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The GDP growth data for September quarter will be announced on 30th November (Thursday) FY of 2017. It is anticipated that GDP figures of September quarter will increase as compared to June quarter
Prime Minister has given direction to Consumer Affair Ministry handled by Ram Vilas Paswan to become attentive on grievances from common people in respect to Goods and Service Tax (GST) and Exaggerating price issues with retailers.
Every year India International Trade Fair Event is conducted in the Pragati Maidan in New Delhi, this year is the 37th anniversary. The event started from 14th November will continue till 27th November, is open for the general public.
Under the GST, the exports of taxable goods or services are treated as zero-rated supplies. It means that the suppliers will not have to pay any GST on any of their exports.
The 23rd GST Council meeting in a row to make GST more effective proved to be big contentment for most traders with the council pronouncing a set of measures that reduced the compliance burden and tax rates on some eatery goods.
The Advisory Group which is formed to assist the Law Review Committee of GST Council is going to gather on 8th November in Guwahati for 23rd GST Council Meeting to decide the proposed changes in provisions to create a system for a smooth functioning of GST.
GST Network has informed the exporters about the refund filing mechanism and allowed them to furnish details on common GST portal in table 6A of GSTR-1 return form.
Amway, an MLM company, demanded the reduction in GST rate on Food Supplements urging the government that the preventives to the health problems should also be considered as important as medicines.
According to the survey organized by Nikkei Purchasing Managers’ Index (PMI), a private firm reported that the manufacturing activity fell down in the month of October but the companies hired a large number of workers to provide greater services to the users in respect of outstanding business.
