In a series of recommendations ahead of the Union Budget 2020, USISPF urged Sitharaman to allow two per cent mandatory spend on CSR as a tax-deductible expense For India to remain on track as a favourable investment destination and become a $5 trillion economy, it has to streamline taxation guidelines and improve GST compliance which… Continue reading Reduce tariffs and streamline taxes: Indo-US business groups to FM
Indian economy is in an undeniable slowdown mode, which is specific and not associated with either high inflation or falling Sensex or serious currency depreciation as is usually the case. GDP growth has been going down for last six quarters. Rural growth is slowing faster than urban unlike in the past when historically rural grew… Continue reading Budget 2020: Coherent economic game plan expected
The Government would have to strike a delicate balancing act for Union Budget 2020 amidst the lower growth in GDP and grim global economic outlook. To achieve the target of a $5 trillion economy by 2025, it would be imperative to identify the key engines of the growth.Globally, economies have grown by leveraging infrastructure as… Continue reading Budget 2020: Will it propel the economic growth through enhanced infrastructure spend?
For representational purposes Express News Service BENGALURU: Karnataka, which is home to nearly 80 per cent of the country’s IT/ITes industry, will see a major fillip in its revenue if the Union budget brings in measures to promote exports, extend tax benefits, incentivise research and development and re-skill the workforce, analysts said. With 62 formally… Continue reading Budget 2020: IT sector seeks boost for exports, R&D
India’s poor ability to attract and retain talent is its greatest challenge even as the country jumped eight places to 72nd rank from 80 last year in its ability to grow, attract and retain talent.India was ranked third after the US and China in terms of AI skills penetration.India’s poor ability to attract and retain… Continue reading Role of minorities, women critical for India to attract talent, says Global Talent Competitiveness Index