Alok Bharadwaj, Senior Vice President, Canon India.
"While I expect this budget to foremost address macro issues that impact demand generation, industry also needs administrative & tax reforms in various areas like for movement of goods & double taxation. In 16 states in india, there are entry formalities for goods movement. Every transaction needs to accompny with entry form, availability of which is always cumbersome. There are also double taxation on works contracts for providing services to customers in OA & Imaging industry. We levy service tax on total value of contract and then VAT on material value. This needs correction. On custom duties, correction is needed on lens & accessories of Digital SLR which are classified separately & thus attract peak duties of 10% where as Digital SLR is classified under zero basic duties. This results into extremely high grey market for lenses causing enormous revenue losses for Govt as well as Companies operating in India. Apart from this some announcement on GST progress roadmap will be highly welcome."
PR agency of the Year
Indy's Award 2009
20:20 MEDIA is a twenty year old leading PR firm in India. This year it has been named PR agency of the year at Indy's awards. Its 140 people are based in Delhi, Bangalore, Mumbai, Pune, Hyderabad, and Chennai. For more information visit: www.2020india.com
No comments:
Post a Comment