Page 8 - Cii

States should have the power to determine minimum wages: CII

Says national minimum wage will hit job creation

CII bats for GSP, says continuation of scheme beneficial to both US, India

Under the GSP regime, India enjoys zero tariffs on around $ 5.6 billion of exports to the US

India is expected to witness strong economic growth in 2019, says CII

Despite 2018 being filled with external vulnerabilities, India outshined as the world's fastest growing major economy

Cap on independent directors' pay is regressive, scrap it, CII tells govt

The total remuneration of non-executive directors, including independent directors, is capped by Section 197 of the Companies Act, 2013

Govt should consider 100% FDI in multi-brand retail trade for growth: CII

To overcome the barriers and enable a smooth growth and harmonious coexistence of traditional and modern retail, the government needs to adopt a single cohesive national retail policy

We've to reduce interest rates to boost demand: Shobana Kamineni

Shobana Kamineni, executive vice-chairman of health major Apollo, recently took over as president of the Confederation of Indian Industry (CII). In an interaction with Subhayan Chakraborty, she says agricultural income should be taxed above an exemption limit. Edited excerpts: What is CII's position on the issue of agricultural income being taxed?CII believes in tax parity. Ninety per cent of the people earn so little that they are not within the purview of any tax. In fact, they ought to be helped. They are not even within the taxable income bracket.What about those who are?They are just like us. If I earn ~5 lakh and am taxed only because I live in a city, why shouldn't I be taxed if I live on a farm? These things are now whispers that'll become a shout. I'm looking at it from the angle of tax parity and not a political one. People are also misusing it (tax exemption) by rerouting benefits. That should not happen. We believe in transparency, governance and in parity.Will the other ..

Biz confidence hits record high with cos upbeat on economy: CII

60% of respondents anticipate an increase in new orders during Jan-Mar 2017

CII throws weight behind GDP figures

CII ASCON survey has revealed a significant improvement in performance in the Oct-Dec quarter

India, UAE trade to hit $100 billion by 2020: CII

Currently, the trade between Indian and the UAE is estimated around $60 billion

CII lists a host of steps to make procurement policy from MSME a success

From April 2015, all PSUs are directed to procure at least 20% of their product & service requirements from MSME

CII favours short-term protection of steel industry

It said a temporary protection of the Indian steel industry against cheap Chinese imports is acceptable

CII hails PM Modi's assurance to end tax terrorism

Modi said the common people are more scared of income tax officials than the police

Industry business confidence rose in June quarter: CII

Moreover, 61% of the firms expect an increase in sales in April-June 2016 compared with only 42% in January-March

CII to help states on ease of doing business

It will help the state governments in promoting northern region as an agriculture and high-value food powerhouse

CII lauds relaxed FDI norms, says it will encourage global brands

This is the second major reform after the last radical changes announced in November last year

Normal monsoon will outweigh concerns on oil price rise: CII

Oil prices last week touched $50 per barrel, raising concern of its spiralling impact on inflation and growth

CII to launch water resources mgtt tool in select states

The Confederation of Indian Industry (CII) is planning to launch WATSCAN, an advanced tool for Water Resources Evaluation and Management at watershed level, said Naushad Forbes, president of CII. Speaking at a Press Conference in Chennai on Friday, he explained that this tool has been developed by CII to identify water generation, accumulation and losses in geographical areas. CII will apply WATSCAN in select States in the country. While the key focus areas of CII for the States would be on ease of doing business, infrastructure, manufacturing and entrepreneurship, revival of rural demand would be given much impetus in the work plan for States. The organisation wants creating a policy enabling environment for Southern States to play a key role in boosting the overall growth of the country, he added.Talking about CII's new initiatives for 2016-17, he said it has taken initiatives to establish Public Private Partnership Start-up Centers in the States - a new model institution for ...

cloudBuy powered CIITrade.in opens for business

The platform brings together B2B buyers and sellers to trade domestically as well as globally

Investments follow demand, intolerance debate not an issue: CII

The CII prez said that it was too early to say if such issues were diluting the focus away from economic growth & development.

Record number of MoUs have been signed recently: CII North Zone chief

Q&A with Rumjhum Chatterjee, President, CII's North Zone