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.
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.
NEW DELHI: 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.
The Indian rupee appreciated by 19 paise to 71.59 against the US dollar in early trade on Monday tracking gains in domestic equity market and weakening of the American currency vis-a-vis other currencies overseas.