A country's taxation environment must be conducive for industry to achieve efficiencies that will enable them to be globally competitive. It is also widely accepted that taxation policy can have strong incentive effects on corporate decisions. CII interacts closely with different levels of government to put forward industry's viewpoint and to actively pursue India’s growth agenda. It closely tracks developments in the taxation environment in the country as well as globally and contributes to tax policy formulation by organizing consultative meetings, seminars, conferences and workshops to bring together the Government and industry at the national and regional level. The Pre and Post Budget Memoranda serve as a platform for industry to voice its opinions on India’s inclusive development agenda, while providing the requisite inputs to the Government in formulating short and long term strategies. Apart from Income Tax Act, CII has been working consistently towards creating an efficient and collaborative system in respect of GST and Customs as well. CII has been instrumental in driving the transition to GST and implementation of the new law.
A country's taxation environment must be conducive for industry to achieve efficiencies that will enable them to be globally competitive. It is also widely accepted that taxation policy can have strong incentive effects on corporate decisions. CII interacts closely with different levels of government to put forward industry's viewpoint and to actively pursue India’s growth agenda. It closely tracks developments in the taxation environment in the country as well as globally and contributes to tax policy formulation by organizing consultative meetings, seminars, conferences and ...