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Obama nominated a brand new head of the Small Business Administration: Maria Contreras-Sweet, the founder of a Latino-owned group bank in Los Angeles. We’re committed to serving to British businesses develop and develop by giving them the assist they want – our Business Charter will inform you more. Rick Scott of Florida proposed advantages for small business in his 2014-15 fiscal 12 months price range, together with lowering the tax rate on commercial rentals, growing the corporate earnings tax exemption from $50,000 to $seventy five,000, and decreasing annual corporate filing charges for all companies by greater than $33 million. The Union Government has set the ambitious goal to roll out of the Goods and Services Tax, (GST) from 1st April 2017. The Union Government in June 2016 also had notified rules for setting up the MPC giving effect to amendments in the RBI Act.