New Delhi, Apr 25 (KNN) While the government is in overdrive to weed out ‘fictitious companies’, those who genuinely want to update their registered offices term the process nightmarish and seek a simplified scheme to effect change.
The Indian rupee on Friday strengthened marginally against US dollar tracking gains in Asian peers. At 9.03 am, the rupee traded at 70.11 a dollar compared with its previous close of 70.26. The Indian currency had opened at 70.14 a dollar.
It is a pity that the country’s top courts, from the NCLAT to the Supreme Court (SC), are passing orders that will hit RBI’s ability to ensure the country’s banking system remains as healthy as possible.
Neerav Makharia has been engaged in the yarns business for over 24 years in Bhilwara, Rajasthan. In July 2017, he was introduced to a new system of taxation called Goods and Services Tax (GST).
Indian tax authorities have alleged that a number of big multinational companies have not passed on benefits from a tax cut to customers, a senior government official told Reuters.
MSME-focussed digital lender FlexiLoans has extended its partnership with Amazon.in for the second year by integrating its lending platform with Amazon Lending Marketplace, media reports say.