[vc_row][vc_column][vc_column_text]A Conclave on Central & State Budget 2017-18 was organized by PIA in association with Act Now Consultants Pvt Ltd at Hotel Taj Vivanta, Bengaluru on March 24. Addressing the participants, PIA President Sri R. Krishnamurthy, presented his perspective on the State and Union Budget for 2017-18, from the point of
State News
Karnataka State Industry News
The State News includes all industry-related news within the state of Karnataka, for the benefit of the industry members of the Peenya Industries Association. The State News would also include policy decisions that the Karnataka government takes, which would be binding on the industrial sectors in Karnataka, including Peenya. The decisions may be related to industries and finance or taxation- related, which may affect the industries either positively or negatively.
In addition, the State News also covers major news such as city and state level election results, municipal and government formation, allotment of small and medium industry portfolio to a minister, industries minister’s visit to an industrial sector including Peenya.
MSMEs to Benefit from Proposed Taiwan Park near Bengaluru
[vc_row][vc_column][vc_column_text]A dedicated Taiwan Park is coming up near Bengaluru, as per an assurance given by the Karnataka government to a delegation of Taiwan businessmen that it will provide space for a dedicated 'Taiwan Park' near Bengaluru. The assurance from the State Government was given after a delegation representing 10 businesses
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
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
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
State Budget is “Perfect” for MSMEs: PIA President
[vc_row][vc_column][vc_column_text] FOR PIA NEWS MAGAZINE KUDOS TO CHIEF MINISTER State Budget is “Perfect” for MSMEs: PIA President “Hon'ble Chief Minister Sri Siddaramaiah has delivered a perfect Budget for 2017-18 for Micro and Small Enterprises, declared Sri R. Krishnamurthy, President, PIA. This Budget will be remembered for a very long time by Micro & Small Scale
GST Updates: for our Members
[vc_row][vc_column][vc_column_text] PIA would like to draw the attention of its Members to the following: * PIA has set up a Helpdesk on Migration to GST in association with Commercial Taxes Department, GOK for the benefit of Members. A Seminar was also conducted on Migration of Central Excise Assesses (Service Tax) to GST
Peenya Industrial Area in Race for Smart City Challenge
[vc_row][vc_column][vc_column_text] Peenya Industrial Area is in the race for the Smart City Challenge. All eyes of entrepreneurs are now on whether Peenya is going to make it this time. In its previous proposal, the BBMP had pitched Whitefield for the Smart City Challenge. Now, other localities are vying for the tag such
BWSSB to reduce pro-rata charges by 10% for online bookings
[vc_row][vc_column][vc_column_text] The Bangalore Water Supply and Sewerage Board (BWSSB) has proposed a 10 per cent rebate on pro rata charges if bookings for water and sanitary connections are made online from 2017. This initiative is an effort to put an end to corrupt practices by BWSSB plumbers and engineers when people