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India’s biggest indirect tax reform in the form of Goods and Services Tax (GST) was introduced and implemented from July 1, 2017.

The rupee depreciated by 25 paise to 68.66 against the U.S. dollar in early trade on Thursday ahead of the Reserve Bank of India’s policy decision and foreign fund outflows.

The Finance Ministry and the Reserve Bank of India (RBI) may soon start consultations with each other to find out a revised mechanism on non-performing asset (NPA) resolution.

Guwahati, Apr 3 (KNN) In the north-eastern states, National Small Industries Corporation (NSIC) is supporting and assisting Micro, Small and Medium Enterprises (MSMEs) through credit support, marketing support and skill development training to unemployed youths through incubation training centre.

Former Reserve Bank Governor Y V Reddy said Wednesday that the Union government would gain more from GST than the states in the longer run.

CBIC also directed tax officers to analyse the information by an applicant in the fresh registration form regarding details of proprietor, director/members of managing committee of associations/board of trustees etc vis-a-vis any cancelled registration having same details.

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