ISO 9001:2015 Certified
closex Call Us 11-23320714, 23721504, ficci@ficci.com

 Upcoming Event
to forge a partnership on Technology Commercialization Initiative, FICCI-AMITY and IC2 Institute University

Finance Ministry will do its best in reducing the 18% GST levied on private security industry: MoSF 

KNN , Aug 04, 2018

The finance ministry will examine the private security industry's demand to cut GST rate from 18 per cent at present, said Minister of State for Finance, Shiv Pratap Shukla.

Speaking at FICCI's Private Security Industry (PSI) Conclave-2018 on the theme, 'Job Creation & Skill Development', he said that the government was fully conscious of the significant contribution of the private security industry in creating jobs for the poor, those that have migrated from the villages, and ex-servicemen.

"We have received a FICCI representation on the issue and will do whatever is possible to reduce the 18% GST levied on the industry," Shukla added.

On the occasion, Shukla released a FICCI-BDO report on 'Private Security Industry: Job Creation and Skill Development'.

The report dwells on skill development and jobs creation in PSI, policy issues concerning the sector, GST and its impact, shift from unorganized to the organized sector and integration of manpower and technology.

 

 

Also Read

Govt. considers FICCI's plea to minimise impact of GST on private security industry

Industry & Government must partner for Skilling, Reskilling and Upskilling of the workforce: Dharmendra Pradhan

Finance ministry to examine private security industry demand for GST cut: MoS finance     

17 security guard agencies to train over 3 lakh guards under the govt scheme     

FinMin to examine pvt security industry demand for GST cut: Shukla     

Private security agencies want skilled people, lesser GST     

FinMin to examine pvt security industry demand for GST cut : Shukla     

FICCI organises Private Security Industry Conclave     

17 security guard agencies to train over 3 lakh guards     

FinMin to examine pvt security industry demand for GST cut: MoS Finance Shukla     

FinMin to examine private security industry demand for GST cut: MoS Finance Shukla     

GST rate cut coming? Here is what is on the cards for security industry     

Minister of State for Finance, Mr. Shiv Pratap Shukla promises relief from the 18% GST levied on the security services industry, at present     

Finance Minister examining security industry's demand to cut GST rate : Minister     

Industry & Govt must partner for skilling of the workforce: Pradhan     

Skilling of manpower critical for Private Security Industry to grow at 20-25%; 3 Lakh personnel to gain Recognition of Prior Learning (RPL) in Private Security Industry     

Sh. Dharmendra Pradhan, Hon’ble Minister of Skill Development & Entrepreneurship presides over the signing of MoU by 17 Private Security Agencies to train over 3 Lakh security personnel under the RPL Scheme     

Pradhan: Industry must partner Govt in skılling, reskilling, upskilling     

Haryana police bags FICCI award     

Haryana Police gets FICCI award     

Dharmendra Pradhan says Government, industries should collaborate to skill, re-skill and up-skill workforce     

Event:

 Private Security Industry Conclave (PSIC) 2018