[vc_row][vc_column][vc_column_text]In a landmark achievement, Karnataka continues to hold on to its numero uno position as India's topmost investment destination. This was announced recently by Sri R.V. Deshpande, Minister for Large & Medium Industries and Infrastructure. According to official data, from January 2016 to June 2017, Karnataka has received investment proposals of
Month: November 2017
Will new e-Way Bill ensure smooth passage for SMEs?
[vc_row][vc_column][vc_column_text]Tax payers to please note: A system for hassle-free movement of goods throughout the country with one e-Way Bill has been introduced, with the withdrawal of e-SUGAM, the details of which are given below: One-time Registration: The GST taxpayer can open the web site http://gst.kar.nic.in/ewaybill and select the option 'E-Way Bill
Peenya Bus Station to be linked to Peenya Industry Metro Station
[vc_row][vc_column][vc_column_text]Good news for regular commuters in Peenya! The Basaveshwara Bus Station in Peenya could be linked to Peenya Industry Metro station as part of efforts to ensure better patronage for it, according to an announcement made by Transport Minister Sri H.M. Revanna. The Minister was responding to a question during a
GST UPDATE Govt plans easier GST compliance for small businesses
The Government is planning an easier set of compliance norms for small businesses with annual turnover of under Rs 20 lakh as it seeks to widen the tax base to plug loopholes and make the Goods and Services Tax (GST) more broad-based. While large companies are already registering their sub-vendors, many
AFTER HEAVY RAINS Cleanup Peenya Industrial Area to save entrepreneurs embarrassment from overseas clients: PIA President
[vc_row][vc_column][vc_column_text]Heavy rains over the past few weeks with Peenya Industrial Area recording 92 mm rainfall have brought Peenya and surrounding areas to its knees and among the worst affected were entrepreneurs and people returning home after work. Several were stuck in bumper-to-bumper traffic as rain lashed all areas of Peenya,
PIA for expediting installation of sewage treatment plants in Peenya
[vc_row][vc_column][vc_column_text]Directions have been issued to authorities of Peenya Industrial Area, Karnataka State Pollution Control Board, Karnataka Industrial Areas Board, Karnataka Small Scale Industries Association and other industry bodies to install sewage treatment plants, according to a media report on a visit by the Public Accounts Committee (PAC). PIA has welcomed the
Centre to revamp EPS Scheme; formulate Medical Scheme for Pensioners
[vc_row][vc_column][vc_column_text]The Central Government will constitute a high-level Committee to revamp the Employees Pension Scheme (EPS) and any gaps would be plugged according to a statement issued by Labour and Employment Minister Sri Bandaru Dattatreya in the Lok Sabha. In association with Employees' State Insurance Corporation (ESIC), the Government is going
Cluster-Model to boost MSME Growth
[vc_row][vc_column][vc_column_text]To increase the bandwidth of Micro, small and medium enterprises (MSMEs) and make their future stable and sustainable, cluster approach can be a solution, say experts. Sector specific clusters can be developed in areas where certain industries are dominant. Peenya Industrial Area, South-East Asia's largest extension and Bengaluru which has been
WITH COMMISSIONER FOR INDUSTRIAL DEVELOPMENT To meet State MSME Target, develop Industrial Estates first: PIA
[vc_row][vc_column][vc_column_text]The State Government's plan to help set up 30,000 new Micro and Small Scale Enterprises every year can work only if it opens up new industrial estates which is also found to be most lacking in the State with nearly 94% of the industries operating in private estates, said Sri
PIA @ MEETING WITH SSI MINISTER Expedite much delayed Greater Peenya Project: PIA President
[vc_row][vc_column][vc_column_text]Team PIA led by President Sri R. Krishnamurthy and Office Bearers raised several issues of critical importance to entrepreneurs in Peenya at a meeting convened by Hon'ble Minister for SSI, Sri Ramesh L. Jarkiholi at Vidhana Soudha on August 22. “We forcefully represented some problems encountered by entrepreneurs in Peenya with