Vietnam’s economy grew at a slower pace in the first quarter as weakening global demand for smartphones weighed on exports, government data showed yesterday.
NEW DELHI: India is eyeing several changes to the electronic-way bill system, ranging from auto calculation of distance for movement of goods to barring businesses from generating multiple e-way bills based on one invoice, as it cracks down on evasion in the goods and services tax (GST) framework.
Mechanism to transfer unutilised input tax credit, liabilities specified
Chairman CITI, Sanjay Kumar Jain welcomes the Government’s decision to reduce the Hank Yarn Obligation (HYO) from 40% to 30% of the total weaving yarn produced for domestic consumption.
The Indian rupee on Friday strengthened marginally against the US dollar, tracking gains in Asian currencies and optimism about a US-China trade deal.
A decline in overseas demand from major markets like the UAE has raised concern that India's apparel exports, which is a major foreign exchange earner for India, are slowing down for good.