Tag «President FICCI»

Points raised by Shri Sidharth Birla, President FICCI, in the meeting with the Hon’ble Finance Minister, Shri Arun Jaitley on June 6, 2014

Points raised by Shri Sidharth Birla, President FICCI, in the meeting with the Hon’ble Finance Minister, Shri Arun Jaitley on June 6, 2014 · Conducive Tax Environment There is too much pressure on the tax officers to maximise revenue collections leading to arbitrary adjustments/additions, denial/delay in refunds/drawback, disputes and pointless litigation. Revenue generation is …

FICCI comments on RBI’s Monetary Policy Review

New Delhi, June 3, 2014: “The Reserve Bank of India has maintained status quo on key policy rates. FICCI feels an accommodative stance would have given better encouragement to investments amid early positive sentiments after the new government took charge and is pursuing a growth agenda. After this policy, our hopes are singularly hinged on …

FICCI Comments on Relaxing the Import Curbs on Gold

New Delhi, 23 May 2014: FICCI welcomes the RBI’s move to relax the import curbs on Gold by allowing some large private gold importers i.e. star and premier trading houses, to import the yellow metal, although, within 20:80 scheme. This move will help in reduction of gold prices in the domestic market and will also help …