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Obama nominated a brand new head of the Small Business Administration: Maria Contreras-Sweet, the founding father of a Latino-owned community bank in Los Angeles. We’re committed to serving to British companies grow and develop by giving them the help they need – our Business Charter will inform you extra. Rick Scott of Florida proposed benefits for small enterprise in his 2014-15 fiscal 12 months price range, including lowering the tax rate on industrial leases, growing the corporate revenue tax exemption from $50,000 to $seventy five,000, and lowering annual company filing fees for all businesses by greater than $33 million. The Union Government has set the ambitious target to roll out of the Goods and Services Tax, (GST) from 1st April 2017. The Union Government in June 2016 also had notified guidelines for setting up the MPC giving effect to amendments in the RBI Act.
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