MUMBAI: The rupee tumbled by 67 paise to 72.09 against the US currency in early trade on Tuesday, tracking weak opening in domestic equities amid strong dollar demand from banks and importers.
Finance Minister Nirmala Sitharaman said on Monday the government was in consultation with various sectors and would respond to the situation as and when required.
In an apparent sign of economic slowdown, India's GST collections in August dropped to Rs 98,202 crore from over Rs 1.02 lakh crore in the previous month, the finance ministry said on Sunday.
New Delhi, Sep 2 (KNN) For signing MoU with Nodal Banks on Credit Linked Capital Subsidy Scheme (CLCSS) component, a conference under the Chairmanship of Nitin Gadkari, Union Minister for Micro Small and Medium Enterprises (MSME).
The first nine months after the introduction of the Goods and Services Tax (GST) were chaotic, to say the least. The GST portal was functioning moodily, tax rates kept on being tinkered with, and rules such as reverse charge on purchases were introduced only to be withdrawn.
New Delhi: In a swift action following Finance Minister Nirmala Sitharaman's promise to clear all pending GST refunds of micro, small and medium enterprises (MSMEs) within 30 days, Central Board of Indirect Taxes and Customs (CBIC) has prodded its field officers to make "all possible efforts to successfully realise this target." "We must endeavour to make this refund drive a grand success," CBIC Chairman Pranab K. Das wrote to tax officers across the country.