The Central Board of Direct Taxes (CBDT) has clarified to the field formations that assessing officers will not pick up cases for scrutiny for startups registered with the Department for Promotion of Industry and Internal Trades (DPIIT) if the cases are related to the valuation of angel tax. This means startups registered by the DPIIT … Read more
The finance ministry has proposed productivity tests for railways, road transport, shipping, and metro rail projects to evaluate their impact on the economy and people’s lives. The Niti Aayog will monitor the data generated by these tests and provide recommendations. A study will also be conducted to assess the optimal share of different modes of … Read more
The government has issued mandatory quality norms for solar cable and cast iron products to curb the import of sub-standard goods and boost domestic manufacturing of these goods. A notification in this regard was issued by the Department for Promotion of Industry and Internal Trade (DPIIT) on August 25. Items under Solar DC Cable and … Read more
The Department for Promotion of Industry and Internal Trade (DPIIT) will soon roll out mandatory quality control and safety standards for a number of household electrical appliances, a senior official said on Thursday. The move is aimed at containing the import of sub-standard goods from countries like China and boost domestic manufacturing. These products, which … Read more
Industry associations should participate on the e-logs platform and deliberate their issues to help service investment group (SIG) address them on a fast-track mode, an official statement said on Thursday. This was suggested to the industry during a meeting of SIG on June 28. It was chaired by Sumita Dawra, the special secretary in the … Read more
Concerned departments where the production-linked incentive scheme is not picking up may consider some course correction in the plan, a top government official said on Tuesday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said the concerned ministries have to see if PLI disbursement is low or if … Read more
The Department for Promotion of Industry and Internal Trade (DPIIT) is hand-holding states and central government sellers like handicraft emporiums to gradually integrate with Open Network for Digital Commerce (ONDC), a senior official said on Monday. ONDC is an initiative of the DPIIT to create a facilitative model to help small retailers take advantage of … Read more
The benefits under the production-linked incentive (PLI) scheme are yielding positive results and there is an intention to roll out these support measures for more labour-intensive sectors such as toys, leather and footwear, a top government official said on Wednesday. The government provides financial incentives under the PLI scheme to as many as 14 sectors … Read more
The government is working on a proposal to bring out the policy for online retailers and e-commerce rules under the consumer protection act on the same page to protect consumers, a top official said on Thursday. Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that once the … Read more
The department for promotion of industry and internal trade (DPIIT) is working on quality control orders for several products, such as lighters, with a view to promote domestic manufacturing of quality goods, a senior official said on Friday. These orders also help in containing import of sub-standard goods into the country. Joint Secretary in the … Read more