The government will soon take a call on the recommendations of UK Sinha committee to strengthen the Micro, Small and Medium Enterprises (MSMEs) sector, said Union Minister Nitin Gadkari on Thursday.
Nagpur: The Directorate General of GST Intelligence (DGSTI), which recently made a number of arrests in cases of fake invoices, has also found that the prime objective of the persons arrested was not to evade tax but to fudge balance sheets and secure higher loans.
The upcoming Goods and Services Tax (GST) Council meeting on September 20 is likely to approve the mechanism to allow a single authority — state or Central — to sanction and process GST refunds for exporters in a faster and simpler manner. Refunds of around Rs 10,000 crore have piled up.
Uttar Pradesh government will set up a Rs 200 crore venture capital fund to promote micro, small and medium enterprises (MSMEs) startups, especially pertaining to traditional industries in the state.
New Delhi, Sept 5 (KNN) The International Conference on Apparel and Home Textiles (ICAHT) is organizing the 15th conference on September 7 in the national capital.
A goods and services tax (GST) levy on services is being applied on workers enrolling for the government's skill development programme, discouraging them and industries alike, said experts on Thursday.