Hopeful of India turning a $5-trillion economy by 2024, home minister Amit Shah last week said the last five years were dedicated to detoxifying the economy and in the next five, a series of reforms will be implemented to make the country one of the most powerful economies in the world.
Micro, Small and Medium Enterprises contribute over 29 percent of GDP and over 49 percent of Indian exports, MSME Minister Nitin Gadkari said on Monday.
IFC had previously joined hands with Mahindra Finance in 2018, when it invested an equivalent of $100 million in Mahindra Finance to increase loans to farmers to buy tractors, commercial vehicles, and other equipment for modern farming.
Chandigarh, Dec 2 The Punjab Goods and Services Tax (Amendment) Act, 2017 will be suitably amended, in line with the Central GST Act, to further promote ease of business in the state.
Rs 103492 crore gross GST revenue collected in the month of November 2019
Union Finance Minister Nirmala Sitharaman on Monday told Parliament that the decision to cut corporate tax rate for domestic companies was necessary post the July Budget to deal with the challenges in the economy.