To further aid small businesses and empower entrepreneurs, the Union Budget 2022-23 should introduce additional startup-friendly policies and tax relaxations to enable spending on innovation, ease-of-doing business and reducing …
The Outbound Tour Operators Association of India (OTOAI) has written to the Union Finance Minister Nirmala Sitharaman, ahead of Budget 2022, requesting certain relief measures and concessions for the …
Union Finance Minister Nirmala Sitharaman will present the Union Budget 2022 on February 1, at a time when India’s economy is suffering and has witnessed one of the worst …
The government is engaged in a pitched legal battle in the Supreme Court against importers over its decision to levy Integrated Goods and Services Tax (IGST) on ocean freight …
The Reserve Bank of India’s efforts to rebalance the quantum of surplus liquidity in the banking system by shifting the excess funds from the overnight fixed-rate reverse window to …
The Agrofood chamber of commerce and industry (agrofood chamber) has urged the union government to exempt all branded essential food products under the Goods and Services Tax (GST) at …
The Medical Technology Association of India (MTaI) has urged the government to reduce GST and customs duties on medical devices, cold chain units and spare parts used in the …
The budget may sweeten the optional income-tax regime of lower tax rate without exemptions that it announced in 2020, with most people preferring to continue with the older regime. …
The Confederation of All India Traders ( CAIT) has brought the attention of the Union Finance Minister Nirmala Sitharaman towards an anomaly under GST which runs contrary to the …
Importers of denatured ethyl alcohol, a raw material used in hand sanitisers and disinfectants, and a constituent used in Remdesivir, have approached the Bombay High Court after the customs …
