ข่าวเศรษฐกิจประจำวันที่ 29 พฤศจิกายน 2554
NEW DELHI, November 29 – BUSINESS STANDARD – Dispute between Centre and states over CST set to upset April 2012 deadline. The states are angry about having not received CST compensation for 2010-11. The CST is being removed since it is considered a distortion in the way of the common Indian market. An effort has been on to create it — first, through state-level VAT and, now, with the proposed GST. Since CST means revenues to state, the Centre had agreed to compensate them. However the Centre has now come out with an argument that the states that have increased VAT from four to five per cent should be given less compensation. The rollout of the GST has already missed two deadlines: of April 1 in 2010 and 2011. Looks April 1, 2012 is going to be another such date. – BUSINESS STANDARD – Toyota Motor Corporation has decided to foray into the luxury side of the business. The Japanese multinational automaker’s Lexus cars will be sold in India through an exclusive network of dealerships by 2013. Globally, Lexus is known for its petrol and hybrid power-trains. Only in the last few years has it entered the diesel arena, with the IS 200d. The brand competes with European luxury rivals like Mercedes-Benz, BMW and Audi. – BUSINESS STANDARD – The Congress-led United Progressive Alliance (UPA) government did a flip-flop on Monday that could effectively make foreign investment in retail less attractive Commerce Minister Anand Sharma however, clarified to reporters that retail FDI would be allowed only if the foreign players sourced 30 per cent of their products from India’s micro, small and medium enterprises (MSMEs). This is in contrast with a Cabinet background paper Sharma had given out to the media just three days ago, on Friday. The paper specified that the 30 per cent sourcing needed to be done from MSMEs anywhere in the world and that it was not India-specific. The notification on the Cabinet decision clearing 51 per cent FDI in multi-brand retail and raising the foreign investment cap for single-brand retail to 100 per cent is yet to be issued.
Submitted By:-
Priyesh Narain
Researcher
สำหรับรายละเอียดของข่าวข้างต้น โปรดติดต่ิอนาย Priyesh Narain ที่ This email address is being protected from spambots. You need JavaScript enabled to view it.
