New Delhi : A recent analytics-driven probe into Goods and Services Tax (GST) refunds has led investigators to detect more than 1,200 untraceable exporters, saving the exchequer of over Rs 350 crore in refunds under payment.
MSME Export Promotion Council to hold mega meet to boost northeast entrepreneurs - 17th January 2020
The MSME Export Promotion Council (MSME-EPC) is holding the first three-day summit in Guwahati for aspiring entrepreneurs in the North East from Friday to pave the way for development of entrepreneurship and businesses by women and youths of the region.
The Cotton Corporation of India (CCI) has procured about 40 lakh bales of cotton as part of its MSP procurement operations so far during the season, amounting to 25% of the crop arrivals in the market, top officials of the corporation said.
City-based goods and services tax (GST) payees can now file their revision petitions against those decisions and orders of competent authorities which they couldn’t challenge with the Appellate Authority.
India's textile and apparel exports are expected to touch $300 billion by 2024-25, resulting in a tripling of the country's market share globally from 5 per cent to 15 per cent, according Invest India, the national investment promotion and facilitation agency.
The central government is mulling to develop Surat as a textile machinery hub to provide state-of-the-art technology at affordable rates to the country’s largest textile cluster which where a large number of units are based.