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India simplifies Nepal relief supply process

India on Monday said it has put in place a simplified procedure to expedite and facilitate transit clearances of relief supplies to Nepal which is still reeling under the impact of the massive......

Harley and Triumph bikes get cheaper as customs duty is slashed

Imported motorcycles from high-end brands, including Harley Davidson and Triumph, are set to get cheaper as the government slashed customs duty to 50 per cent.  Earlier, import of motorcycles......

Govt stares at Rs 50,000 crore GST revenue shortfall in FY18

The revenue from GST for the current fiscal has been pegged at over Rs 4.44 lakh crore, while for next fiscal it is Rs 7.43 lakh crore. Illustration: Dominic Xavier/Rediff.com The government......

GST: 29 more items and 54 services just got cheaper

Real estate, crude oil, natural gas, diesel, petrol and ATF have not been included in the ambit of GST as of now. The all-powerful GST Council on Thursday cut tax rate on 29 goods, including......

Prabhu's new trade policy mum on achieving exports target

Foreign Trade Policy: More incentives for exports, focus on ease of trading Commerce Minister Suresh Prabhu on Tuesday unveiled more incentives to boost labour-intensive and employment-oriented......

Over 40 lakh assessees file GST returns for October

Panel formed to simplify return-filing process, take feedback from stakeholders, experts As many as 4.37 million assessees have filed summary returns for the Goods and Services Tax (GST) by the......

AITA regains recognition from Sports Ministry

The Sports Ministry has granted recognition to the All India Tennis Association (AITA) almost a year after the tennis body's renewal as a National Sports Federation (NSF) was put on hold due to......
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Government set to clarify

CBEC is set to clarify that common function like HRs should be out of the GST gamut By Sachin Dave , ET Bureau | Updated: Nov 16, 2019, 09.05 AM... ...

https://economictimes.indiatimes.com/news/economy/policy/no-gst-on-cxo-salaries-govt-set-to-clarify/articleshow/72079863.cms

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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