Indian Industry Plus A Pratisrutiplus Suppliment

The Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act, 1961(the ‘Act’), which provides deduction for 100 per cent of income of an eligible start-up for 3 years out of 7 years from ...

The time has come to take on the policies of protectionism and unilateral measures by some developed countries that are having an adverse effect on global free trade and if this continues there will be recession in the world and no country will escape it, said Union Minister of Commerce & Industry and Railways, Piyush Goyal. He was speaking at ...

The Ministry of Environment, Forest and Climate change has decided to relax the mandatory charging of lease rent of Rs. 30,000/- per MW for wind power projects. In a review meeting Union Minister for Environment, Forest and Climate Change, Shri Prakash Javadekar took a conscious decision to relax the condition of charging the lease rent of Rs. 30,000/- per MW ...

The 20th High Level Clearance Authority (HLCA) meeting held under the Chairmanship of Hon’ble Chief Minister, Shri Naveen Patnaik in newly inaugurated Kharavel Bhavan conference hall on 19th August, 2019, has approved five investment proposals envisaging investment of Rs. 2,04,069 Crore. With the 5T initiative devised by the Odisha Govt.,where transformation goals will be achieved through teamwork, transparency and technology ...

 Sridhar Patra has been selected by the Public Enterprises Selection Board (PESB) for the post of Chairman cum Managing Director (CMD) of National Aluminum Company (Nalco). Patra is currently serving as its Director (Finance). Patra will take over as CMD of the navaratna PSU on December 1 this year upon the superannuation of the incumbent CMD Dr. Tapan Kumar Chand. ...

Khadi and Village Industry Commission (KVIC) distributed as many as 50 leather kits and 350 Bee-Boxes with live bee colonies in tribal-dominated village in Sirohi district of Rajasthan, one of the aspirational districts in India identified by the NITI Aayog, on World Tribal Day today.   While addressing the villagers, KVIC Chairman Vinai Kumar Saxena said that programmes like Leather ...

The Minister of State for Heavy Industries and Public Enterprises, Arjun Ram Meghwal, inaugurated the 3rd International Electric Vehicle (EV) Conclave at the International Centre for Automotive Technology (ICAT) in Manesar, Gurugram, today. The Conclave was held to create a knowledge-sharing platform to ensure flow of information at all levels in the automotive sector.The EV Conclave organized by ICAT in ...

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of June 2019stands at 130.2, which is 2.0 percent higher as compared to the level in the month of June 2018. The cumulative growth for the period April-June 2019 over the corresponding period of the previous year stands at 3.6 percent. 2. The Indices of ...

Apprentice trainee at NALCOs Smelter Plant, Angul Shri Rajanikant Parida breathed his last yesterday, August 8,2019 at Aswini Hospital, Cuttack. He had sustained burn injury at Angul plant. Earlier on August 06, Dr. Tapan Kumar Chand, CMD and Shri B.K. Thakur, Director (HR) visited the hospital and discussed with the doctors on treatment of Parida. During their visit to the ...

Prominent steel manufacturers met today at Bhubaneswar and interacted on the vision of achieving 100 MTPA capacity for steel production in Odisha. Addressing more than 60 steel manufacturing companies, Dibya Shanker  Mishra, Minister of Industries, Odisha mentioned that the state provides an unparalleled conducive ecosystem for the steel industries to expand their manufacturing facilities. He also stated that the State ...