Repealing of 51% FDI policy in Retail will strengthen domestic trade CAIT called for restructuring of retail trade in India
Nagpur. "The statement of Union Commerce Minister Mrs. Nirmala Sithraman about considering repealing of 51% FDI policy for retail is a timely step of the Government and we welcome this statement"-said the Confederation of All India Traders (CAIT) which has...
Anti-encroachment drive illegal claim shopkeepers
Nagpur. For the past three days, while adhering to the directive of the Nagpur Bench of Bombay High Court in the busy market area of Sitabuldi, in a joint operation of Nagpur Municipal Corporation, Police and MSEDCL, an Anti-Encroachment Drive was...
RBI seized forged notes worth Rs 78.55 crore
Nagpur: The Reserve Bank of Indi(RBI) has seized forged notes worth of Rs 78.55 crore from circulation in the market during the last three years. The circulation of forged notes is increasing daily and created problem for Indian economy. Surprisingly, the Central...
Be a learner to keep your brain young – Dr. Lokendra Singh.
Nagpur. Recently Nagpur Branch of WIRC of ICAI organized Fellowship Meet on How to keep your brain healthy - Mind your Mind (A healthy mind) at ICAI Bhavan, Dhantoli, Nagpur in which one of leading Senior Consultant in Spinal & Neurosurgery,...
LBT search & seizure action on centres of Micromax; Mobile Expert, Al Raza Mobile & Anurag Enterprises dodge tax in lakhs
Nagpur. Local Body Tax department conducted search and seizure actions at three Authorised service centres of Micromax Mobile named Mobile Expert, Shop No.113, Honey Archana Complex, Medical Square, Al Raza Mobile Service Centre, Dhantoli, and Anurag Enterprises, Wade Bhawan, Agrasen Square,...
BJP CA cell discusses Company Law, GST with Nitin Gadkari
Nagpur: BJP CA Cell recently met union transport minister Nitin Gadkari and apprised him of the issues, concerns and suggestions of trade and industry with respect to proposed GST module. They also informed him about the harsh provisions of Company Law 2013. BJP...
Any move to bring FDI in retail will be opposed tooth and nail: CAIT
CAIT demands Government to withdraw retail FDI notification Nagpur. "The recent adoption of FDI policy by Union Government retaining permission of 51 percent FDI in Multi Brand Retail is unacceptable to trading community of the Country and as such we call upon...
India’s exports dip 14% in April, imports decline 7.5%; trade deficit rises to $10.99 billion
Nagpur: Continuing its declining trend, India's exports shrank by about 14 per cent in April to USD 22 billion, registering a contraction for fifth straight month. The slump in exports is mainly due to global slowdown, dip in crude oil prices...
Introduction of GST is revolutionary: Patodia
Nagpur: Goods and Services Tax is a revolutionary step taken by the government and it would increase the share of states in the revenue collected by the Centre said, chairman of Western India Regional Council of ICAI, Sunil Patodia. Patodia was...
Support functions are crucial to achieve Mission one billion coal production : Rajiv R Mishra
Nagpur: Chairman cum Managing Director of Western Coalfields Limited Rajiv R. Mishra presented a technical paper on “Mission one billion tonnes coal” during “National Seminar on challenges in Enhancing Coal Production through State of Art Technology, higher productivity & innovation” in...
Microsoft launches most affordable Lumia Smartphone 430 in city
Introduces ‘Knockout on Wheels’, an innovative, offline medium to showcase the uncompromised Windows OS experienced offered on Lumia 430 Nagpur: Microsoft launched the Lumia 430 Dual SIM, the most affordable Lumia yet in the city on May 14, 2015. While addressing the...
LBT amnesty scheme : Nagpur Traders welcome move
Nagpur: When any pro-welfare scheme is launched by the government, it gets overwhelming response by the general populace. In the latest decision taken in a Cabinet meeting held on May 12, 2015, the Maharashtra State Government has decided to approve...
Cabinet approves 10% stake sale in IOC and 5% in NTPC
NewDelhi/Nagpur: The Cabinet Committee on Economic Affairs on Wednesday cleared sale of a part of its equity in National Thermal Power Corporation and Indian Oil Corporation. The government is looking to sell 5 per cent of its shares in NTPC...
State Govt declares amnesty scheme for recovering pending LBT dues
Nagpur: In a major move, the Maharashtra Cabinet on Tuesday decided to implement “Abhay Yojana 2015” (Amnesty Scheme) to recover pending dues of Local Body Tax (LBT). In this scheme, those traders paying the original pending tax amount will be given relief...
Vicco Chairman Pendharkar conferred with ‘Marathi Udyojak Jeevan Gaurav Puraskar’
Nagpur: The Chairman and Director of Vicco Group of Companies Gajanan Pendharkar was conferred with “Marathi Udyojak Jeevan Gaurav Puraskar” for this year by Nirvan Institute. The Nirvan Institute confers the award year and this year, the industrialist of repute...
GST Bill goes to select committee of Rajya Sabha
NewDelhi/Nagpur: With no consenus in sight and the government facing a number crunch in the Rajya Sabha, the contentious land bill may be referred to a joint committee of both Houses of Parliament and the GST bill to a select...
Citizens invited to join Vidarbha Sinchan Shodh Yatra to Lower Wardha Project
Nagpur. Loknayak Bapuji Aney Smarak Samiti, Janmanch, Bharatiya Kisan Sangh, Swadeshi Jagaran Manch and the Vidarbha Economic Development Council (VED) conducted a survey of Turagondi dam project on 30th April only to find it in a shambles and the farmers in...
Development of WCL and Coal Industry is utmost priority : Rajiv R. Mishra
Nagpur. Dated May 11, 2015 SAMWAD-20 groups of Western Coalfields Limited organized a presentation before the Chairman cum Managing Director of Western Coalfields Limited, Rajiv Ranjan Mishra today at WCL headquarters, Sanskrutik Bhawan. While addressing on the occasion Mishra said that...
ADMA, VDMA organize workshop on vital topics concerning Ayurvedic drugs & industry
Nagpur. The Ayurvedic Drug Manufacturers Association (ADMA) and Vidarbha Drug Manufacturers Association (VDMA) jointly organized a one-day workshop on “Novel Formulation Technology for ASU production”, “Role of Microbiology Control in context of D & C Act 1940” and “National Biodiversity...
Property attached of Khushi Creations for failure of paying LBT
Nagpur: On 26.9.2014 a Search and Seizure action under section 152J of Maharashtra Municipal Corporations Act, 1949 was conducted by LBT Department on M/s Khushi Creations, 5-A, Vinkar Bhawan, Gandhibagh, Nagpur; owned by Shri Kamal Sunderlal Wadhwa. The dealer though imported...
LBT search & seizure action on M I Bath System, RF Array System Pvt. Ltd for dodging tax in lakhs
The Department also seizes bank accounts of eight reputed firms for evading LBT. Nagpur. In a major action, the Local Body Tax Department of Nagpur Municipal Corporation conducted search and seizure action at M/s M I Bath System, P.No.1, Laxmi Nagar, Nagpur;...
