https://www.taxtmi.com/news?id=12841 The Department has mandated immediate adoption of the NIC-2008 system in place of NIC-1987 for classifying activities in industrial licence and IEM proposals, citing economic structure changes, evolving user needs and the need for international compatibility; the upgrade aims to create a more investor-friendly, internationally attuned classification that standardises categorisation for approvals and registrations. en-us Fri, 27 Jun 2014 14:53:20 +0530 Fri, 27 Jun 2014 14:53:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12841 The Department has mandated immediate adoption of the NIC-2008 system in place of NIC-1987 for classifying activities in industrial licence and IEM proposals, citing economic structure changes, evolving user needs and the need for international compatibility; the upgrade aims to create a more investor-friendly, internationally attuned classification that standardises categorisation for approvals and registrations. News - Fri, 27 Jun 2014 14:53:20 +0530 https://www.taxtmi.com/news?id=12841