The Goa Chamber of Commerce & Industry (GCCI) has submitted its Pre-Budget Memorandum for the Union Budget 2026-27, outlining major recommendations to simplify India’s tax framework, reduce compliance burden, strengthen ease of doing business, and incentivise innovation, MSMEs and corporate restructuring. The proposals focus on rationalised tax structures, streamlined TDS/TCS, faster refunds, MSME support, dispute reduction, and improved income-tax return design.
Tag: MSME
Dr. Sagar Salgaocar Takes Charge as Chairman of ASSOCHAM Goa, Driving Vision for Viksit Goa 2037
Dr. Sagar Salgaocar, Managing Director of Geno Pharmaceuticals Pvt. Ltd., has assumed leadership as the Chairman of the ASSOCHAM Goa State Council. Alongside Co-Chairman Shri Mangirish Salelkar, CEO of Umang Software Technologies Pvt. Ltd., he aims to foster innovation, entrepreneurship, and sustainable growth while aligning with the vision of Viksit Goa 2037.
Axis Bank Launches India’s First Gold-Backed Credit Line on UPI via Freecharge
Axis Bank, in collaboration with Freecharge, has introduced India’s first gold-backed credit line on the UPI platform. This innovative offering enables MSMEs, merchants, and self-employed individuals to access instant overdraft facilities against gold, with seamless repayments via UPI and a 100% digital journey.
Goa Leads Nationwide GST Reform with Two-Slab Structure Backed by PM Modi & CM Pramod Sawant
Effective September 22, 2025, Goa is spearheading a new two-slab GST structure (5% and 18%) aimed at easing compliance, supporting MSMEs, and boosting local manufacturing. CM Dr. Pramod Sawant, backed by PM Narendra Modi, called the reform a landmark step toward Atmanirbhar Bharat and the “GST Bachat Utsav.”
GCCI Makes History at 117th AGM: Pratima Dhond Becomes First Woman President
The Goa Chamber of Commerce and Industry (GCCI) held its 117th Annual General Meeting on June 28, 2025, marking a historic transition of leadership as Mrs. Pratima Dhond became the first woman president in the organization's 117-year history. The event, held at Taj Cidade de Goa, was graced by Chief Minister Dr. Pramod Sawant, Industries Minister Mauvin Godinho, and featured a keynote by industrialist Mr. Sanjay Kirloskar.
