Shrinivas Kamath, President KCCI handover the memorandum to Dr Moily, asking him for certain policies and amendment in the field of Commerce and Industry.
Meanwhile addressing the gathering Dr Moily said, “The demands of KCCI are easily solvable, I will speak concern authorities to get exist of rationalizing tax structure, constitutional amendment for GST implementation and also speak with state government in getting changes in additional local taxes (VAT).
He said "Getting good infrastructure in a country will help to empower the industry and its growth. Flow of funds to industry will decrease when there is lack of such infrastructures presently all the cities need good infrastructures for industrial development. Changes in electronic field and direct connection with banking and industries will help in development of industries. Even they increase in the flow of financial investments towards industries. This may help all the sectors, which requires entrepreneur, man power and machinery for the production. Trades are possible only through the changes in infrastructure of country and development of industries” he said.
source mangaloremithr.com
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