare mkt. in India may see threefold increase by 2022: ASSOCHAM-RNCOS Paper

India’s healthcare market may see threefold rise as its size in value terms is likely to reach $372 billion (bn) by 2022 from the level of $110 bn as of 2016 thereby clocking a compounded annual growth rate (CAGR) of 22 per cent, according to an ASSOCHAM-RNCOS joint paper.

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Sunday, December 03, 2017

Exempt electricity duty to boost investments in metallurgical plants: ASSOCHAM plea to Odisha govt.

Bhubaneswar, December 1, 2017: Apex industry body ASSOCHAM has urged the Government of Odisha for exemption of electricity duty to encourage investments in setting up metallurgical plants across the mineral-rich state.

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Friday, December 01, 2017

Fix GST rates for hydropower at par with wind and solar: ASSOCHAM plea

New Delhi, November 30, 2017: Apex industry body ASSOCHAM has urged the Centre to fix Goods and Services Tax (GST) rates for hydropower at par with wind and solar so that value added cost and tax are commensurate for all renewable power projects.

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Thursday, November 30, 2017

Cyber security cos. must work more closely with CERT-In and NCIIPC to secure entire digital ecosystem: Dr Gulshan Rai

New Delhi, November 29, 2017: Companies operating in cyber security solutions and services domain must work more closely with central organisations like Indian Computer Emergency Response Team (CERT-In) and National Critical Information Infrastructure Protection Centre (NCIIPC) to secure the entire digital ecosystem across India, National Cyber Security Coordinator under the Prime Minister's Office, Dr Gulshan Rai said at an event co-hosted by ASSOCHAM and Kaspersky in New Delhi today.

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Wednesday, November 29, 2017

GST reshaping FMCG logistics into modern business, says study

New Delhi, November 28, 2017: Trade and industry may have faced teething troubles from the Goods and Services Tax (GST) but the entire business landscape of FMCG (fast moving consumer goods), retail and logistics is going to be transforming into modern and efficient model with introduction of uniform tax regime, says a joint study by ASSOCHAM-MRSS India.

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Tuesday, November 28, 2017

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