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Assessment of State Implementation of Business Reforms Released

Dated:- 14-9-2015 - A report titled Assessment of State Implementation of Business Reforms was released today. This report captures the findings of an assessment of reform implementation by states, conducted jointly by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, the World Bank Group and KPMG as the knowledge partner, the Confederation of Indian Industry(CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI). The assessment, .....

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Maharashtra and Uttar Pradesh are also among the top 10 states in the assessment. No state has implemented 75 per cent or more of the proposed reforms. The assessment recognises the fact that most states have already embarked on ambitious reform programs or expanded their ongoing reform efforts since the announcement of the 98-point action plan. The assessment has identified good practices on different parameters. For example: Punjab leads in the area of Setting up a Business , as it features a .....

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score on Registering and Complying with Tax Procedures. Due to its comprehensive automation and process reengineering efforts. Jharkhand leads the country in Carrying out Inspections, since its labour management system implementation has also focussed on inspections reform. Across the country, states have made good progress in general tax reforms like mandating e-registration for VAT and CST; allowing online payment and filing of returns for various state taxes; providing e-filing support throu .....

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