In one of the early raids on GST evasion, a senior tax officer in Andhra Pradesh slapped a Rs. 20,000 fine on a business man for the omission of Rs. 15 as GST in a bill. Is the inspector raj returning in the digital era?
India’s ambitions to become a smartphone-making powerhouse are foundering over a lack of skilled labour and part suppliers along with a complex tax regime, industry executives say.
Without full tech transfer in previous arms deals, India’s mainly state-run defence factories have largely been left to assemble knock-down kits even for tanks and aircraft produced under license from the foreign maker.
Prime Minister Narendra Modi along with his Japanese counterpart Shinzo Abe, who was on a two-day visit to India, laid the foundation stone for country’s first bullet train project between Ahmedabad and Mumbai.
In her first act as the Defence Minister, she approved financial assistance out of the Raksha Mantri Ex-Servicemen Fund (RMEWF) for retired military personnel.
US defence secretary James Mattis is likely to visit India in the last week of next month and issues relating to joint development of weapons system are likely to figure during the talks he will have here.
Speaking to a business community, India’s Consul General in Chicago said that ‘Make in India’ is one of the flagship programmes of the Government of India which is aimed at transforming the Indian economy towards making it a “global manufacturing hub”.
During the seminars, Counsellor (Economic) Prashant Lokhande noted the auto sector’s role in India and highlighted on potential for collaboration between Indian and Chinese firms in the sector. Chinese companies queried about Indian taxation structure.
Unlike earlier initiatives, ‘Make In India’ is addressing the constraints to manufacturing sector growth
“Had a good discussion with H. E. Mr. Stefan Löfven @SwedishPM on the phone. I deeply appreciate Sweden’s support for @makeinindia,” Modi tweeted.
PM Modi was therefore absolutely right when he stated that his government’s goal was to give the highest priority to ‘Make in India’ and called upon the world’s manufacturing companies to “Come and make in India”.
Sunil Lanba will visit Israel from June 11 to 15 during which he would be “reviewing progress on ongoing projects and initiatives” with Israel, besides holding meetings with Israel’s Chief of Staff Gadi Eizenkot and the head of Israeli Navy
Apple has started the trial run for manufacturing iPhone SE in India in the state of Karnataka
Apple’s iPhone SE manufactured in India could soon be on its way, as the company has started trial run for these
Apple will start assembling its lower-priced iPhone SE models at a contract manufacturer’s plant in Bengaluru