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Obama nominated a new head of the Small Business Administration: Maria Contreras-Sweet, the founding father of a Latino-owned neighborhood bank in Los Angeles. We’re committed to serving to British companies grow and develop by giving them the help they want – our Business Charter will inform you extra. Rick Scott of Florida proposed benefits for small business in his 2014-15 fiscal 12 months funds, together with reducing the tax rate on business rentals, increasing the corporate revenue tax exemption from $50,000 to $75,000, and reducing annual company filing fees for all businesses by greater than $33 million. The Union Government has set the formidable goal to roll out of the Goods and Services Tax, (GST) from 1st April 2017. The Union Government in June 2016 additionally had notified guidelines for setting up the MPC giving impact to amendments in the RBI Act.
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