Department of Industrial Policy & Promotion was established in the year 1995, and in the year 2000 Department of Industrial Development was merged with it. It is working under the Ministry of Commerce and Industry, Government of India. This department is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives. While individual Administrative Ministries look after the production, distribution, development and planning aspects of specific industries allocated to them, Department of Industrial Policy & Promotion is responsible for the overall industrial policy. It is also responsible for facilitating and increasing the FDI flows to the country.
Department of Industrial Policy and Promotion is also responsible for intellectual property rights relating to patents, designs, trademarks, and a Geographical indication of goods and oversees the initiative relating to their promotion and protection.
CA Mehul Shah
Speaker
Partner, Rasesh Shah and Associates
fb Twitter LinkedinCA Mehul Shah is a Partner at a renowned firm of Chartered Accountants Rasesh Shah and Associates promoted by his father in 1981 and Lead Consultant to an Online Platform for Startups www.taxorigin.com.
CA Mehul Shah heads the Taxation Division of a firm and started representing as legal counsel for taxpayer before the Income Tax Appellate Tribunal, Ahmedabad and Commissioner of Income Tax Appeals at a young age of 21 and has more than 500 Judgements to his name. He also managing statutory and tax audits of various corporate and non?corporate entities and also provides hand-holding to many Innovative Startups.