It is a time India came out with new and re-designed schemes which not only protect domestic industries but also cannot be legally challenged under the SCM Agreement.
Textiles and garment imports, as percentage of such exports, surged from just about 13% in FY14 to a record 25% in the first eight months of this fiscal.
MUMBAI : Loan defaults are rising at India’s vast small enterprises sector at a time large corporate debtors are beginning to put their house in order, data from credit information bureau TransUnion Cibil showed.
Central GST authorities have started summoning businesses with a set of 12 key documents pertaining to FY17-18, the GST roll-out year, for closer scrutiny suggesting an aggressive approach against suspected tax evasion.
Union Budget 2020 India | Ease of Doing Business for MSMEs: Lack of affordable industrial space has led micro, small and medium enterprises (MSMEs) to seek help from the government in this year’s budget by providing subsidized access to land.
New Delhi: India Inc is set to face first ever tax audit under the goods and services tax (GST) regime. The GST authorities have begun issuing notices for the tax audit exercise, which involves detailed scrutiny of the accounts and records for FY18.