Interactive Meeting with Dr. Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance, January 9, 2014 , New Delhi

The meeting with Dr Arvind Mayaram, Secretary – Department of Economic Affairs, Ministry of Finance, focussed on Financial Services, Civil Aviation (MROs) Infrastructure, taxation and manufacturing.

 

The Financial services issues were well received and action will be taken by the DEA. On Taxation issues, the Secretary suggested Amcham should be more robustly engaged with the Advance Ruling authorities and address individual matters there.
The Secretary kindly agreed to meet members of the manufacturing groups separately as it required discussion and understanding for further action. Civil Aviation : MROs – The matter will now be put by Amcham before Secretary Revenue.

 

On infrastructure projects – while appreciating our viewpoint, the Secretary felt that specific orders cannot be issued on adopting new norms for processing tenders and granting of contracts as this may amount to interference.,