Prime Minister to Interact with Economists at NITI Aayog and seek their suggestions for forthcoming Budget

The Prime Minister & Chairman of the newly constituted National Institution for Transforming India (NITI), Shri Narendra Modi has convened a meeting of eminent experts on 6th February at NITI Aayog for interaction on the subject of the state of economy and for inviting suggestions on the forthcoming budget. The Honourable Finance Minister would conduct … Read more

A case for Abolition of Cesses and reduction of interest rate on delayed payment of Service Tax & excise duty

1. ABOLISH Cesses : The levy of 2% Education Cess and 1% Secondary & Higher Education Cess should be abolished and merged into basic duties. These levies are causing complications in documentation, credit availment and accounting. To overcome such hardships, it is suggested that the rates of the main duty be rationalized to the extent of … Read more