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Latest Articles in phdcci

India's Economic Recovery Gains Momentum In Recent Months: PHDCCI

The drivers of household consumption need to be further strengthened to enhance the aggregate demand as it will have an accelerated effect on the expansion of capital investments

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India Economy Poised To Attain Double-Digit Growth In FY22: PHDCCI

The National Statistical Office, the official agency of the government, on August 31, had said the real GDP growth for the first quarter of 2021-22 was at 20.1 per cent.

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Need To Further Fuel Drivers Of Household Consumption, Private Investments: PHDCCI

The chamber projects a double-digit GDP growth trajectory at 10.25 per cent in 2021-22, supported by the effective policies of the government and improved business sentiments.

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RBI’s Move To Keep Interest Rates Low To Boost Business Confidence: India Inc

The central bank on Friday expectedly kept interest rates unchanged at a record low of 4 per cent, as it chose to support economic revival over inflation.

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Bring Petroleum Products In Ambit Of GST Soon: PHDCCI

PHDCCI President Sanjay Aggarwal said the Wholesale Price Index (WPI)-based inflation has been in a double-digit growth trajectory for the past three months, stoked by high prices of fuel and power.

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Need For Calibrated Price Control For Oil; Include Petro Products Under GST: PHDCCI To Govt

The current rise in oil prices has fuelled into a raging issue as it is likely to have a cascading influence on the prices of other essential commodities as well

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State Govts Must Also Take Lead In Instituting Labour Reforms: Kant

Partnerships with the private sector in unlocking the potential of innovative financing mechanisms such as asset monetisation, and providing an impetus to green finance are other potential areas, among others.

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Need To Ensure Manufacturing Of Quality Toys That Meet Global Standards: PHDCCI

India should come out with more quality control orders and technical regulations for different products to check inferior and low-quality imports from China

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PHDCCI Recommends Measures To Promote Growth Of Pet Food Industry

India is emerging as potential market for pet food, driven by consumer awareness towards benefits of pre-packaged food on pet's health

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Government Should Frontload National Infra Pipeline Expenditure: PHDCCI

In an interaction Sanjay Aggarwal, President, PHDCCI says the with private investment not coming in the government should spend more on infrastructure projects which will give a multiplier effect to rejuvenate the aggregate demand in the economy. Aggarwal also talks about key initiatives taken by PHDCCI to Ashish Sinha.

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Need Calibrated Steps To Support Economic Recovery: PHDCCI

Government/ PSU payments must not be delayed due to Work From Home issues or shortage of funds as these are crucial to maintain the working capital cycle

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States Must Cut Stamp Duty On Property Registrations To Boost Sales: Experts

Maharashtra government's decision to reduce the stamp duty during September to March of the last fiscal year helped a lot in reviving sales in the state

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PHDCCI Seeks Govt Support For Domestic Vaccine Industry

India contributes 40-70 per cent of the WHO's demand for Diphtheria, Pertussis and Tetanus (DPT) and Bacillus Calmette-Guerin (BCG) vaccines, and 90 per cent of the demand for the measles vaccine.

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Working To Change People's Perception About I-T Dept To Being 'Tax Facilitators' : CBDT Chief

The 2021-22 Budget has reduced the time limit for reopening of past assessment cases to 3 years from 6 years, while for serious tax frauds involving concealment of income of Rs 50 lakh and above the time limit for reopening is 10 years.

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FinMin To Clarify On Residency Status Of NRIs Stranded In India This Fiscal Due To COVID

Commercial international flights were suspended when the nationwide lockdown was imposed on March 25, 2020. Later, such flights were allowed in a restricted manner under bilateral Air Bubble agreements and the services are yet to resume fully.

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