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FIX GST ON CAPITAL GOODS TO REVIVE PRIVATE INVESTMENT Why in the News? Policy debate: An opinion article flags structural flaws in GST treatment of capital goods, linking them to weak private investment response and potential impacts on environmental clearances. Budget relevance: The issue gains urgency ahead of the Union Budget, where reviving private investment …
Read MoreTaiwanese Firm to Invest ₹1,000 Crore in Karnataka’s Industrial Park In a significant move aimed at strengthening India’s position in the global electronics and semiconductor value chain, the Allegiance Group, a Taiwanese firm, has signed an agreement with the Karnataka government to invest ₹1,000 crore in the development of an India-Taiwan Industrial Park (ITIP). This …
Read MoreWhy in the news? ADB recommends India simplify tariff policy, enhance trade competitiveness, and integrate into global value chains to boost the manufacturing sector. About the Simplification of Tariff Policy: ADB suggests India streamline its tariff policy to enhance trade competitiveness and boost integration with global value chains. Simplified tariff regulations can facilitate smoother trade …
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