Industry status

Visakhapatnam: Reeling from the prolonged period of Covid-19, soaring land prices and difficulty in accessing institutional funding, the real estate sector has upped the ante for granting industry status in the Union budget for 2022-23. The sector, which is expected to contribute significantly to making India a $5 trillion economy by 2004-25, is the second […]

The 2022 EU budget should focus on strengthening the investment climate and streamlining taxation in the real estate sector, according to promoters. More tax benefits for homebuyers, changing definition of affordable housing among top real estate budget wish lists Second job creator after agriculture, the real estate sector has seen a resurgence in demand in […]

BLOOMINGTON, Ill. (WMBD) – Brides-to-be in central Illinois had the opportunity to plan the wedding of their dreams with the help of approximately 40 event and wedding vendors. The bi-annual Elegant Bridal Expo on Sunday afternoon was held at the DoubleTree by Hilton in Bloomington. A local events coordinator and owner of Bird Nest Events, […]

The Center could grant infrastructure as well as industry status to new sectors to boost several industries affected by the pandemic in the next Union budget. Industry insiders said that several sectors and sub-industries such as hospitality, automotive retail, specific digano installations and companies engaged in the installation of electric vehicle charging stations, among others, […]

The Center could grant infrastructure as well as industry status to new sectors to boost several industries affected by the pandemic in the next Union budget. Industry insiders said that several sectors and sub-industries such as hospitality, automotive retail, specific digano installations and companies engaged in the installation of electric vehicle charging stations, among others, […]

The Center could grant infrastructure as well as industry status to new sectors to boost several industries affected by the pandemic in the coming months. Union budget. Industry insiders said that several sectors and sub-industries such as hospitality, automotive retail, specific digano installations and companies engaged in the installation of electric vehicle charging stations, among […]

A majority of real estate players are looking to FM Nirmala Sitharaman’s 2022 budget announcements with great hope as they believe that only a strong government hand can put the sector on a solid footing. Hit hard by the pandemic amid an economic downturn and stagnating house prices for a few years now, property developers […]

Efforts will continue this year to help tourism regain its status as a key industry in Hungary, the deputy director general of the Hungarian Tourism Agency said on Friday. László Könnyid said on Facebook that special attention will be paid this year to developing tourism services for expatriates and improving the restaurant industry, religious tourism […]

ISLAMABAD: The federal government has decided to grant industry status to rice processing factories to boost rice exports and solve other problems, sources said on Tuesday. In this regard, the Ministry of Commerce will send a summary to the Economic Coordination Committee (CEC). Sources at the Commerce Ministry said L’Express Tribune that giving the status […]

India’s retail sector is one of the fastest growing and fastest growing in the world, and is expected to reach $ 1.3 trillion (₹ 98.3 lakh crore) by 2025-2026, According to a 2021 Bain & Company report. Representing over 10% of India’s GDP, the sector is the second largest source of job creation and livelihoods […]

Pune, December 9, 2021: “The government of Maharashtra is doing a lot of work to promote and strengthen cinema. Regarding this, the Ministry of Culture of the Government of Maharashtra is about to announce the “status of the industry” for films. This will make the filmmaking sector more affordable, more structured and open to many […]

CHANDIGARH: Hard hit by the Covid-19 pandemic, the Association of Hotels, Restaurants and Resorts of the Punjab urged Chief Minister Charanjit Singh Channi to also extend these benefits to the hotel sector which have been granted to the industrial sector, since that hotels were granted the status of industries in the state in December 2012. […]

On August 27, 2021, the National Intellectual Property Administration of China (CNIPA) released a report titled Development Status of Patent Agency Industry (2020). According to the report, by the end of 2020, the number of Chinese patent practitioners reached 53,090, of which 23,193 are practicing patent attorneys, and there are 3,253 patent agencies (excluding Hong […]

The leaders of the Bangladesh Restaurant Owners Association (BROA) have requested industry status for the catering sector as well as the formulation of a specific policy operating mobile courts in the restaurant. They alleged that a frightening atmosphere had recently been created in the restaurant industry on behalf of the mobile courts. At a press […]

Prime Minister and Industry Minister’s joint proposal wins Cabinet approval Cabinet co-spokesperson said film industry contributed Rs. 1.9 billion to GDP in 2019 Stakeholders say move will pave way for new investment and allow producers to fund new films Stresses that state support is long overdue as only 50% of cinemas survived post-pandemic By Charumini […]

Prime Minister and Industry Minister’s joint proposal gets Cabinet green light Cabinet co-spokesperson says film industry contributed Rs. 1.9 billion to GDP in 2019 Stakeholders say move will pave the way for new investment and allow producers to fund new films Stresses that state support was long overdue, as only 50% of cinemas survived after […]

Cabinet approval was granted to officially recognize the country’s film trade as an industry with the aim of promoting and gaining international recognition for the sector.Prime Minister Mahinda Rajapaksa, in his capacity as Buddha Sasana’s Minister of Religious and Cultural Affairs and Minister of Industries Wimal Weerawansa, on Monday presented a joint proposal seeking approval […]

Hotels and restaurants have urged the state government to ensure industry status for the hospitality sector, which has been struggling with skyrocketing maintenance costs. The occupancy rate was affected for the second year in a row with the impact of COVID-19. Until the pre-COVID period, the occupancy rate was around 70% and it reached 90% […]

ISLAMABAD: The hospitality sector in Pakistan has great potential and the government should grant it the status of industry in order to reap maximum economic benefits, the president of the Islamabad Chamber of Commerce and Industry said ( ICCI), Muhammad Shakeel Munir. Speaking to a delegation from the Islamabad Restaurants Association on Tuesday, the ICCI […]

Real estate in partnership with infrastructure has boosted GDP growth over the years; and it has the potential to help India achieve its goal of becoming a $ 5,000 billion economy. Over the years, we’ve seen how, in some ways, small tweaks lead to major benefits. One such aspect is the granting of industry status. […]

Madan Prasad Bezbaruah, former secretary of the Tourism Union, government. of India and Secretary General of the Hotel Association of India, shares his perspective on the current state of the hotel industry as well as the way forward … The industry has seen some positive signs after the lockdown last year. However, the second wave […]

AP Chambers called on BJP National Secretary General and Rajya Sabha MP Arun Singh to grant industry status to the logistics sector. Mr. Arun Singh was in town to participate in a “meeting of intellectuals” organized by the party here on Wednesday. AP Chambers Chairman Sudhir Mulagada and KRB Vice Chairman Prakash made some suggestions […]

Express press service CHENNAI: Should Tamil Nadu grant industry status to the tourism sector to help it weather the pandemic-induced crisis? In debt for more than a year, and with vacant rooms, the sector is banking on the plan drawn up by the National Tourism Directorate to revive the sector. Chief Minister MK Stalin has […]

ISLAMABAD: Government proposed industrial status for telecommunications sector, reduced withholding tax rates from 12.5% ​​to 10% for tax year 2022, and 8% for telephone users due to mobile phone and Internet or prepaid phone cards, reduced rate of federal excise duty on telecommunications from 17% to 16%, and a reduced withholding tax rate of 3% […]

“In order to expand the telecommunications sector and promote investment, it is proposed that the telecommunications sector be given industrial enterprise status,” Tarin said during his speech. The government granted industrial status to the telecommunications sector in the federal budget for the fiscal year 2021-22. Unveiling the budget measures on Friday, Finance Minister Shaukat Tarin […]

ISLAMABAD: The federal government has decided in principle to grant industry status to rice processing plants in order to increase rice exports to $ 5 billion over the next four years. In this regard, a high-level meeting discussed in detail the targets set under the Economic Awareness Initiative (EOI) which will be presented by the […]

The application process is now open on the official website of Maharashtra Tourism The government of Maharashtra announces the criteria for collecting taxes and charges at industrial rate for unclassified hotels, in the special hospitality category. The application process is now open on the official website of Maharashtra Tourism. The tourism sector can play a […]

ISLAMABAD: To boost the Digital Pakistan initiative, the government decided to grant significant concessions to the information technology and telecommunications sector by granting it the status of “industry”, with reduced taxes and duties Federal Information Technology and Telecommunications Minister Syed Amin-ul -Haque said on Thursday. Various heavy taxes on the telecommunications sector will be gradually […]

The hotel industry, with aviation, has been hit on the front lines by the pandemic, but you’ll be hard pressed to see when looking at Taj, India’s leading hotel chain. The Tata Group company is in a wave of renovation and repositioning, regularly producing new ideas and experiences. His latest venture was the relaunch of […]

By Express press service BENGALURU: To help the hotel sector which has been affected by Covid, the state government has decided to give industry status to large hotels. Tourism Minister CP Yogeshwara said on Saturday that the move would also give a boost to the tourism sector. Smaller hotels, however, won’t get the tag. The […]

The state government has decided to grant industry status to the hospitality industry, Tourism Minister CP Yogeeshwara said on Saturday. Thus, hotels in the tourism sector will benefit from subsidies and taxes applicable to industries. Previously, hotels were seen as commercial establishments and not as industrial units. Yogeeshwara said the Cabinet-approved move would boost the […]

While 2020 started off as a year with the real estate sector witnessing a myriad of problems, even before the pandemic and the lockdowns that followed, the sector saw a decline in performance. Fast forward eight months from the date of the announcement of the first foreclosure in March, the real estate sector is one […]

“The status of the hospitality industry will boost tourism” HR contributor, January 30, 2021, 8:03 PM ist updated: 30 January 2021, 20:32 ist By Pavitra Shankar Rising input costs have been a concern for the real estate sector. For one thing, cement, which is a vital raw material, currently attracts 28% GST, which is the […]

The growth of the real estate sector has its links and its impact on multiple sectors and therefore justifies an integrated approach for a holistic and sustainable development. Image courtesy of McKay Savage / Wikimedia Commons The Reserve Bank of India (RBI) ‘s upward revision of growth forecast to -7.5% for fiscal year 2020-21 reinforces […]

The developers are also seeking more funding for the sector under SWAMIH so that blocked projects can be completed as a priority. Indian Union Budget 2021-22: As the 2021 Union budget quickly approaches, the government is expected to do its best to help revive the sectors and industries that have been hit hard by the […]

Budget 2021 Expectations for the hospitality industry: GST rates for hotels and restaurants to be drastically reduced for 2021-2022. Indian Union Budget 2021-22: Without the pandemic, the country’s travel and hospitality industry would have had a stellar year in 2020. Without a doubt, the travel and hospitality industry has been among most affected once the […]

Calcutta: A leading hotel organization has urged the West Bengal government to grant industry status to the sector which has been hit hard due to the pandemic. An industry status will benefit hotels statewide to get cheaper electricity and water rates, lower property taxes and licensing fees, the Hotel Association of India (HAI ) in […]

Tribune press service Jalandhar, December 17 In accordance with Maharashtra, hoteliers in Punjab have applied for “industry status” for the hospitality sector. Manufacturers have said the ongoing pandemic has hit them hard and while the transportation sector and other businesses have secured concessions from the government, they also deserve some relief. Hoteliers believe this will […]

Like Maharashtra’s hotel industry, Telangana also wants its hotels to be billed at industrial rates for power, water supply, taxes and dues instead of the currently applicable commercial rates. A delegation from the Federation of Hotel and Restaurant Associations of India (FHRAI) and the Hotel and Restaurant Association of South India (SIHRA) under the leadership […]

The Indian film industry is one of the most prosperous sectors in India and each year the film and entertainment division generates billions in turnover, both for the states and for the country as a whole. . However, the sector has not been classified as an industry and has not been given the corresponding status. […]

Through Express news service CHENNAI: The Federation of Indian Tourism and Hospitality Associations (FAITH) urged the Center to provide simultaneous industry status and export status for the tourism sector. By submitting his On Friday, the pre-budget recommendations to the Union budget for fiscal year 21-22 for the tourism, travel and hospitality industry, FAITH said industry […]

Mumbai: The Association of Hotels and Restaurants (Western India) on Saturday hailed the decision of the Maharashtra government to grant industry status to the hospitality sector effective April 1, 2021. “With this status, the hotel sector will be entitled to receive benefits under special regimes and subsidies, with minimal, if any, procedural hurdles. It will […]

The government of Maharashtra has officially granted “industry status” to the hospitality sector. Status was actually granted to the sector in 1999 through the continued efforts of the Federation of Hotel and Restaurant Associations of India (FHRAI) and the Hotel and Restaurant Association of West India (HRAWI). , but unfortunately stayed only on paper and […]

The state cabinet on Thursday awarded the hospitality sector the status of industry. This decision should help revive the hotel sector, which is now eligible for various benefits, including discounts on electricity costs as well as water and property taxes. Today, Cabinet approved the proposed ‘industry statute’ for hotels in Maharashtra. This is a milestone […]

The call for “industry status” for real estate has been heard time and time again for years. This is a long-standing demand of the sector, which was only partially met when the affordable housing segment received industry status in 2018. While the term “industry status” is often used used, and more recently what does it […]

The West Bengal government is considering granting industry status to the state’s $ 20 billion logistics sector for the continued development of various infrastructure projects, an official said on Saturday. The state is working on a logistics policy and its short-term implementation could require around Rs 1,000 crore, the official told PTI. The Union government […]

The status of the industry will help the logistics sector to develop infrastructure smoothly. The West Bengal government is considering granting industry status to the state’s $ 20 billion logistics sector for the continued development of various infrastructure projects, an official said on Saturday. The state is working on a logistics policy and its short-term […]

In an effort to stimulate growth, the logistics sector is seeking industry status with the government of Andhra Pradesh. This will not only help logistics players grow their businesses, but will also lead to the creation of higher local jobs as it is a labor-intensive sector, experts said. “The government must give the logistics sector […]

The Mizoram cabinet has granted industry status to sports, an initiative aimed at creating jobs. Chief Minister Zoramthanga said his National Mizo Front government was monitoring sports policy in many countries for approval at a cabinet meeting on Friday. “We are looking to invest more in sport for job creation and increased value. The status […]

From now on, industrial land use charges will apply to units and parks in the State’s warehousing and logistics sector. In the wake of halting labor reforms and providing ample leeway to existing and new industrial units in the state to help alleviate post-Covid-19 distress, the government of Uttar Pradesh decided to grant industry status […]

Aerial view of Lucknow (Photo: ANI) LUCKNOW: In an effort to attract industries to settle in the state, the UP government decided to grant “industry” status to the warehousing and logistics sector. The move, officials said, will help significantly reduce the costs of setting up warehouses and logistics. Last week, UP suspended most labor laws […]

LUCKNOW: The government of Uttar Pradesh has decided to grant industrial status to the state’s warehousing and logistics sector, a move that will help reduce the cost of establishing parks and facilities. units by a fair margin, officials said Tuesday. Regarding the new incentive for the warehousing and logistics sector, the state’s Industrial Development Minister […]

Express press service LUCKNOW: After relaxing labor laws, the government of Uttar Pradesh has now decided to elevate the warehousing and logistics sector as an industry. This step is seen as another move to further shore up industrial investment in the state at present of a bleak economic scenario. Officials said the move would help […]

Those who invest in the construction sector will not be asked about their source of income: PM. Imran says withholding tax on all construction-related materials has been removed except cement and iron The tax rate will be set for the construction industry, and builders will be charged per square foot or per square meter, the […]

Ailing private healthcare in India will benefit from the government’s decision to grant “industry status”, a long-awaited demand from the sector. The decision will help the sector grow in Tier 2 and Tier 3 cities, in addition to helping private hospitals access land or projects and funding. In accordance with the broad guidelines of private […]

In order to improve the state’s chances of attracting investment, ahead of the 9th Dynamic Gujarat Global Summit (VGGS) in January 2019, the state government granted the logistics sector industry status. This move will likely attract investment in the coming years, as projects such as the Dedicated Freight Corridor (DFC), the Delhi-Mumbai Industrial Corridor (DMIC), […]

GANDHINAGAR: To improve the state’s chances of attracting investment, ahead of the 9th Dynamic Gujarat Global Summit (VGGS) in January 2019, the state government granted the logistics sector industry status. This move will likely attract investment in the coming years, as projects such as the Dedicated Freight Corridor (DFC), the Delhi-Mumbai Industrial Corridor (DMIC), the […]

Dehradun The state’s department of industries submitted a report to the government suggesting that the tourism sector in Uttarakhand could be granted industry status, a senior official said on Sunday. A proposal to give tourism industry status in the state was also raised in 2004, but it was not implemented, said Secretary of State for […]

The Minister of Commerce and Industry, Nirmala Sitharaman, declared herself in favor of granting industrial status to the agricultural sector. Such a classification could allow the sector to benefit from facilities and advantages comparable to those of an industry. “I think the agricultural sector should be given the status of industry if so many people […]

MUMBAI: Trade and Industry Minister Nirmala Sitharaman said on Wednesday that she was in favor of granting industry status to the agricultural sector. Granting industry status to the agricultural sector would mean that it could enjoy facilities and advantages comparable to those of an industry. “I think the agricultural sector should be given the status […]