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    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

    L to R - Previn Pillay Country Manager Visa Malaysia Bryan Foong CEO of Airline Business MAG.

    Malaysia Airlines and Visa Malaysia Partner to Drive Travel Demand and Deliver Seamless Payment Experiences.

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Nandini Nagaraj orgainsed spectacular “Miss Universe Karnataka 2026” Grand Finale.

    PM chairs CCS Meeting to review the situation and mitigating measures in the context of ongoing West Asia Conflict

    3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety

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    Best Double Door Refrigerators to Buy This Baisakhi 2026.

    HAL Heritage Centre and Aerospace Museum Reopens with Immersive Aerospace Experience

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    Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design.

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    Three-day National Agriculture Fair to bring all schemes under one roof for farmers.

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    MUFG Bank subscribes to 471,121,055 Equity Shares of Shriram Finance.

    Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2026, on April 16, 2026.

    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

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    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    “Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

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    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Dr. Jitendra Singh inaugurates BioNEST at “Central Food Technology & Research Institute” (CFTRI) Mysuru, Focus on Food Startups

    Auk Computing and Qualcomm Introduce “Make- in- India” AI On-Prem Appliance at India AI Summit 2026

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    Tata Motors Delivers First Batch of electric Prima E.55S to BillionE Mobility; Advances Zero-Emission Freight Transport.

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    Honda Expands Two-Wheeler Production Capacity in India with New Line at Tapukara Plant

    Get Ready to ‘Drive to shine’ with the new Hyundai EXTER at a starting price of INR 5 79 900

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    Greenwood High Hosts High-Performance Multi-Sport Summer Programme with Global Coaching Talent.

    BCCI mourns the passing of former India cricketer C.D. Gopinath.

    Romario Shepherd reflects on journey from Guyana to RCB .

    TATA IPL Fan Parks 2026 Phase 2 to cover 30 cities across 18 states & 1 UT

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    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

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    Best Double Door Refrigerators to Buy This Baisakhi 2026.

    Daily Essentials to Global Travel: Choose a Credit Card That Works for You.

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

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  • Home
  • World

    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

    L to R - Previn Pillay Country Manager Visa Malaysia Bryan Foong CEO of Airline Business MAG.

    Malaysia Airlines and Visa Malaysia Partner to Drive Travel Demand and Deliver Seamless Payment Experiences.

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Nandini Nagaraj orgainsed spectacular “Miss Universe Karnataka 2026” Grand Finale.

    PM chairs CCS Meeting to review the situation and mitigating measures in the context of ongoing West Asia Conflict

    3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety

  • National
    • All
    • Economy & Politics
    • Election

    Best Double Door Refrigerators to Buy This Baisakhi 2026.

    HAL Heritage Centre and Aerospace Museum Reopens with Immersive Aerospace Experience

    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design.

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    Three-day National Agriculture Fair to bring all schemes under one roof for farmers.

  • Business

    MUFG Bank subscribes to 471,121,055 Equity Shares of Shriram Finance.

    Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2026, on April 16, 2026.

    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

  • Health

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    “Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

  • Technology
    • All
    • Environment
    • Science

    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Dr. Jitendra Singh inaugurates BioNEST at “Central Food Technology & Research Institute” (CFTRI) Mysuru, Focus on Food Startups

    Auk Computing and Qualcomm Introduce “Make- in- India” AI On-Prem Appliance at India AI Summit 2026

  • Auto

    Tata Motors Delivers First Batch of electric Prima E.55S to BillionE Mobility; Advances Zero-Emission Freight Transport.

    Tata Motors Expands India’s Most Comprehensive Electric CV Portfolio Launches Tata Intra EV Pickup at an unmatched price of Rs. 11.95 lakh.

    Honda Expands Two-Wheeler Production Capacity in India with New Line at Tapukara Plant

    Get Ready to ‘Drive to shine’ with the new Hyundai EXTER at a starting price of INR 5 79 900

  • Sports

    Greenwood High Hosts High-Performance Multi-Sport Summer Programme with Global Coaching Talent.

    BCCI mourns the passing of former India cricketer C.D. Gopinath.

    Romario Shepherd reflects on journey from Guyana to RCB .

    TATA IPL Fan Parks 2026 Phase 2 to cover 30 cities across 18 states & 1 UT

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel

    Best Double Door Refrigerators to Buy This Baisakhi 2026.

    Daily Essentials to Global Travel: Choose a Credit Card That Works for You.

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

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Home Business

Self assessment tax for industries: CM Bommai

by FWM
July 16, 2022
in Business
0

Hubballi. July 16.
Self assessment property tax system would be introduced for industries, Chief Minister Basavaraj Bommai said.

The Chief Minister in his address at the Conference of State and District Level Commerce and Industrial Associations said, the State government is coming out with a new Employment policy to increase employment opportunities for the youth, women should become entrepreneurs. A silent revolution is happening in the state. Government is encouraging setting up of high tech industries in tier-2 cities. The Industrial associations should work with the government to improve the Ease of Doing Business. FKCCI should take up corporate social responsibility. The property tax issue has come to my notice. Immediate action would be taken to resolve it. The grievances related to GST could be discussed in Bengaluru, he assured.

Opportunities for technology based industries

The Chief Minister called upon the industrialists to tap the huge opportunities for technology based industries in tier-2 and tier-3 cities. There is abundance of talent in these places. FKCCI should take the leak in this regard. Mega Textile parks are coming up in Kalaburagi and Vijayapura, a Pharmaceutical Hub is being set up in Yadagiri, the Mumbai-Bengaluru Industrial Corridor would see huge industrialisation of Tumakuru, Chitradurga, Haveri, Dharwad and belagavi. Industrial infrastructure is being upgraded to enable this. In Kalyana Karnataka region airport is coming up in Raichur and Vijayapura. Six special townships are being developed.

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Karnataka has improved its Ease of Doing Business. A New Industrial Policy has been implements. A most modern Semiconductor fabrication unit is being set up in the state. The state is also leading in renewable energy as it produces 43% of the total production in the country, he said.

State to amend rules for setting up of Special Investment Zones: CM Bommai

Hubballi. July 16.
The State government will bring necessary amendments for rules in the next legislature session to set up Special Investment Zones in Dharwad and Tumakuru, Chief Minister Basavaraj Bommai said.

The Chief Minister in his address after laying the foundation stone for Karnataka Material Testing and Research Center said, the proposed new Center would bring greater discipline in maintaining quality of industrial products. It is happy to note that it has received NABL recognition. The KMTRC in Hubballi has submitted a request for Rs4 cr to procure modern equipment. It would be granted within a week, Bommai said.

The proposed FMCG Cluster in Hubbali-Dharwas would create employment opportunities for about one lakh persons. It would play an important role in all round development of Northern Karnataka. Necessary amendment to rules would be brought in the next legislature session to set up Special Investment Zones in Tumakuru and Dharwad. This would spur huge industrial growth in these cities. Stringent quality control in manufacturing would help the industries to expand their market, he said.

The Chief Minister called upon the entrepreneurs to exploit the industry-friendly policies of the government and participate in the Global Investors’ Meet to be held in Bengaluru on November 2 and 3 in a big way.

Large and Medium Industries minister Murugesh Nirani, Agriculture minister BC Patil, Textiles minister Shankar Patil Munenakoppa and others were present.

Karnataka Material Testing and Research Center

The Center has been established by the State and Union governments in association with Northern Karnataka Small Scale Industries Association(NKSSIA) and Karnataka Chamber of Commerce.

It has made a mark as a prestigious institution in Northern Karnataka for quality assessment of products of the exporters.

Employment for 10,000 persons in Shiggaon before next August 15: CM Bommai

Haveri. July 16.
I have resolved to provide employment for 10,000 persons in Shiggaon before August 15 next year, Chief Minister Basavaraj Bommai said.

The Chief Minister in his address after laying the foundation stone for a Textile Park, Ready Made Garments unit and widening of National Highway-4 said, it has been decided to set up garment units and other labour intensive industries in all the taluks in the next 2-3 years. The Texport Garments unit would provide employment for 3000 persons in the first phase and 5,000 persons in the second phase. The Textiles Park would provide jobs for about 10,000 persons.

Textile Parks in all taluks

Textile sector creates huge job opportunities. About 10 lakh people are working in the Garments industry in Bengaluru, most of them are women. I have a dream to establish textile parks in every district in Northern Karnataka, he said.

Launch of Development works in Shiggaon

A slew of development works including the Textile Park have been launched to generate employment opportunities in a big way. A hospital at a cost of Rs200 cr, GTTC, Cold Storage, residential schools, new PU college and construction of 3000 houses have been taken up, Bommai said.

FWM

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