Many exporters have come under the taxman’s lens for claiming tax credit for the same export twice under the inverted duty structure. Those who have received notices from the indirect tax department said they had merely claimed what was theirs — although in two tranches.
The government has announced certain changes in the e-way bill system to tackle the goods and services tax (GST) evasion.
India's merchandise and services export would touch $540-billion mark this fiscal, Commerce Minister Suresh Prabhu said Thursday.
Ludhiana: The city industrialists have joined hands to check pollution levels of Buddha Nullah and give it a makeover.
The Reserve Bank of India (RBI) on Thursday conducted the 43rd empowered committee meeting on MSMEs for the state of Jammu and Kashmir.
Mumbai: The rupee appreciated by 16 paise Friday to close at 69.14 against the US dollar on persistent foreign fund inflows and heavy buying in domestic equities.