MUMBAI: Mumbai: Gujarat has emerged as the top state, in terms of performance and credit growth potential for MSME (micro, small and medium enterprises) Corporate Lending in India, followed by Andhra Pradesh, Haryana, Karnataka and Delhi, said TransUnion CIBIL- SIDBI’s MSME Pulse Report.
The National Stock Exchange (NSE) on Wednesday said it has signed a pact with the Haryana government to help boost the growth of MSME sector in the state.
Businessmen who have opted for Composition Scheme (paying of lumpsum tax) under Goods and Services Tax (GST) regime were unable to pay their quarterly taxes as the new form was not accessible on GST network even as the deadline ended on Thursday.
Goods and Services Tax (GST) is India’s biggest indirect tax reforms which started on July 1, 2017. It is founded on the notion of “One Nation, One Market, One Tax”, as we enter the third year of successful implementation of GST after braving some serious challenges.
The entire supply chain partners from fibre to fashion showcased the developments in their requisite field at the triple shows during the three-day exhibition ‘Textile Fairs India (TFI) 2019’.
Taxmen unearthed Rs 45,682.83 crore worth of tax frauds under goods and services tax (GST) regime since its rollout on July 1, 2017, government data showed.