From helmets to granite slabs, hybrid cars to namkeen, the GST Council, the highest policy making body on Goods and Services Tax, is flooded with requests for tweaking tax rates on as many as 133 different products from an array of stakeholders. These include slashing GST on IT products to 12
Author: admin
Govt relaxes norms for export of certain gold jewellery, coins of 8-22 carats
[vc_row][vc_column][vc_column_text]Easing norms for gold exports from the country, the Central Government has allowed export of jewellery and articles having 8-22 carats of gold from Export Oriented Units (EOUs). According to a communiqué from the Directorate General of Foreign Trade (DGFT), “An EOU/ EHTP/ STP/ BTP unit may export all kinds of
State announces one-of-its-kind Karnataka Animation, Visual Effects, Gaming & Comics (KAVGC) Policy
[vc_row][vc_column][vc_column_text]In another first of its kind achievement in the country, Karnataka became the first State to recognise animation and gaming as an emerging sector and to announce a dedicated policy, viz. Karnataka Animation, Visual Effects, Gaming and Comics (KAVGC) policy, details of which was unveiled by IT-BT and Tourism Minister
EMERGING OPPORTUNITIES FOR PEENYA MSME Marching towards indigenous defence business
[vc_row][vc_column][vc_column_text]In a major policy reform intended to promote 'Make in India' in defence manufacturing, the Ministry of Defence (MoD) announced on May 31, 2017, the much-anticipated Strategic Partnership Model (SPM) for the Indian private sector. The ultimate aim of the model is to enhance India's self-reliance index in defence procurement
Implementation of Integrated Power Development Scheme (IPDS) in Peenya Industrial Area
[vc_row][vc_column width="1/4"][vc_column_text] [/vc_column_text][/vc_column][vc_column width="1/4"][vc_column_text] [/vc_column_text][/vc_column][vc_column width="1/4"][vc_column_text] [/vc_column_text][/vc_column][vc_column width="1/4"][vc_column_text] [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]BESCOM Innovation for N4 Sub-Division, Peenya Division by Hon'ble M.D Shri Rajendra Cholan, BESCOM.BESCOM Innovation for N4 Sub-Division, Peenya Division by Hon'ble M.D Shri Rajendra Cholan, BESCOM. It's a good news for PIA members that M.D. of BESCOM, Shri Rajendra Cholan has sanctioned IPDS Project to PIA.
New Innovation from Peenya helps Power Looms Shed Noise
[vc_row][vc_column][vc_column_text]In a significant success, experts and scientists of MS Ramaiah University in Peenya have helped the Textiles Department to greatly control noise levels and even shed the noise of power looms, after months of dedicated efforts. Weaving yarns for their livelihood in the alleys of Bengaluru, hundreds of weavers had drawn
Karnataka first State to have own Electric Vehicle & Energy Storage Policy
[vc_row][vc_column][vc_column_text]The Karnataka government is planning an Electric Vehicle and Energy Storage Policy with the aim of making Bengaluru the electric vehicle capital of the country. Announcing this, Sri R.V. Deshpande, Minister for Large & Medium Industries and Infrastructure Development, said with this Karnataka will be the first State in the country
STATE NEWS Karnataka remains a top investment destination
[vc_row][vc_column][vc_column_text]In a landmark achievement, Karnataka continues to hold on to its numero uno position as India's topmost investment destination. This was announced recently by Sri R.V. Deshpande, Minister for Large & Medium Industries and Infrastructure. According to official data, from January 2016 to June 2017, Karnataka has received investment proposals of
Will new e-Way Bill ensure smooth passage for SMEs?
[vc_row][vc_column][vc_column_text]Tax payers to please note: A system for hassle-free movement of goods throughout the country with one e-Way Bill has been introduced, with the withdrawal of e-SUGAM, the details of which are given below: One-time Registration: The GST taxpayer can open the web site http://gst.kar.nic.in/ewaybill and select the option 'E-Way Bill
Peenya Bus Station to be linked to Peenya Industry Metro Station
[vc_row][vc_column][vc_column_text]Good news for regular commuters in Peenya! The Basaveshwara Bus Station in Peenya could be linked to Peenya Industry Metro station as part of efforts to ensure better patronage for it, according to an announcement made by Transport Minister Sri H.M. Revanna. The Minister was responding to a question during a