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Time of India
4 hours ago
- Business
- Time of India
Goa Inc supports need for transport aggregators in state
Panaji: Backing govt's Goa transport aggregator guidelines, Goa's industry bodies stated that app-based taxi services will improve workforce mobility and create an investor-friendly environment in Goa. The Goa Chamber of Commerce and Industry, Verna Industrial Estate, Travel and Tourism Association of Goa (TTAG), Assocham, and other industry representatives mentioned that thousands of workers and professionals employed in the state require 'dependable transport' for their daily commute. 'Across sectors—be it tourism, manufacturing, real estate, retail, logistics, or services—businesses in Goa are increasingly dependent on a workforce that requires dependable and safe transport options,' said GCCI president Shrinivas Dempo. The Verna Industries Association noted that the lack of app-based taxi services has posed challenges in terms of accessibility, especially for shift workers, women employees, and those travelling from Goa's hinterland. The industry bodies expressed that the transport department's guidelines strike a well-considered balance between enabling digital transport innovation and protecting the livelihoods of local taxi drivers. The transport department's guidelines require the aggregators to pay drivers the full govt-notified fare, mandating timely payments while also offering health insurance and vehicle subsidies. 'We urge govt to implement the guidelines in a time-bound manner and call upon all stakeholders to participate constructively in building a mobility ecosystem that meets the growing needs of Goa's industrial sector,' said Kalpak Arware, president of Verna Industries Association. Dempo stated that the introduction of taxi services will reduce the reliance on private vehicles, decongest roads, and lower pollution. Assocham Goa Council president Manguirish Pai Raiker urged the taxi operators to collaborate with govt and build a transport ecosystem. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !
Time of India
25-05-2025
- Business
- Time of India
Norway and Goa discuss options for bilateral trade
Panaji: Green energy, shipbuilding, waste management, tourism, and agri-exports are some of the sectors where Norway and Goa could collaborate, said officials from the Goa Chamber of Commerce and Industry (GCCI). They said that Norwegian consul general Monica Nagelgaard held a meeting to discuss potential areas for bilateral trade. Nagelgaard said that polar research, marine biology, and fisheries research are areas that Norway and India are already cooperating on. India is among the top countries prioritised by Norway for bilateral projects and research, Nagelgaard added. Deputy consul general of Norway Fredrik Bjerke Abdelmaguid said that aquaculture technology is one of the newest technologies that Norway could offer to Goan entrepreneurs, in addition to technologies on wind energy. Given that Norway invested and conducted extensive research into sustainability practices, Goa could certainly benefit from technology inputs from Norway. GCCI vice-president Pratima Dhond said that Goa is a major tourist destination, and the possibility of reaching out to the Scandinavian Tourism Board to attract more Norwegian tourists to Goa was discussed. A Norwegian delegation is expected to travel to Mumbai in October for a conference. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Artificial Intelligence and Machine Learning For Working Professionals. BITS Pilani WILP Apply Now Undo Norway is keen to bring this delegation to Goa to discuss waste management collaborations. Given that India's energy and power requirements are fast increasing, GCCI said that the state is looking at wind and solar energy to generate power. GCCI officials have enquired about the potential for cooperation with Norway on hydropower, which is one of Norway's strengths. The scope for exports of vegetables and food items to Norway, which is a net importer of food, was also discussed. Nagelgaard also visited the office of Goa-based IT and software company, Kilowott, to discuss efforts towards the India-Norway trade corridor, especially in technology and sustainability-linked ventures, underscoring growing trade interest from Norwegian companies in India under the recently signed India-EFTA Free Trade Agreement.
Time of India
19-05-2025
- Business
- Time of India
GCCI requests extension of tax filing deadline due to portal delay
Panaji: Given the delay in notifying the income tax return (ITR) forms and the tools required to file tax returns, the Goa Chamber of Commerce and Industry ( GCCI ) has written to finance minister Nirmala Sitharaman to consider extending the deadline for individuals to file their taxes. The current deadline for salaried and non-audit taxpayers to file tax returns is July 31. 'Tax utilities should ideally be made available at the beginning of the financial year. Given the delay, we request their immediate release. Additionally, extensions, if necessary, should be announced well in advance to enable taxpayers to plan their filings efficiently,' said GCCI director general Sanjay Amonkar. The income tax department usually notifies the forms either before the end of the financial year or in April, which is the start of the assessment year. GCCI pointed out that the ITR forms for the assessment year 2025-26 were notified only recently, and the tools to aid taxpayers in filing their taxes are yet to be operationalised, thus hindering taxpayers from preparing and filing their returns on time. 'The late release of the income tax utilities could make it difficult for taxpayers to complete the submissions in time and could result in rushed filing and errors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like These Are The Most Beautiful Women In The World Undo Taxpayers should not be subjected to penal costs for delayed return filing caused by the late release of the necessary utilities,' said Amonkar. He noted that the current year's filing requires detailed disclosures, particularly concerning changes in capital gains provisions. The late release of utilities could lead to rushed filings and errors. 'The late release of the current year's utilities could see much heavier traffic in the upcoming days. We trust that, once released, the utilities will remain stable and glitch-free,' Amonkar said. He has also shared the industry body's concerns with the chairperson of the Central Board of Direct Taxes, Ravi Agrawal.
