[vc_row][vc_column][vc_column_text]The Government of Karnataka has well understood that skills and knowledge are the driving forces of economic growth and social development. Some of the key players such as Biocon. Glaxo Smith Kline Pharmaceuticals Ltd. Jubilant Life Sciences Ltd., and Astra Zeneca India have established their key Centers in the State. With the
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Cost of Manufacturing Electronic Components may Reduce under GST: Study
[vc_row][vc_column][vc_column_text]Estimated money saved in warehousing and logistics will help bring down the cost by 5 to 8 per cent: PIA President. The cost incurred by the domestic manufacturers of electronic parts and components is likely to reduce with the implementation of the Goods and Services Tax (GST), reveals a study. The
MSME Ministry fully equipped with Policies to guard MSMEs in Transition period
[vc_row][vc_column][vc_column_text]MSME Entrepreneurs in Peenya should choose their Vendors judiciously so as to take benefit of the input tax credit being offered by the new system: PIA President R. Krishnamurthy The Ministry of Micro, Small and Medium Enterprise (MSME) has shown their readiness and preparedness to guide and help the sector related to
No question of prices going up: Smt. Nirmala Sitharaman, Union Minister of State for Commerce & Industry
[vc_row][vc_column][vc_column_text]PIA appeals to all Members and MSME Entrepreneurs not to heed any rumour and fall prey to them: R. Krishnamurthy, President All concerns about an inflationary spike arising from the Goods and Services Tax (GST) regime are baseless and unfounded, Hon'ble Union Minister of State for Commerce and Industry (I/C), Smt.
RESURGENT KARNATAKA Generating Immense Investment Interest With Friendly Policies
[vc_row][vc_column][vc_column_text]KARNATAKA has made rapid strides over the last four years towards socio-economic welfare of its 6.5 crore people across the State under the leadership of Hon'ble Chief Minister Sri Siddaramaiah. Several schemes have been announced for the welfare of the people, but what stands out is the parallel focus towards
GST UPDATES MSME Entrepreneurs in Peenya see Little Disruption: PIA
[vc_row][vc_column][vc_column_text]The D-Day for the rollout of GST came on July 1 and passed off by and large smoothly at least as far as the Micro and Small Scale Entrepreneurs in Peenya Industrial Area are concerned. Expressing his satisfaction at the developments, Sri R. Krishnamurthy, President, PIA admitted there were some quite
Digital MSME Website is now live
[vc_row][vc_column][vc_column_text]The Digital MSME site, under the Digital MSME Scheme launched recently, is now operational, with the Ministry of MSME stating in a tweet, “Digital MSME site is being made operational.” According to reports, Registrations under the scheme have already started. For registration, Udyog Aadhaar Number will be mandatory and there is
GST Rollout Downs Shutters on Check-Posts…but Clarity still awaited on Full Closure
[vc_row][vc_column][vc_column_text]Commercial Taxes Department should clarify whether the Check-posts will return in the form of Physical Verification (PV) Centres: R. Krishnamurthy, PI A Prez In a move that would give massive push to ease of doing business in the country, as many as 22 States in India have abolished their check-posts with
Karnataka Government to Fast-track 100 Start-ups
[vc_row][vc_column][vc_column_text]The Karnataka government is set to launch a programme to select 100 innovative Start-ups that are most likely to scale fast and profitably, and help them in their progress. The selected Start-ups will be eligible to get guidance, consultancy, patent filing facilitation, legal assistance and funding, according to Sri Priyank Kharge,