INDIAN GOVERNMENT: MIT to strive for simplification ofof tax structure & procedures concerning electronics.

0 Comments | M2 Presswire, November, 1999

M2 PRESSWIRE-16 November 1999-INDIAN GOVERNMENT: MIT to strive for simplification of tax structure and procedures concerning electronics (C)1994-99 M2 COMMUNICATIONS LTD RDATE:161199 The Secretary of the newly created Ministry of Information Technology (MIT) Shri P.V. Jayakrishnan said here today that his Department will strive for simplification of the tax structure and procedures concerning all sectors of the electronics industry.

He said his Ministry is already in dialogue with the concerned departments of the Government to bring down duty on all raw materials that go into the making of electronic components. Addressing the first meeting of the Development Council of Electronics Industry after the formation of the MIT, he said though we are much ahead in...