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Again the high court’s intervention has been requisitioned by the big section of Indian exporters. This is due to the abbreviation of the benefits of the EPCG (Export Promotion Capital Goods) scheme under the (goods and services tax) GST regime. Under the GST regime, the discontinuation of some of the perks under EPCG scheme led […]
A slump of 3.46% is witnessed in Apparel exports in F.Y. 2018-19 in comparison to the year-earlier period. Last financial year the Apparel exports were worth $16.13 billion while in the year-earlier period it was worth $16.71 billion.
The Union Cabinet unanimously accepted amendments in GST laws which will increase the threshold limit for composition dealers to Rs 1.5 crore.
A good fortune has been turned up for both warehousing and real estate sector across the country as the implementation of goods and services tax as well as make in India concept of the government of India made both these sectors lucrative of investment.
Approximately 70,000 co-operative Housing Societies have noticed crossing an annual turnover of Rs. 20-lakh in Mumbai, Maharashtra have to register under new indirect tax regime, as per the report generated by The Times of India.
GST has not only increased the indirect tax base but also revealed the hidden face of Indian economy. GST has opened many folds after analyzing the facts and put shocking data in front of India.
The Research published by the credit-rating body ICRA has brought good news for the Indian Corporate Sector. Aided mainly by the festive season, the sector has shown recovery from the initial jolt felt during the transition phase of the newly implemented GST tax regime.
With the implementation of the biggest reform (GST) in the modern history of India, the expectations were quite high. It is meant to benefit the businesses and economy equally coming under the ambit of Goods and Services Tax.
According to The Associated Chambers of Commerce and Industry of India (Assocham), if the Realty is put under the GST, it is required to come with moderate rate and stamp duty, without attaching the cost of housing and construction.
