IT hardware companies expect to resume partial production this week, 100% next month if no change in govt guidelines
Members of two industry associations that are ready for resuming production activity but are apprehensive about execution of order at ground leve
Corporate India takes measures to stem coronavirus; Paytm shuts Gurugram office for 15 days after employee tests positive
India has reported 30 confirmed cases of coronavirus. Iran, Italy and South Korea are among the worst affected countries outside of China.
Budget 2020: Govt likely to restore 2% additional duty incentive on mobile phones export; notification may be issued soon
The India Cellular and Electronics Association (ICEA) had written to the government expressing disappointment on the reduction of the incentive, saying it will lead to massive job losses.
Industry, traders and farmers on Monday appreciated the Modi government's decision not to join China-backed mega Regional Comprehensive Economic Partnership (RCEP)
Ahead of the Budget, representatives of the tech sector and industry bodies like Nasscom, IAMAI and MAIT met Minister of State for Finance Anurag Thakur on Saturday to discuss various issues, including tax structure, and share their views on strengthening the digital economy
Software industry, under the aegis of Nasscom, on Monday sought a resolution of the issues related to service tax refunds and GST during the pre-budget meeting with Finance Minister Arun Jaitley
Under the GST regime, 18 percent tax will be levied on personal computers and 28 percent on monitors which will hit local manufacturers.
The IT hardware industry body MAIT has also sought clarity from the government on two rates proposed for printers.
During the year 2014-15, server sales registered a growth of 30 per cent over the last financial year at 1,82,727 units.
The Group will provide strategic inputs to various committees and teams that would be constituted under the aegis of the PMO, DeitY and other government departments and ministries.
Industry leaders allege that beyond the budget announcements, the implementation of the scheme has been poor on the ground.
It is recommended that Central Government should come out with the draft GST legislation at the earliest for the purpose of understanding, discussions and eliciting the views of the business and trade.
Anwar Shirpurwala, executive director, MAIT, said, "The initiative of the new Government is extremely encouraging, especially its focus on the manufacturing sector. However, what is needed is a clear roadmap for implementation."
As per estimations provided by the apex body for information technology hardware Manufacturers Association of IT (MAIT), tablet sales in the country are...
Although sales growth was subdued in enterprises, the overall consumption in the PC market was led by telecom, banking and financial services sectors, education and households segment.
The nine founding members of CSCI India have pledged to reduce carbon emissions by 4 million tons and reduce 50 percent in energy costs through efficient computing in the next three years.
The overall consumption in the PC market was led by telecom, BFSI, and education sectors and the e-governance initiatives of the Union and state governments.