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Businesses planning to set up a trading company, or start importing or exporting from India, must understand the stages and stakeholders involved in the process, as well as the regulatory framework and documentation required.

The Indian rupee on Thursday opened marginally weaker against the US dollar, in line with its Asian peers as the greenback held near a nine-month high.

The introduction of destination-based consumption tax in the form of GST was one of the biggest reforms the current Government brought in.

NEW DELHI: The government has set up an inter-ministerial committee of secretaries to look at a new export incentive scheme especially for the yarn and fabric sector in the wake of a 35% decline in cotton yarn exports in the first quarter of FY20. 

Indian textiles minister Smriti Irani recently said 30,000 people in Meghalaya will be trained under the 'Samarth' scheme for apparel, textiles and handloom. While laying the foundation stone of the Integrated Textiles Tourism complex at Nongpoh in Ri-Bhoi district, she said Prime Minister Narendra Modi wants 54,000 state craftspersons to get benefited. 

Ludhiana, August 28, It seems since the implementation of GST, tax payers are facing problems while filing GST returns till date.

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