Prime Minister Narendra Modi on Monday met India's top 10 business leaders and discussed the current economic scenario.
Industry body Federation of Indian Export Organisations (FIEO) said on Monday termed it unfortunate that the e-wallet scheme aimed at easing liquidity problem in the wake of GST roll-out in 2017 has not been operationalised yet.
NEW DELHI : During a crackdown to check the misuse of IGST (Integrated Goods and Service Tax) funds by star exporters, the Central Board of Indirect Taxes (CBIC), through a sample study of 241 cases, has identified at least 9 star export houses that are untraceable and 82 such exporters whose declarations before income tax and GST have significant variance.
The government is planning to extend the safeguard duty imposed on imported solar power equipment from China, sources said.
NEW DELHI: The recovery of money owed to the micro, small and medium enterprises (MSMEs) by corporate debtors should be brought in the ambit of corporate insolvency resolution process (CIRP) costs, said the Federation of Indian Micro and Small & Medium Enterprises (FISME) in its pre-budget presentation to the finance minister.
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has asked the Directorate General of Foreign Trade to make the accreditation system for star exporters more robust to curb tax fraud.