India’s debt ratio projected to be 84 per cent of its GDP: IMF
India’s debt ratio is projected to be 84 per cent of its GDP by the end of 2022, which is […]
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GST Recent News
Packaged parathas, unlike chapatis, to attract 18% GST, says Gujarat AAAR
It is another stamp of approval from the advance ruling system to say that packaged paratha will attract 18 per
News
ED arrests one accused in fertiliser import case
The Enforcement Directorate (ED) has arrested an accused in connection with the alleged import of fertilisers and raw materials at
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Govt earned more through indirect taxes in Covid years
Since the financial year 2020-21 – the first to be completely impacted by the pandemic – the share of indirect
Notification And Circular, Notification and Circular
DGFT notified export quota of broken rice for LCs prior to September 08, 2022 for the FY 2022-23
Background: The DGFT vide Notification No. 31/2015-2020 dated September 08, 2022 (“NN. 31/2015-2020”), amended the Export Policy of broken rice
GST Recent News
Run-up to Budget: Monetary threshold for GST offences may rise to Rs 25 cr
As part of its drive against decriminalisation, the Centre is contemplating raising the monetary threshold for initiating prosecution for cognisable
Important News
ICAI issued Handbook on Composition Scheme under GST
The Institute of Chartered Accountants of India (“ICAI”) has issued Handbook on Composition Scheme under GST – August, 2022. For
GST Recent News
Pan Masala, Gutkha firms to face tighter GST Scrutiny
Pan masala and gutkha companies will likely face increased scrutiny and audits as the governments step up efforts to plug
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PM Modi’s export policy making record growth, country’s export to top last year’s $420 billion this fiscal
Prime Minister Narendra Modi’s One District One Product scheme has led to several states in the country quadrupling their exports, setting
Notification and Circular, Notification And Circular
DGFT extends the validity for Export of Raw Sugar to USA till December 31, 2022
The DGFT vide Public Notice No. 29/2015-2020 dated October 12, 2022 extends the validity for the Export of Raw Sugar