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Formalisation of economy led to tax buoyancy: Revenue secy to HT

Revenue Secretary Sanjay Malhotra supports using technology to improve the ease of doing business and prevent tax evasion.

Union revenue secretary Sanjay Malhotra (PTI)
Updated on Feb 05, 2024 06:38 AM IST
ByRajeev Jayaswal, New Delhi

CEA’s review ahead of budget points to key focus areas and opportunities

The document provides an opportunity for India to emerge as a reliable partner for “friend-shoring” and “onshoring” of business

India has an opportunity to emerge as a trusted partner for “friend-shoring”. (REUTERS)
Updated on Jan 30, 2024 07:56 AM IST
ByRajeev Jayaswal, New Delhi

‘Minor, technical’ offences may soon be decriminalised to aid ease of business

Rajesh Kumar Singh, secretary, DPIIT, said the purpose is to reduce compliance burden on businesses and citizens to ensure a hassle-free environment to work

The government is expected to bring a proposal in the budget session of Parliament on decriminalising several “minor and technical” offences to promote ease of doing business. (PTI)
Updated on Dec 04, 2023 09:02 AM IST
ByRajeev Jayaswal

Amendments in Punjab GST Act aimed at ease of doing business: Cheema

Punjab finance, planning, excise and taxation minister Harpal Singh Cheema on Friday said the amendments in the Punjab GST Act, 2017, through Punjab Goods and Services Tax (Amendment) Bill, 2023, are aimed at ease of doing business and simplification of tax regime

Punjab finance, planning, excise and taxation minister Harpal Singh Cheema on Friday said the amendments in the Punjab GST Act, 2017, through Punjab Goods and Services Tax (Amendment) Bill, 2023, are aimed at ease of doing business and simplification of tax regime.
Updated on Dec 02, 2023 09:00 AM IST

Branding Karnataka as global innovation hub is priority, says CM Siddaramaiah

Karnataka is focused on building a conducive environment for businesses with pro-industry policies and aims to attract investment and talent.

Karnataka CM Siddaramaiah. (ANI)
Published on Nov 09, 2023 04:00 PM IST
PTI | | Posted by Yamini C S

Govt may soon table 2nd edition of Jan Vishwas bill in Parliament

Union commerce and industry minister Piyush Goyal asked participants to come up with ideas to quickly reduce some more compliance burdens for both businesses and citizens

Piyush Goyal (Hindustan Times)
Updated on Nov 09, 2023 06:12 AM IST
ByRajeev Jayaswal

Looking for soft targets

Lazy workers aren’t holding back economy; the blame lies with policies that encourage small firms with no ecosystem of innovation

What India really needs is a dynamic micro, small and medium enterprises (MSME) sector which allows it to leverage its comparative advantage in cheap labour and become a leader in manufacture and export of labour-intensive commodities(Sanchit Khanna/HT PHOTO)
Published on Nov 02, 2023 10:45 PM IST
ByHT Editorial

Before 2017, UP govt had become a problem instead of solution: Yogi

UP now stands as one of the leading states in the country in terms of ease of doing business. The state’s economy, which was once ranked 8th or 10th, is now in the race to become number one or two, says CM

UP chief minister Yogi Adityanath during the silver jubilee celebration of Krishna Institute of Engineering and Technology, in Ghaziabad on Wednesday. (PTI Photo)
Updated on Nov 02, 2023 07:06 AM IST

Applied Materials seeks approvals to set up R&D lab in Bengaluru

The team discussed the importance of chemicals and gases needed for the semiconductor ecosystem and the ease of doing business.

Karnataka Congress leader MB Patil. (File Photo)
Published on Oct 06, 2023 11:46 AM IST
PTI | | Posted by Yamini C S

Haryana government initiates steps to decriminalise certain laws

“The objective of this exercise is to improve the ease of doing business and ease of living for citizens by reducing burdensome compliances prescribed in certain acts/rules. The exercise aims to simplify, digitise, decriminalise, and rationalise compliances,” it said. The Haryana government has initiated steps to decriminalise certain laws.

The Haryana government on Friday held a meeting here to discuss the modalities of decriminalising certain laws, according to an official statement. (HT File Photo)
Published on Sep 08, 2023 09:32 PM IST
ByPress Trust of India, Chandigarh

Soon, shops in Chandigarh may be able to stay open 24x7

According to the proposal, which will be submitted to the Chandigarh administrator for approval, shopkeepers will be free to open and close their shops at any time convenient to them

According to Chandigarh administration’s proposal, every shop employee will entitled to one day off every week and no deductions will be made from their wages. (HT Photo)
Updated on Aug 18, 2023 03:25 AM IST
By, Chandigarh

BMC to overhaul citizen services, 9-member committee formed

The Brihanmumbai Municipal Corporation (BMC) in Mumbai plans to overhaul its citizen services and license processes to improve ease of doing business. The BMC aims to make all ward level permissions/licenses available online, similar to passport applications and ITR filing. A nine-member committee has been formed to gather suggestions from citizens, and the new process is expected to be operational within three months. The BMC also plans to introduce comprehensive document submission and transparency in the application process.

HT Image
Updated on Aug 16, 2023 12:25 AM IST

Excise licence process for Delhi hotels, bars tweaked

Applications of those seeking an excise license will go to the licensing authority only two times instead of four, officials said. This will prevent redundancy in the process, thereby saving time

The changes, approved by the excise commissioner who is the sole authority in issuance of the license, are in operation since July 21. (FILE)
Updated on Aug 06, 2023 11:59 PM IST
ByAlok KN Mishra

Collaboration to be faster, easier with India-UK FTA: UK Trade Commissioner for S. Asia

UK’s trade commissioner for South Asia and chief negotiator for India-UK FTA talks Harjinder Kang believes life sciences, health tech and fintech will be key collaboration areas for tech companies in India and the UK

Harjinder Kang, UK trade commissioner for South Asia and chief negotiator for India-UK FTA. (Vishal Mathur/ HT Photo)
Updated on Jun 23, 2023 03:33 PM IST

Punjab witnessing surge in new investments: Govt

The Punjab government on Monday announced that the new industrial policy and other ease of doing business initiatives of the state government have facilitated investments in the state

This surge in investments demonstrates the growing confidence of businesses in the state’s business ecosystem, the spokesperson said. (HT File Photo)
Updated on May 22, 2023 10:29 PM IST
By, Chandigarh

‘Ease of doing business’ improved but long way to go: CII chairman

While addressing the media after a meeting of its members from Maharashtra, Gujarat, Madhya Pradesh and Goa, Sinha said that the industry is positive about the growth rate and there are a lot of opportunities, especially in new sectors like electric vehicles, data centres, electronic manufacturing, pharma inputs and aircraft manufacturing.

“The Indian economy, to a large extent, is insulated from what is happening in Europe and other places. It has its growth trajectory that will continue,” said Sinha. He added that economic growth is now more balanced as growth has moved beyond capital cities into tier-2 and tier-3 cities in Western Region states. (PTI)
Updated on May 20, 2023 12:59 AM IST
BySaurabha Kulshreshtha

Chandigarh DC assures conversion policy for industrial areas within two months

The assurance was given on Thursday after representatives of various industrial associations of Chandigarh under the banner of Joint Forum of Chandigarh Industries attended an Open House with senior UT officials at the UT Secretariat in Sector 9

The Chandigarh DC assured that a conversion policy for industrial areas will be formulated after reaching a consensus among all parties involved. (HT File Photo)
Updated on May 19, 2023 06:39 AM IST
By, Chandigarh

Punjab to soon introduce colour-coded stamp paper for entrepreneurs: Bhagwant Mann

Punjab Chief Minister Bhagwant Mann on Friday announced to introduce a green coloured stamp paper to facilitate the entrepreneurs for setting up their units in the state with claims to give fillip to industrial growth.

Mann said the new system has been introduced to promote ease of doing business for the entrepreneurs desirous of setting up their units in the state. (HT File Photo)
Updated on May 12, 2023 09:48 PM IST
By, Chandigarh

No mafia can spread terror in UP now: CM Yogi

Uttar Pradesh CM Yogi Adityanath has claimed that every district in the state is now safe and has its own identity, while announcing that the state has become an attractive destination for setting up enterprises. Speaking at a programme to sign a memorandum of understanding for setting up textile parks, Adityanath said the government was capable of safeguarding investors' interests and capital. He also criticised previous governments for poor law and order, and said no riots have been reported in the state since 2017. The PM Mitra scheme aims to establish UP as a textile hub.

Uttar Pradesh chief minister Yogi Adityanath and Union minister Piyush Goyal at an event in Lucknow on April 18. (Sourced)
Updated on Apr 18, 2023 11:51 PM IST
By, Lucknow

U.P. developing in line with PM’s mantra of reform, perform, & transform: Piyush Goyal

The Union minister was speaking at a programme organised for inking an MoU for the establishment of the mega textile park in Lucknow-Hardoi districts under PM Mega Integrated Textiles and Apparel (PM Mitra).

MoU for proposed mega textile park inked. (HT Photo)
Updated on Apr 18, 2023 10:11 PM IST

India eyes $900 bn target for exports after a record year

The number is not final and the process to fix a “realistic” target is on, with a focus on new export segments

India eyes $900 bn target for exports after a record year
Updated on Apr 15, 2023 12:01 AM IST
ByRajeev Jayaswal

Central government abolishes VET in PCB area

Earlier in 2022, the ministry of defence had banned the collection of vehicle entry fees in all cantonments however the PCB administration continued with the practice

Following the abolition of VET in the PCB jurisdiction and given that the PCB has been earning revenues to the tune of <span class='webrupee'>₹</span>15 crores to <span class='webrupee'>₹</span>20 crores annually (HT PHOTO)
Updated on Apr 12, 2023 10:26 PM IST
ByNadeem Inamdar

U.P. catching up in start-up race, doing business has become easier: Entrepreneurs

In February, the U.P. government, during the Budget session, told the House that there are up to 50 incubators and 7,200 registered startups operating in the state.

U.P. government implemented several reforms to facilitate proliferation of start-ups in the state. (HT Photo)
Updated on Apr 04, 2023 12:21 AM IST
ByAakash Ghosh

India’s new trade policy aims at $2tn exports by 2030

India's Foreign Trade Policy (FTP) aims to achieve $2tn in exports by 2030, split equally between goods and services, and encourages trade settlements in rupees. The policy takes effect from 1 April and is designed to expand India's share in the global supply chain and exports. The government has launched a dynamic policy without a sunset clause and will launch a ?massive, focused, concentrated? global outreach in the next four or five months, involving Indian missions abroad to boost exports.

HT Image
Updated on Mar 31, 2023 11:53 PM IST
ByRajeev Jayaswal, New Delhi

How to hold Big Tech to account

Tweaks in India’s competition law can help ensure that antitrust action doesn’t remain a mere slap on the wrist for big tech companies

The bill seeks to expand the scope of penalties by taking into account an offending enterprise’s global turnover, not just the value of the business it does in India. (Reuters)
Published on Mar 31, 2023 08:00 PM IST
ByHT Editorial

Centre launches Foreign Trade Policy 2023, aims $2 trillion exports by 2030

The policy will continue to adopt consultative approach to resolve issues of trade and Industry with wider participation of states and districts in promoting exports from the grassroots

 (Twitter | Piyush Goyal)
Updated on Mar 31, 2023 02:27 PM IST
ByRajeev Jayaswal

House panel to discuss Jan Vishwas Bill with ministries

The committee formed to review the draft legislation has called representatives of the electronics and IT ministry, department of agriculture and farmers welfare, and department of food and public distribution for meetings this week.

The Jan Vishwas Bill, introduced in the Lok Sabha in the winter session, amends 42 laws to reduce the compliance burden on individuals and businesses to ensure ease of doing business. (ANI)
Updated on Jan 15, 2023 04:10 AM IST
By, New Delhi

Gujarat achieves top rank in Centre’s ‘Ease of Doing Business’ ranking

Gujarat chief minister Bhupendra Patel congratulated the concerned state departments for this achievement.

Gujarat contributes about 38% to the state's GDP against the country's manufacturing sector, which averages 18%. (ANI file photo. Representative image)
Published on Jul 01, 2022 05:35 PM IST
Written by Harshit Sabarwal | Edited by Aryan Prakash, New Delhi

Centre introduces measures to reduce 'compliance burden'

He said that the mindset for entrepreneurs evolved from ‘not able to understand complexities’ to ‘it is so simple to start a business’.

Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal releasing the publication at the National Workshop on ‘Reducing Compliance Burden and Citizen Activities’, organised by the DPIIT, in New Delhi(ANI)
Updated on Sep 28, 2021 08:08 PM IST
Written by Shankhyaneel Sarkar | Edited by Avik Roy, Hindustan Times, New Delhi

World Bank to discontinue ‘Doing Business’ reports after irregularities found

The irregularities in Doing Business reports had affected four countries: China; Saudi Arabia; United Arab Emirates; and Azerbaijan.

In August 2020, World Bank paused the publication of Doing Business reports following a number of irregularities.(File Photo)
Published on Sep 16, 2021 09:06 PM IST
By | Written by Kunal Gaurav, Hindustan Times, New Delhi
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