अपडेट
Visit: Ministry of Mines is organizing a national event to mark the Handing over of 100 G4 Mineral Blocks by GSI to the State Governments on September 8th, 2021, at 3 PM at New Delhi with FICCI 06/09/2021     | Geological Survey of India (GSI), under the aegis of Ministry of Mines is organizing a national event to mark the Handing over of 100 G4 Mineral Blocks by GSI to the State Governments on September 8th, 2021, at 3 PM at New Delhi with FICCI. Click here to register. 06/09/2021     | NOTICE Regarding Employment Fraud 02/09/2021     | “कृपया ध्यान दें: शेयरधारक ((ई-मेल आईडी और मोबाइल नंबर का पंजीकरण) 13/08/2021     | Global Tender Enquiry (GTE) for Engagement of EPCM Consultant for Establishing Facility for Aluminium Alloy Melting, Slab Casting and Flat Rolled Products Production Facility at Nellore, Andhra Pradesh, India. 10/08/2021     | Request for Expression of Interest for Lithium Ore Offtake from reputed Indian Firm(s) / Lithium Processing Technologist / Consortium from prospective mining facilities of KABIL and its international partners for import of ore/product to India 03/08/2021     | भारत के राष्ट्रगान के लिए अपने प्रस्तुतिकरण का योगदान करेंः https://rashtragaan.in/ 02/08/2021     | परिणाम – गेट – 2020 के माध्यम से स्नातक अभियंताओं की भर्ती 29/06/2021     | List of Shortlisted Candidates for Group Discussion / Personal Interview for Selection of Assistant Manager (Finance) – E02 Against Advertisement No 10200101. 10/05/2021     | List of Short-listed Candidates for GET-2020 Interview. 11/01/2021     | Recruitment of Doctors – 2020 12/10/2020     | NIT for Engagement of Consultant for preparation of EIA and EMP study to obtain EC to set up High End Aluminium Alloy project by “Utkarsha Aluminium Dhatu Nigam Ltd.” 16/07/2020     | Deposit of one time Registration fees for PRMBS 26/06/2020     | Covid Mailer from Ministry 06/05/2020     | Integrated Govt. Online Training ( iGOT) courses on DIKSHA platform on Covid 19 pandemic 22/04/2020     | Circular : Integrated Govt. Online Training (iGOT) courses on DIKSHA platform on COVID-19 pandemic 22/04/2020     | EOI – for SUPPLY, INSTALLATION, OPERATION AND MAINTENANCE OF GPS & GPRS BASED INTEGRATED RAKE TRACKING SYSTEM IN CAPTIVE POWER PLANT, ANGUL, ODISHA 11/04/2020     | Advertisement of PESB for the post of Director(Commercial) 18/03/2020     | The corrigendum against the Advt. no 10200101 13/03/2020     | आज माननीय खान मंत्री श्री प्रल्हाद जोशी की उपस्थिति में संयुक्त उद्यम खनिज बिदेश इंडिया लिमिटेड (KABIL) का समझौता खान मंत्रालय के अंतर्गत नालको, एचसीएल और एमईसीएल द्वारा किया गया | 01/08/2019     | 2019-20 के लिए PRMBS योगदान का संशोधन 02/04/2019     | अनुसूचित जाति/अनुसूचित जनजाति के उद्यमियों से विक्रेता पंजीकरण के लिए बुलावा 24/01/2019     | कें.सा.क्षे.उ. इंटरनेट के लिए समन्वय ज्ञान प्रबंधन पोर्टल के बारे में जानकारी 10/08/2018     | सार्वजनिक सूचना 26/01/2018     |
Press Release

GST offers better cash flows and better working capital for industries : Dr. Tapan Kumar Chand

calender06/07/2017

Bhubaneswar, 06/07/2017: GST promotes One Nation, One Tax, One Market, a great contribution of the new generation to the ever-evolving concept of Unity in Diversity of India,” said Dr. Tapan Kumar Chand, CMD, NALCO and Chairman, CII, Odisha. “GST would benefit industries by offering better cash flows and better working capital management. This Tax system would also boost India’s economic development by transforming the earlier multiple tax system into one direct taxation system,” added Dr. Chand. He was addressing a workshop on Goods & Services Tax, organized by CII, Odisha and Yi (Young Indians), Bhubaneswar on 6th July 2017 in Bhubaneswar. Citing the example of NALCO, Dr. Chand said that there would be Rs. 100 crore positive impact of GST on the company. “Implementation of GST is so far smooth amongst industries in Odisha,” opined Dr. Chand.
It may be mentioned that prior to the Goods and Services Tax came into force on 1st July, 2017, NALCO had taken up several steps for the smooth implementation of the new taxation system and spreading awareness regarding the same. NALCO had already conducted several outreach programmes within the organization for stakeholders to get acquainted with requirement of the new GST regime. Besides, NALCO is partnering with Confederation of Indian Industries (CII), Odisha to organize outreach programmes for industries and other stakeholders on implementation of GST. This workshop was in line with this partnership.
Shri Saswat Mishra, IAS, Commissioner of Commercial Taxes, Govt. of Odisha delivered the special address on the subject. Shri Mishra explained various aspects of implementation of new taxation system for the understanding of the common people. Among others, Shri A.K. Sabat, Convener, Finance, Taxation & Economic Affairs Panel and Shri Matrudatta Mishra, Chairman, Yi, Bhubaneswar Chapter spoke on the occasion. Technical sessions on GST were conducted by Shri S.K. Goyal, Central Council Member of Institute of Chartered Accountants of India and Shri S.K. Panda, IRS, Commissioner, GST, Bhubaneswar.