GST Relief for Micro and Small Units The GST Council has approved an exemption for micro and small units renting properties from unregistered individuals under the composition scheme. This move…
Optimistic Credit Growth for MSMEs The West Bengal government is optimistic about surpassing its ambitious Rs 1.53 lakh crore credit target for the Micro, Small, and Medium Enterprises (MSMEs) sector…
Quarterly Reporting to Prevent Resale The Food Safety and Standards Authority of India (FSSAI) has mandated quarterly submissions of data on expired and rejected food items through its online compliance…
Integration into Global Value Chains Deeper integration into global value chains is essential for India to more than double its current 2% share in global trade, according to the Confederation…
5% GST on Food Delivery Apps to Apply Retrospectively The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is set to clarify the retrospective imposition of 5% GST on…
Sharp Decline in Imports Amid Rising Domestic Challenges India's iron and steel imports fell by 28% in November 2024, dropping to $1.7 billion compared to $2.4 billion the previous year.…
India’s Agricultural Success vs. Nutritional Challenges India, a global leader in agricultural production, faces significant gaps in ensuring nutritional security for its population. Speaking at ETHealthworld’s maiden Nutriwell conclave, FSSAI…
Increased Allocation for MSME Initiatives Micro, Small, and Medium Enterprises (MSMEs) in Kerala have urged the State Finance Department to significantly boost budgetary allocations in the upcoming 2025-26 Budget. The…
Proposed GST Reduction India's GST Council, chaired by the federal finance minister, is reportedly considering reducing the Goods and Services Tax (GST) on food delivery charges levied by e-commerce platforms.…
What is Advance Tax? Advance tax is a system where taxpayers pay a portion of their income tax liability in instalments throughout the financial year, rather than paying it all…