DESH Bill logjam may force Cabinet secretary to step in
Business Standard|January 11, 2023
Amid continued differences between the commerce and the revenue departments over the proposed revamped special economic zone (SEZ) law or the Development of Enterprises and Services Hub (DESH) Bill, the Cabinet secretary may step in to clear the deadlock over vexed issues.
- SHREYA NANDI
DESH Bill logjam may force Cabinet secretary to step in

Despite several rounds of meetings, the revenue department is not on board as far as certain aspects of the fiscal framework tax incentives of the draft Bill are concerned, people aware of the matter said.

The Bill has been prepared by the commerce department.

"The next step could be that the commerce and the revenue secretaries meet and look at ways to iron out the concerns. Even if that doesn't work, the Cabinet secretary will take the final decision," said a source.

However, there may be a further delay in the finalisation of the Bill.

この蚘事は Business Standard の January 11, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Business Standard の January 11, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

BUSINESS STANDARDのその他の蚘事すべお衚瀺
Chennai In Wait-And-Watch Mode: Will CSK Paint The Town Yellow?
Business Standard

Chennai In Wait-And-Watch Mode: Will CSK Paint The Town Yellow?

Come Saturday, hundreds and thousands of Chennai's 6.6 million people, and millions of fans outside the city, will be rooting for Chennai Super Kings (CSK) as they clash against Royal Challengers Bangalore (RCB).

time-read
4 分  |
May 15, 2024
Financial Markets Prefer Stability, Predictability: FM
Business Standard

Financial Markets Prefer Stability, Predictability: FM

Warns of unchecked explosion in F&O retail trades

time-read
1 min  |
May 15, 2024
I Never Do Hindu-Muslim Politics: Modi
Business Standard

I Never Do Hindu-Muslim Politics: Modi

Celebrated Eid; Oppn tarnished image among Muslims after 2002: PM

time-read
2 分  |
May 15, 2024
India's Al Spend May Touch $5 bn By 2027
Business Standard

India's Al Spend May Touch $5 bn By 2027

Spending on artificial intelligence (AI) in India is expected to grow at a compound annual growth rate of 31.5 per cent from 2023 and might reach $5.1 billion by 2027, according to a joint study released on Tuesday by Intel and International Data Corporation (IDC).

time-read
1 min  |
May 15, 2024
Multiple launches to boost Cipla's margin prescription
Business Standard

Multiple launches to boost Cipla's margin prescription

The shares of pharma major Cipla slipped by about 4 per cent on Tuesday, after gaining over 5.6 per cent a day earlier.

time-read
2 分  |
May 15, 2024
Business Standard

Novelis files papers in US for IPO

Novelis, Hindalco Industries' US subsidiary, has filed a registration statement on Form F1 for its proposed initial public offering (IPO) with US securities regulator Securities and Exchange Commission (SEC), the firm said.

time-read
1 min  |
May 15, 2024
Business Standard

MF investment strategy: Be wary of rich valuations

Mutual fund investors are in the crosshairs due to the widespread offloading of stocks by foreign institutional investors (FIIs), expensive valuations of the Indian markets compared to global peers, and nervousness ahead of the Lok Sabha election results.

time-read
2 分  |
May 15, 2024
Business Standard

MFS EMBRACE HEALTHCARE, FINANCE STOCKS AS SMALLCAPS BOUNCE BACK

Mutual funds (MFS) embraced smallcap shares across sectors like healthcare, hospitality, and financial services, as the net inflows bounced back in April from the March lows.

time-read
1 min  |
May 15, 2024
Business Standard

JSPL stock factoring in improving prospects

THE COMPASS DEVANGSHU DATTA Jindal Steel & Power's (JSPL's) Q4FY24 results were in line with consensus.

time-read
2 分  |
May 15, 2024
Ease penal action for glitches, Mils appeal to Sebi
Business Standard

Ease penal action for glitches, Mils appeal to Sebi

Regulator to seek suggestions applicability of financial disincentives

time-read
2 分  |
May 15, 2024