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Home > News > ASSOCHAM suggests 6 points to sustain high growth rate

November 21st, 2007

ASSOCHAM suggests 6 points to sustain high growth rate

Abstract:
For a strong research base and pool of intellectual properties, ASSOCHAM proposes that scientific research in emerging sectors like bio-technology, nanotechnology, industrial deigns, IT, telecom, food processing, medicines and engineering should be given favourable tax treatment under direct and indirect taxes to encourage such activities and the double taxation of intellectual properties under service tax and VAT regime should be discontinued.

Source:
indiainfoline.com

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