Comments
The Federation of Indian Export Organisations is likely to propose investment-linked incentives without any threshold limit for medium, small and micro enterprises since the current threshold limit of Rs 100 crore is only applicable for large companies.
Rafiq Ahmed, President of FIEO, is attending a pre-Budget meeting with Finance Minister Arun Jaitley.
Fiscal incentives such as the one proposed by FIEO are likely to encourage capital infusion in labour intensive sectors.
Ahmed is likely to propose investment allowance without any threshold limit or with a high threshold of Rs 1 crore for small-scale and Rs 5 crore for medium-scale industries to help add capacity and achieve the export target over the next five years.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.