Tag: Assocham

New Delhi: Progress towards realising the pan-India single tax system, the Goods and Services Tax (GST), will be the biggest achievement of the Narendra Modi-led government, industry organisation Assocham said on Sunday. As the NDA government completes three years in office, besides the GST that was nearing a roll-out, its other achievements on the economic […]

New Delhi: Casual and social smoking is on the rise among young working women across metropolitan cities in India, an Assocham report said on Thursday. “Of the total (respondents), only about two per cent said they were heavy smokers (smoking one pack a day or more)… majority of them said that peer pressure and work-related stress […]

New Delhi: Nearly 56 per cent of corporate employees in India sleep less than six hours a day due to high stress levels that arise out of tough targets set by their employers, an Assocham Healthcare Committee report said here on Monday. “Setting of unreasonable and unrealistic targets causes lack of sleep, has wide-ranging effects […]

New Delhi: In light of the massive Rs 11,300 crore ($1.8 billion) scam allegedly involving jeweller Nirav Modi that has hit state-run Punjab National Bank (PNB), industry chamber Assocham said on Sunday that the government should surrender its majority control of banks, which should be allowed to function like private sector lenders. In a regulatory […]

New Delhi: Biometric cards have facilitated disbursement of as much as Rs 83,184 crore to beneficiaries of Direct Benefit Transfer (DBT) schemes without the notorious leakages of the past, industry body Assocham said on Sunday, citing its report on the matter. “Real benefit of Jan Dhan and Aadhaar is finally reflected in the number of […]

New Delhi: Industry chamber Assocham on Sunday asked the government to clearly define the scope of e-commerce under the Goods and Services Tax (GST) regime, as the current definition is wide enough to even cover commodity derivatives exchanges. “E-commerce definition, as given in the Goods and Services Tax (GST) dispensation, has been left so wide […]

New Delhi: As many as 826 housing projects are running behind schedule by an average of 39 months, with Punjab having the maximum delayed projects followed by Telangana and West Bengal, an Assocham study has found. “At the end of December 2016, 3,511 projects were live in construction and real estate sector, of which 2,304 […]

New Delhi: The government’s “Make in India” programme to boost manufacturing should target on priority basis high import-intensive items like electronics, machinery, steel and transport equipment, industry chamber Assocham said on Sunday. “There are other major import items like crude oil, gold and precious stones which cannot be produced indigenously or are used for re-exports,” […]

Bhubaneswar: Odisha is ranked third with over seven per cent share in total live investments attracted by different public and private sources across India as of FY17, according to a study by Assocham. The report, released by Assocham President Sandeep Jajodia here, noted that Odisha secured over 900 projects with live investments worth over Rs 13 […]

New Delhi: Adoption of advanced business digital technologies can lead to increase in revenues by up to 27 per cent, increase in employment by up to 84 per cent, and enhanced access to international markets by up to 65 per cent for small and medium businesses (SMBs), said a joint study by Assocham-Deloitte. “Digital infrastructure can […]

India's eastern region has the tremendous potential to emerge as the country's 'rice bowl', a recent study industry body Assocham said

New Delhi: The number of cyber crimes in India may touch 300,000 in 2015, almost double the level of last year, causing havoc in the financial space, security establishment and social fabric, a study said. “What is causing even more concern is that the origin of these crimes is widely based abroad in countries including […]

New Delhi: A recent study has shown that the tobacco sector is one of the highest contributors to the Indian economy with a total economic value generation of Rs 11,79,498 crore. According to a study by the Thought Arbitrage Research Institute (TARI) shared with the industry body Assocham and released on Wednesday, “tobacco contributes a […]

New Delhi: Industry body Assocham on Saturday said it has proposed to raise the basic exemption limit for individual income taxpayers in its pre-Budget memorandum to the government. According to the industry body, the basic exemption limit for an individual taxpayer should be raised to Rs five lakh from Rs 2.50 lakh in the backdrop […]

New Delhi: Union Minister of State for Home Affairs G. Kishan Reddy said on Wednesday that India needs to strengthen its defence against rising cyber attacks and also formulate a national strategy for reducing the risk of cyber crimes. Reddy was speaking at a conclave on the issue of cyber crime – ‘Towards New National […]