Some financial offences like bouncing of cheques may be decriminalised
The government is looking to reclassify several offences under financial sector laws, including the bouncing of cheques, as civil offences […]
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MSME in Ludhiana urges Punjab govt to clear GST, VAT refunds
Micro, Small and Medium Enterprises (MSMEs) in the state have requested the Punjab government to clear Value Added Tax (VAT)
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Liquor prices to come down as Delhi govt removes 70% corona tax on alcohol
The Delhi government has decided to withdraw the special corona fee levied at 70% on the MRP it had placed on the
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Aatma Nirbhar Bharat: Govt mulls hike on edible oil import tax to boost local supply
India is considering raising import taxes on edible oils as the country seeks to become self-reliant by boosting local oilseed
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India’s tax GDP ratio plunges to 9.88% in FY20, lowest in 10 years
The ratio of central taxes to GDP slid further in FY20 to a 10 year low of 9.88 percent, driven
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Customs duty hiked on bamboo imported by agarbatti manufacturers
As per the recent tweet of CBIC, the Customs duty on bamboo imports by agarbatti manufacturers hiked from 10% to 25%
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Cash-strapped carpet exporters ask Centre to release pending duty drawback claims, GST refunds
Carpet exporters, struggling to regain foothold in a global market disrupted by the Covid-19 pandemic and facing huge liquidity problems,
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Ashok Leyland: GST reduction, scrappage policy to help revive commercial vehicle industry
Reduction in GST rate and introduction of scrappage policy would help in reviving the commercial vehicle sector which has been
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CBIC issued Trade Facilitation measures under GST to facilitate taxpayers and ensure continuity of business during COVID-19
As per the recent tweet of CBIC, the Trade Facilitation measures under GST to facilitate taxpayers and ensure continuity of
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Textile industry close to collapse for lack of stimulus package
Nepal’s textile industry is close to collapse as the government has not offered any stimulus package in the budget for