India’s solar power target, part of $19 billion, 30-year plan to fight global warming, will be unveiled soon. India’s goal is to go from near zero to 20 gigawatts by 2020. When the plan is fully implemented, solar power use would be equivalent to one-eighth of India’s current installed power base, going a long way to limit reliance on dirty coal and closing power deficits, said LiveMint.com. Prime Minister Dr. Manmohan Singh has yet to formally adopt the solar power plan. голова болит секс жена трахает мужа порно большие сиськи

The Delhi Exporters Association (DEA) has presented a five-point action plan for the revival of exports.The plan was proposed as a reaction to specific concerns that were not addressed in the budget earlier this month. The plan targets bringing down transaction costs to make exports more competitive, Mr. S.P. Agarwal, President of the DEA, told the SME Times.

Revival of income tax concessions under 80 HHC, service tax exemptions, resolution of VAT-related issues, lowering of credit costs and upgrading infrastructure are the issues covered in the plan.

The Union Budget gives some small businesses the benefit of not paying advance taxes in the 2010-11 fiscal year.

Businesses with an annual turnover of less than Rs 40 lakh have the option to not maintain their books of accounts and pay a fixed income tax of 8 percent of their revenue, said the SME Times.

Other positive reforms include doing away with the fringe benefit tax, income tax surcharge and the commodity transaction tax, which could make raw materials cheaper for small business owners.

The introduction of an 8 percent excise duty on man-made fiber and yarn was a surprise hit to small businesses. However, there is an extension of the interest subvention for the textile industry has been extended to March 2010. массаж интим с выездом к клиенту

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There are signs of recovery from the global crisis as the index of industrial production rose 1.4 percent the first gain in 17 monthsEleven of 17 industry groups showed, according to new data from the Organization of Economic Cooperation and Development (OECD).

Eleven of 17 industry groups showed a positive growth in April, compared to the same time last year.

The furniture and fixtures sector showed the highest growth at 31.4 percent, followed by wool, silk and man-made fiber textiles, with a 12.6 percent growth rate, said the International Business Times.

On the other hand, food product production showed a negative growth of 34.4 percent, followed by a 12.4 percent decline in leather and fur products.

The Federation of Indian Export Organizations (FIEO) is looking for fiscal and non-fiscal support from the Finance Ministry, especially for export markets, which have suffered the most during the global economic crisis. The association wants to increase the sector’s competitiveness at a global level while helping SMEs recover from losses and regain confidence.
The talking points of the President of FIEO A. Sakthivel with the Commerce Minister are detailed at

Small businesses are hopeful that the forthcoming 2009 government budget will provide further financial relief. MSME believes a rationalization of taxes would give the industry a revitalizing shot in the arm.

Specifically, MSME wants tax holiday extensions for export-oriented units (EOUs) and software technology parks (STPs), benefits under Section 80-IA, and giving infrastructure status to social sectors such as health and education, according to a senior tax professional from Ernst & Young.