[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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Industrial News India
Industrial News India (Industry News) keeps the members of the Peenya Industrial Association, as well as the industries in and around Peenya, about industry-related and financial policies of the Karnataka government as well as the central government in New Delhi. The Industrial News ( industry news) covers industrial policies that the Ministry of Micro Small and Medium Enterprises, and the Ministry of Finance put forth.
Industrial News India (industry news) will also include news that includes official statements by the finance minister of the Karnataka government and MSME minister in the central government, which would either benefit or negatively affect the small and medium industries, including those in and around Peenya.
Industrial News India (industry news) also includes opinions by the heads of industrial associations within Karnataka or from other states or at the all-India level about policies of the government that usually affects businesses.
Industrial News India (industry news) also includes news about major public sector units such as BEL, ISRO seeking collaboration for manufacture of certain components for their projects. This kind of news would be an opportunity for industries including those in and around Peenya to express interest in bidding for collaboration.
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
Feedback Sought From Members on Draft of Code on Social Security
[vc_row][vc_column][vc_column_text]The Ministry of Labour & Employment has prepared a Preliminary Draft of the Code on Social Security & Welfare by amalgamating all existing Labour Laws related to Social Security (Total 15 Labour Laws including EPF Act, ESI Act, Maternity Benefit Act, Payment of Gratuity Act, Employees Compensation Act, Unorganized Social
Centre includes Non-tech companies under Start-ups
[vc_row][vc_column][vc_column_text]Entities having a scalable business model, which have a high potential of employment generation or wealth creation, can now be eligible for recognition as a Start-up. Earlier, only if the activities of an entity were innovative and driven by technology or intellectual property could it be considered as a Start-up
The Game Changer for Aerospace Investments
Sir M. Visveswaraya's mantra 'Industrialise or perish' set the momentum of development in the State, but he probably also had a silent vision, 'Fly to Flourish'. No wonder then that today the State is bestowed with world-class Aerospace research, initiated by The Indian Institute of Science, Hindustan Aeronautics limited and
BBMP’s Green App gets 50,000 requests for saplings in first week of launch
[vc_row][vc_column][vc_column_text]In a major eco-friendly initiative, the Bruhat Bengaluru Mahanagara Palike (BBMP) has launched the "Green App", with the aim to distribute 10 lakh free saplings to citizens. The citizens of Bengaluru responded with enthusiastic fervour and within five days of its launch, there were 50,000 requests for saplings, with 5,000
Exporters to get Tax Refunds in less than 10 days
[vc_row][vc_column][vc_column_text]The rollout of the Goods and Services Tax (GST) will help improve exports and assured exporters that they would get their tax refunds within 6 to 10 days under the new regime, according to Commerce Minister Smt. Nirmala Sitharaman. “The GST is only going to help in improving our exports and
INTERACTION MEET WITH MINISTER FOR WOMEN & CHILD WELFARE Women Entrepreneurs should benefit from Incentives & Concessions given by GOK: PIA President
[vc_row][vc_column][vc_column_text]Women entrepreneurs have a golden chance to pursue expansion plans of their business or start a new industry, since they can now get financial assistance at only 4% for an amount up to Rs 4 crore and PIA will aggressively promote this new Scheme introduced by the State Government, said
INTERACTION @ BENGALURU Industry Bodies raise GST related queries with Revenue Secretary
[vc_row][vc_column][vc_column_text]Dr. Hasmukh Adhia, IAS, Secretary, Dept of Revenue, GOI, chaired an Outreach Programme held by Commercial Taxes Department at Sri Puttannachetty Town Hall, Bengaluru on May 30. A large number of Industry bodies including PIA took part in the interaction on issues related to GST and its rollout and also submitted
Employers can now file Unified EPF, ESI Returns
[vc_row][vc_column][vc_column_text]As part of its continuous efforts to improve the ease of doing business, the Union Labour Ministry has launched a Common Registration Facility on its e-biz portal which will enable Employers to avoid filing separate EPF and ESI returns. The Labour Ministry announced the integration of the annual return under Mines