Clarity and certainty in tax laws will avoid litigations: Expert
Sai Nikesh | The Dollar Business The Associated Chamber of Commerce and Industry (ASSOCHAM), India, on Wednesday, organized a National seminar on Tax Deduction at Source (TDS). The seminar discussed various issues and challenges in the Indian taxation system, while making a strong pitch for timely remittances of taxes as key factors for TDS and the government revenues. Speaking to The Dollar Business, Anshu Khanna, Partner, Tax & Regulatory Services, Walker Chandiok & Co LLP, said, “There is a clarity and certainty that has to be attained in the tax laws so as to avoid litigations.” She further urged for simplification of procedures, clear tax mechanism, dispute resolvation mechanism in the cases involving international investors and a soft ...
Government should promote vendorisation amongst small & large industries
Jayarama Emani | The Dollar Business World over, micro, small and medium enterprises (MSMEs) are exporting, but as an exporting nation we rank very low as our exports are legible, said Dr. Tamal Sarkar, Director, Foundation for MSME Clusters. Speaking exclusively to The Dollar Business, during a recently held event on ‘Make in India’ by The Federation of Telangana & Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI), Sarkar said, “If not international exports, I will rather look at MSMEs export internally to larger industries. We must promote vendorisation in India, so that MSMEs absorb technologies the way large enterprises do it by collaborating with multi-national companies.” In his presentation, ‘MSMEs and Global Competitiveness - A cluster based approach,’ ...
