In continuation to my previous writing, today I discuss about some macro movements and programs that have impacted businesses in a large way.
India looks forward to various global collaborations We recognize ‘Ease of doing business ’ as the single most important factor to enable conduct of businesses and fostering partnerships with us. We have improved tremendously in this regard and continue to. We have raced up thirty one positions in availability and distribution of power, with electrification of the entire nation. Our government has extended very attractive benefits in the form of investment incentives, income tax benefits and ILO compatible rules for all textile and apparel employers and in turn, investors. Facility of duty drawback and other simplified refunds promise to make the industry very advantageous. Our Digital India program has not only been facilitating new enterprises through online registration, but also made available easy digital interfaces for all kinds of documentation and tax filing.
All these changes have had a huge impact on every business in the country and those who are associated with those businesses all across the world.
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