TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Central Government Sets Criteria for Support to Small Scale Industries Under Industries Act, 1951; Parliament Approval Needed</h1> The Industries (Development and Regulation) Act, 1951, empowers the Central Government to establish criteria for small scale and ancillary industrial undertakings to receive support and favorable treatment. These criteria consider factors like investment, ownership, workforce size, product nature, and foreign exchange needs. Proposed orders must be presented to Parliament for approval. Existing undertakings classified as ancillary or small scale before the 1984 amendment retain their status until redefined. Additionally, before granting licenses or permissions under specific sections, the Central Government may require appointed officers to conduct thorough investigations and report results following prescribed procedures.
TaxTMI 
