TMI BlogNational Industrial Classification Upgraded to More Investor Friendly, Internationally-Attuned SystemX X X X Extracts X X X X X X X X Extracts X X X X ..... National Industrial Classification Upgraded to More Investor Friendly, Internationally-Attuned System - News and Press Release Dated:- 27-6-2014 - News - As per extant usage, National Industrial Cla ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssification-1987 (NIC-1987) version is applicable for the purpose of classification of activities in respect of industrial license/ IEM proposals submitted to the Department of Industrial Policy Pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... motion. It has been decided to switch over to the NIC-2008, which is an improved version providing a more contemporary industrial classification system in the light of changes in the structure and com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... position of the economy, changing user requirements and compatibility with international standards. The upgradation decision, with immediate effect, to NIC-2008 will assist new businesses, being more ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... investor friendly and internationally-attuned, as compared to the previous version of NIC Code. Henceforth, NIC-2008 code would be followed in place of NIC-1987 for classification of activities, th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... us, allowing Indian businesses to undertake globally recognized and accepted classification that facilitate smooth approvals/ registrations and categorization. - News - Press release - PIB Tax Mana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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