[vc_row][vc_column][vc_column_text]The Karnataka State Cabinet has approved the proposal to raise retirement age of workers in the private sector from 58 years to 60 years. With this, the State Government will shortly initiate the process to amend the Karnataka Industrial Employment (Standing Orders) (Amendment Rules, 2009) to increase the retirement age.
News
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.
Product Certification Schmes of Bis
[vc_row][vc_column][vc_column_text]Domestic Manufacturers Certification Scheme - The applicant has the option to choose any of the following two procedures for grant of BIS licence: Normal Procedure The applicant is required to submit the filled in application along with required documents and requisite fee to the Branch Office under whose jurisdiction the manufacturing
Central Excise, Bangalore introduces SMS Service
[vc_row][vc_column][vc_column_text]The Commissioner of Central Excise (Appeals I & II) has launched a Short Messaging Service (SMS) whereby information shall be given to trade & industry through an SMS on their mobile phone, in addition to the existing practice of written communications vide Public Notice No. 1/2017 dated 28.02.17. The service
SHOCKING! Karnataka increases Power Tariff by 8%
[vc_row][vc_column][vc_column_text]In yet another upward tariff revision, the Karnataka Electricity Regulatory Commission (KERC) has allowed an average tariff increase of 53 paise per unit (ranging from 20 paise to 55 paise per unit, including fuel adjustment charges of 5 paise per unit) for all the categories of consumers. The Commission has also
ESI introduces Paperless Registration
[vc_row][vc_column][vc_column_text]Attention Members of PIA! Want to register your Employees under ESI? It's no more a headache with the bother of filing application, giving supporting documents, etc. You can get your Employees registered under ESI Act online directly through portal www.esic.in. No hard copies or application or supporting documents are required
JUSTICE DONE Protest by PIA & other Industry Bodies ensures reopening of Plastic Units
[vc_row][vc_column][vc_column_text]Team PIA led by Sri R. Krishnamurthy, President, along with other representatives of industry took up the cause of Plastic manufacturing units in Peenya who were forcibly shut down by overzealous officials on the pretext of violating the plastic ban. Sri R. Krishnamurthy, President and Sri M. Malayadri Reddy, Vice-President
MAKE IN INDIA-KARNATAKA CONFERENCE Integrated Machine Tools Park will open up new opportunities for Peenya Entrepreneurs: PIA
[vc_row][vc_column][vc_column_text]Sri R. Krishnamurthy, President and Sri M. Malayadri Reddy, Vice-President attended the Inaugural function of “Make in India-Karnataka Conference” at The Lalit Ashok, Bengaluru on Feb 13. Hon'ble Chief Minister Sri Siddaramaiah announced various plans to encourage manufacturing start-ups and instituted a new Manufacturing Excellence Award. A major highlight of the event
Union Budget – Impact on Direct & Indirect Taxes
[vc_row][vc_column][vc_column_text]According to tax experts here is a perspective on the impact of direct taxes proposals on industry and trade: * In a huge breather to Start-ups, the budget has extended the time period for availing tax benefit for three years in the first seven years of existence of a startup company.
New Rules to ease compliance to maintain Registers under various Labour Laws
[vc_row][vc_column][vc_column_text]With a view to bring about ease of doing business, the Ministry of Labour and Employment (“Ministry”) has notified the Ease of Compliance to Maintain Registers under various Labour Laws Rules, 2017 (“Rules”) effective 21st February, 2017. These Rules provide for maintenance of combined registers in the Forms specified in the
VAT & GST Karnataka Number One in GST Preparedness
[vc_row][vc_column][vc_column_text]Sri R. Krishnamurthy, President along with Office Bearers and MCMs attended the Interaction Meeting on VAT & GST with Sri Ritvik Pandey, IAS, Commissioner, Commercial Taxes at KASSIA Auditorium on Feb 22. Interacting with the participants, the PIA President said Peenya Industries Association had held five Awareness Programmes on GST Migration