New Delhi, Oct 23 (PTI) Tamil Nadu Municipal Administration and Rural Development Minister S P Velumani on Wednesday urged Finance Minister Nirmala Sitharaman to reduce GST on machined job order items from the present 12 per cent to five per cent to help majority of micro and small scale industries (MSSI).
The Sinha Committee recommendation for an impersonal, digital Information Utility is our best bet to improve the payments culture, not additional compliances.
Agents providing various services to foreign companies are quoting the government’s own Tax Research Unit’s (TRU’s) clarification in asking for exempting them from the 18 per cent goods and services tax (GST).
The Bangladesh government is giving the highest priority to free trade agreements (FTAs) for expanding trade and exports, according to commerce minister Tipu Munshi, who recently told a seminar FTAs are needed to meet future challenges in the competitive global trade environment after the formal enlistment in the list of developing nations in 2024.
The textiles recycling industry is facing several issues such as high supply, falling quality, payment concerns, and a need for better recycling solutions.
Commerce and industry minister Piyush Goyal said that ecommerce companies are cooperating with the government after being sent questionnaires over complaints regarding the alleged violation of foreign direct investment (FDI) rules.