FM: Indian economy has emerged as one of the fastest growing economies in the world with its GDP growth accelerated at 7.3 percent in 2014-15; Economy is firmly on the path of economic revival

FM: Indian economy has emerged as one of the fastest growing economies in the world with its GDP growth accelerated at 7.3 percent in 2014-15; Economy is firmly on the path of economic revival https://www.taxtmi.com/news?id=15444 Stakeholders urged deferral and narrower application of Place of Effective Management (POEM) rules to avoid impeding industrial growth, early implementation of Goods and Services Tax (GST), simplification of tax procedures and online harmonisation of duties to ease business. They recommended extending tax benefits for Special Economic Zone activities by delaying a sunset provision, reducing Minimum Alternate Tax (MAT) and increasing the MAT utilisation period, corporate tax reductions, and incentives to revive mobile manufacturing and support pollution free industries. en-us Fri, 08 Jan 2016 09:37:48 +0530 Fri, 08 Jan 2016 09:37:48 +0530 TaxTMI RSS Generator FM: Indian economy has emerged as one of the fastest growing economies in the world with its GDP growth accelerated at 7.3 percent in 2014-15; Economy is firmly on the path of economic revival https://www.taxtmi.com/news?id=15444 Stakeholders urged deferral and narrower application of Place of Effective Management (POEM) rules to avoid impeding industrial growth, early implementation of Goods and Services Tax (GST), simplification of tax procedures and online harmonisation of duties to ease business. They recommended extending tax benefits for Special Economic Zone activities by delaying a sunset provision, reducing Minimum Alternate Tax (MAT) and increasing the MAT utilisation period, corporate tax reductions, and incentives to revive mobile manufacturing and support pollution free industries. News - Fri, 08 Jan 2016 09:37:48 +0530 https://www.taxtmi.com/news?id=15444