Central Bank of Nigeria (CBN) Governor Godwin Emefiele is usually nostalgic anytime he talks about the country’s textile sector.
Stock market data depicts a dismal picture of Bangladesh’s textile and garment companies, depriving thousands of investors of expected dividends from the sector that accounted for 84 per cent of the country’s exports last fiscal year.
Finance Minister Nirmala Sitharaman on Saturday held meeting with chartered accountants, traders and other stakeholders as part of efforts to further simplify Goods and Services Tax (GST) forms and make the filling process more user-friendly.
CBIC to act tough following lower-than-expected tax mop-up
In a bid to ease the flow of foreign funds into legitimate business activities, the government may soon ease restrictions on foreign direct investment (FDI) by joint ventures (JVs) or wholly-owned subsidiaries (WOS) of an Indian company without categorising such investments as "suspect" involving 'round tripping' of funds.
Ludhiana: In a shock to city businessmen, the notification of doubling the e-way bill exemption limit to Rs 1 lakh, which expired on September 12, has still not been renewed.