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Navigating the Unknown: Leadership in an Era of Uncertainty

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 Leading through the mists of uncertainty can feel formidable; yet, it unveils a chance to display resilience, adaptability, and visionary leadership. Here are a tapestry of strategies to amplify your prowess in traversing unpredictable realms: Embrace Flexibility and Adaptability Stay Agile: Nurture a malleable work atmosphere that empowers teams to swiftly shift and respond to emerging insights and changing tides. Iterative Planning: Break down long-term visions into smaller, manageable milestones that can be recalibrated as needed, allowing for continual reassessment and evolution. Communicate Transparently Honest Updates: Keep your team apprised of the current landscape, even when the news is less than favorable. Transparency begets trust and ensures collective alignment. Open Dialogue: Foster a space where team members feel emboldened to express their concerns and ideas, enriching insights and uplifting morale. Focus on What You Can Control Identify Priorities: Direct your ene...
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New Delhi: Govt notifies tax rebate for 7 districts in Andhra Pradesh

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Government today said it is extending tax incentives for seven districts in Andhra Pradesh to boost industrial activity.

Government today said it is extending tax incentives for seven districts in Andhra Pradesh to boost industrial activity.
The incentives have been extended for four districts of Rayalseema and three districts of North coastal region of the state under the Andhra Pradesh Re-organisation Act, 2014.
“To further boost the industrial activities, the Central Board of Direct Taxes (CBDT) has notified these seven districts for availing tax incentives under section 32(1)(iia) and section 32AD of the Income-tax Act.
“Accordingly, any manufacturing undertaking set up during the period from April 1, 2015 to March 31, 2020 in these districts of Andhra Pradesh is eligible for 15 per cent of higher additional depreciation and 15 per cent of investment allowance on the cost of plant and machinery acquired by it during the said period,” the Finance Ministry said in a statement.
The seven districts of Andhra Pradesh notified as backward areas are — Anantapur, Chittoor, Cuddapah, Kurnool, Srikakulam, Vishakhapatnam and Vizianagaram.
The statement further said the aforesaid incentives are in addition to other tax benefits available under the Income-tax Act.
Earlier this month, the Centre had announced a financial package for Andhra Pradesh that includes full funding of Pollavaram irrigation project, tax concessions and a special assistance, but had stopped short of giving the state special category status.
Andhra Pradesh, which suffered financially after creation of the separate state of Telangana in June 2014, will get also get a railway zone.

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