Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1. All eyes will be on what the Budget holds for car buyers.
Goods and Services Tax collections exceeded Rs 1 lakh crore for the second straight month in December 2019. It has given relief to the government, which was struggling with a shortfall in GST collections in the current fiscal year.
New Delhi: Middle-scale enterprises face policy bias from the Ministry of Micro, Small and Medium Enterprises (MSME) and the administrative control of the such enterprises should be shifted to the Ministry of Commerce and Industries, according to the Federation of Indian Micro and Small & Medium Enterprises (FISME).
NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) has convened a meeting of industry representatives from IT and e-commerce sectors on January 14 to discuss the merits and de-merits of draft e-commerce policy on data storage, sources said.
New Delhi: Banks, airlines, insurance companies, armed forces and telecom service providers are likely to be exempted from mandatory issuing of e-invoices under goods and services tax (GST), said people aware of the matter.
Will trawl GSTN, ICEGATE to create district-wise database.