The textile industry is pitching for a fibre-neutral GST at 5% for the entire textile and apparel value chain. | Photo Credit: SAMUEL RAJKUMAR The textile industry is pitching for a fibre-neutral GST at 5% for the entire textile and apparel value chain. Currently, cotton-based textile sector has 5% GST, except for garments priced above […]
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Pumpset makers seek cut in GST on agri-pumps Source link
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An image of a young entrepreneur, Mr Chand, appears in a video. He looks confused as he wants to know ‘How to deduct and pay TDS’. A veteran chartered accountant hand-holds him through the process in a five-minute video. Chand is beaming at the end of it. “Running a business without the basics of accounts, is akin […]
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An image of a young entrepreneur, Mr Chand, appears in a video. He looks confused as he wants to know ‘How to deduct and pay TDS’. A veteran chartered accountant hand-holds him through the process in a five-minute video. Chand is beaming at the end of it. “Running a business without the basics of accounts, is akin […]
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Dust devils spiral and mango trees creak with the weight of history as boys run about the sun-seared grounds. It is late afternoon at St Thomas Mount and outside the 1830-built St Thomas Garrison Church, you can hear the thump of cricket ball on bat. Not long ago, on these grounds adjoining the Mohite stadium […]
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EPFO earmarks up to 85% of its equity investments into ETFs tracking the Nifty 50, which had added Adani Enterprises in September 2022. File EPFO subscribers are captive investors of two Adani stocks The aftermath of the Hindenburg Research report may have made several large investors rethink their exposures to the Adani group. But one […]
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India’s Goods and Services Tax (GST) revenues grew 12.4% in February 2023 to over ₹1.49 lakh crore, with tax receipts from goods imports rising 6% and domestic transactions along with services imports yielding 15% more, compared to a year ago. The ₹1,49,577 crore gross GST kitty collected in February marks the 12th successive month that […]
Continue ReadingTotal GST revenues between April 2022 and January 2023 stand at ₹14.9 lakh crore. File | Photo Credit: K.V.S. Giri India’s Goods and Services Tax (GST) revenues grew 12.7% in January 2023 to hit almost ₹1.59 lakh crore, the second highest monthly collections on record, as per revised figures from the Finance Ministry. Earlier estimates […]
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Union Finance Minister Nirmala Sitharaman addresses during a post-budget interactive session on Union Budget 2023-24 organised by PHD Chamber of Commerce and Industry (PHDCCI), in New Delhi, Wednesday, Feb. 15, 2023. PHDCCI President Saket Dalmia is also seen. | Photo Credit: PTI Finance minister Nirmala Sitharaman on Wednesday said that the effort of the government […]
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Union Minister for Finance and Corporate Affairs Nirmala Sitharaman along with Union Minister of State for Finance Pankaj Chaudhary. File. | Photo Credit: Kamal Narang The government on December 20 informed Rajya Sabha that GST compensation of ₹17,176 crore is pending to States as on June 2022. Replying to supplementaries during the Question Hour, Minister […]
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