The Goods and Services Tax (GST) Authority has come out with a draft new simplified return form, which it plans to formally rolled out in July.
Corporate India has welcomed Narendra Modi's re-election and wants the NDA government to continue pro-business policies like Make in India and Ease of Doing Business.
Surat: Textile exporters in Surat, the country’s largest man-made fabric (MMF) sector, are upbeat over the ongoing trade war between the US and China, as they forsee a major advantage of increase in fabric and readymade garment exports to the US following imposition of import duty by America on Chinese products.
The rupee appreciated by 21 paise to 69.81 against the US dollar in opening trade Friday following the BJP's thumping victory in the Lok Sabha polls.
NEW DELHI: The new government will hit the ground running as it looks to get economic growth back on track by simplifying taxes, easing compliance and spurring demand.
Even while PM Narendra Modi has retained power for the next five years, India’s micro, small and medium enterprises (MSME), which 24.63 per cent to the GDP from service activities and 33.4 per cent to the manufacturing output, is hopeful of reforms across key challenge areas.