In a move to ease the compliance burden on the taxpayers and to facilitate input tax credit in a fast manner, the Central Government has finally moved ahead with the single monthly return system under the Goods and Services Tax ( GST ) regime. 

The rupee on Friday opened 23 paise lower at 70.26 against the US dollar on Friday amid rise in crude oil prices. The domestic currency on Thursday surged by 31 paise to close at 70.03.

Distribution of gold cards, launch of new software for contractor loans, and declaration of annual financial are also packed into the event, an official spokesman said

The apparel export industry is facing several short and long term challenges following the Easter Sunday attacks, the industry officials said.

Abdul Momin used to work at a garment factory in Dhaka a couple of years ago. Now he runs a small factory at his Banglabazar village home and produces T-shirts that are exported to a neighbouring country.

Small Industries Development Bank of India (SIDBI) on Thursday reported a 28.22 per cent jump in net profit at Rs 519.36 crore for the March quarter as against Rs 405.06 crore in year-ago period.