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Monday, December 23, 2024 | 09:55 PM ISTEN Hindi

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Centre seeks India Inc's view on economic revival amid Covid-19 outbreak

Key demands and suggestions include improving liquidity, cutting customs duties and goods and services tax (GST) rates, expediting all refunds and a halt on tax scrutiny

Hero MotoCorp, industry, automaker
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The suggestions collated by officers so far include allowing auditors to get special permission to move even during the lockdown with results season round the corner.

Dilasha Seth New Delhi
With the economy at a standstill because of the lockdown, the Centre is crowding in ideas for revival from the industry.
 
Key demands and suggestions include improving liquidity, cutting customs duties and goods and services tax (GST) rates, expediting all refunds and a halt on tax scrutiny and searches till the year-end.
 
Officers across departments and ministries have been asked to speak to people across sectors for ‘SWOT' analysis of issues for revival of the economy. Besides identifying bottlenecks for various sectors, the government is also asking for a wish list from the industry at a time when the global

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