Congress president Rahul Gandhi’s ‘Gabbar Singh’ barb at the Modi government for its Goods and Services Tax (GST) may backfire. Rahul has been accusing the Centre of implementing a flawed GST that has inconvenienced small traders and common people alike. However, when the central government moved a proposal to move several items from the 28 … Read More →
Apex body of apparel exporters, Apparel Export Promotion Council (AEPC) has welcomed the increase in the rates of Merchandise Exports from India scheme (MEIS) to 4 percent of value of exports, said council on Monday in New Delhi. As per a government notification, the new MEIS rates are effective from 01.11.2017. Commenting on the increase … Read More →
Finance Minister Arun Jaitley said on Friday that the rules for small businesses and exporters would be eased under the Goods and Services Tax (GST), a move that could provide relief to thousands of small firms. Small businesses would be allowed to file tax returns once a quarter instead of monthly returns, Jaitley said following … Read More →
The Goods and Services Tax (GST) Council announced rates for the textile and other pending categories on June 3, 2017, moving one step closer to the proposed implementation of the new tax regime with effect from July 1, 2017. While rates for most commodities were announced on May 19, 2017, the announcement for the textile … Read More →