GST officers are working on a system where businesses above a certain turnover threshold will have to generate 'e-invoice' on government or GST portal for every sale, thereby effectively reducing the room for tax evasion.
Indian economy will grow below its potential in 2019-20, according a report from the Hong Kong-based The Economist Intelligence Unit (EIU).
MUMBAI: In a move to tackle fund diversion, the Reserve Bank of India (RBI) has proposed sterner rules on opening and running of current accounts of corporate borrowers.
With four Uttar Pradesh ministers fighting the ongoing Lok Sabha polls and standing "bright chances" to win their seats, the Adityanath government may have to undertake its first Cabinet reshuffle soon after the elections are over.
To attract new entrepreneurs in exports and bridge the gap of availability of qualified skilled manpower in Exim trade, exporters' body FIEO signed a MoU with Prin. L N Welingkar Institute of Management Development & Research, (WeSchool) Mumbai.
Sanjay K Jain, Chairman, Confederation of Indian Textile Industry (CITI), stated that the Cotton Advisory Board (CAB), had estimated the Cotton Crop to be 361 lakh bales on 22nd November 2018.