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PUNE: Union minister Nitin Gadkari on Friday said the Centre has designed policies to generate five crore jobs in the Micro, Small and Medium Enterprises (MSME) sector over the next five years.

The Gujarat High Court has issued notices to Centre and the State Government, besides three others, on limiting the input tax credit to assessees in case the details have not been uploaded by the supplier.

Finance Minister Nirmala Sitharaman on Friday said it was too early to say if the slowdown in the economy had bottomed out but she hopes the growth in second half of the fiscal will be better.

Amid global slowdown and weak domestic demand, India's merchandise exports declined marginally while imports fell by a sharp 16 percent in October on a year-on-year basis, according to official figures released on Friday.

New Delhi, Nov 15 (KNN) In a bid to tackle out glitches in filing of Goods and Services Tax (GST), Finance Minister Nirmala Sithraman has invited tax practitioners' association and representatives of Micro Small and Medium Enterprises (MSMEs) and Institute of Chartered Accountants of India (ICAI) representatives on Saturday to hear their concerns. 

The Goods and Services Tax (GST) on matchboxes should be brought down to 12 per cent from the existing 18 per cent, Tamil Nadu Information and Publicity Minister Kadambur C Raju said on Friday.

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