The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

CVC discussion paper seeking suggestions for alternate tender system other than L1 to be soon put in public domain: K.V. Chowdary

The Central Vigilance Commission will soon put out a discussion paper on its website to invite suggestions for an alternate tender system other than the lowest-bidder-wins (L1) policy, Chief Vigilance Commissioner (CVC), Mr K.V. Chowdary said at an ASSOCHAM event held in New Delhi today.

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Wednesday, July 27, 2016

Treat HFCs at par with pvt. banks & PFIs: ASSOCHAM plea to SEBI

Apex industry body ASSOCHAM has sought respite for housing finance companies (HFCs) from markets regulator SEBI with a request to treat HFCs at par with private banks and public financial institutions (PFIs).

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Tuesday, July 26, 2016

Telecom firms seek clarity on GST on value added services: ASSOCHAM

As prospects for passage of the Goods and Services Tax Bill in Parliament improve, the telecom industry has impressed upon the government to come out with a clear cut position with regard to levy of taxes on Value Added Services (VAS) even as the firms across the entire value chain look forward to a smooth transition to much awaited GST, an ASSOCHAM-KPMG Paper has said.

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Sunday, July 24, 2016

Sports ministry recommends finance ministry for considering Sports Infrastructure: Secretary, Sports

Sports ministry has proposed the ministry of finance for considering Sports Infrastructure as a ‘concessional finance’, said Secretary, Department of Sports, Mr. Rajiv Yadav at an ASSOCHAM event held in New Delhi today.

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Saturday, July 23, 2016

Early operationalising of BIMSTEC FTA imperative for greater push to trade: ASSOCHAM study

India should work closely with the seven-nation BIMSTEC grouping to conclude trade negotiations and attempt early operationalising of the Bay of Bengal free trade agreement (FTA) to give a big push to trade in the region, an ASSOCHAM study said today.

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Thursday, July 21, 2016

Urban Development ministry requests states to reduce stamp duty for affordable housing: Venkaiah Naidu

The Ministry of Housing and Urban Development has written to states government to reduce the stamp duty as it is adding to the burden with a new Real Estate Regulation Bill where the rules are almost ready and will be announcing at any time, union minister, Mr M Venkaiah Naidu said at an ASSOCHAM event held in New Delhi today.

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Wednesday, July 20, 2016

MFIs should learn lessons from 2010 AP crisis & not carry people on ‘dream path’ of consumerism: ESL Narasimhan

The microfinance institutions (MFIs) should find out adequacy of skills, competence, capability and the need of the borrower before lending money thereby learning lessons from the crisis that originated in erstwhile Andhra Pradesh in 2010, Telangana and Andhra Pradesh Governor, Mr E.S.L. Narasimhan said at an ASSOCHAM event held in Hyderabad today.

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Tuesday, July 19, 2016

ASSOCHAM appeals TRAI to restore pricing flexibility to license TSPs

Industry body ASSOCHAM has strongly opposed any restriction by way of a telecom service provider (TSP) agnostic platform and rather suggested the TRAI to restore the pricing flexibility to licensed TSPs and urgent review of differential pricing regulation.

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Monday, July 18, 2016

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