Search Result for : Ernst Young

Government for promotion of domestic fertilizers

 The Dollar Business Bureau The Minister of State for Chemicals & Fertilizers, Hansraj Gangaram Ahir, on Friday, informed about the government’s moves focused on the incentivization of the domestic production of fertilizers. According to the Minister, a study conducted by the Department of Fertilizers through Ernst & Young focused on the impact of Nutrition Based Subsidy (NBS). According to the findings of the study, the overall burden from the Phosphatic & Potassic (P&K) fertilizers declined, the availability of the same improved, and there has been a significant increase in prices payable by farmers for P&K fertilizers. The study further recommended that the prices of P&K fertilizers must be reasonable and the Indian players in mines should make a strategic investment ...

Incentivise exports to increase demand for consumer electronics: FICCI

Jayarama Emani | The Dollar Business The Government has to develop the export base for creating the push for increasing manufacturing base to meet the new exports demand in the consumer electronics manufacturing segment, a policy recommendations document by FICCI and EY (Ernst & Young) said. The document also recommended expanding trade agreements with export attractive regions such as Africa and Bangladesh thus driving the government’s ‘Make in India’ agenda. Suggesting that the status of “deemed export” should be granted to products/components manufactured and sold in India, the report said that such a move will enable the benefits of drawback, advance authorization and refund of output excise duty paid by manufacturers by availing credit of input taxes paid on components ...

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