i am in profession for last two decades and manufacturing is the - TopicsExpress



          

i am in profession for last two decades and manufacturing is the worst hit in last two decades. And two reasons for the same are 1. Extortionist attitude of tax officials, complicated tax policies and complicated tax administration which has resulted in tax terrorism in India 2. Dictorial behavior of Administrator further if`Make in India` campaign need to be successful ,it need to take care these two facts. In addition it will have to be followed up by more tangible measures such as building ports, highways, increasing power generation and so on, to make India a manufacturing hub, if these steps taken care, i hope that manufacturing sector which is in negative territory right now could be zoomed to 7% and if we make our Ecomomy tax friendly like Singapore and Hongkong, it could be zoomed to 10% and can really challenge China
Posted on: Fri, 26 Sep 2014 05:58:40 +0000

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