Introduction of Biometric Verification for GST Registration On December 8, 2024, the Goods and Services Tax Network (GSTN) announced a new initiative for GST registration in Haryana, Manipur, Meghalaya, and…
Health Risks from Newspaper Ink The practice of wrapping, storing, and consuming food in newspapers, common in many Indian households, has been deemed dangerous by the Food Safety and Standards…
Focus on MSME Sector Inputs Finance Minister Nirmala Sitharaman chaired a pre-Budget consultation with representatives from Micro, Small, and Medium Enterprises (MSMEs) to gather suggestions for the 2025-26 Budget. This…
Introduction to GST Rate Adjustment The Group of Ministers (GoM) on GST rate rationalization has proposed increasing the tax rate on sin goods, including aerated beverages, cigarettes, and tobacco products,…
Market Evolution and Growth Drivers The global Digital Signature Market has experienced significant growth, driven by evolving consumer preferences, technological advancements, and a heightened focus on security and sustainability. The…
Search Operations Underway GST authorities have conducted searches at three offices of ICICI Bank, according to an official announcement by the bank. The operations were initiated under Sections 67(1) and…
Opposition to Proposed GST Rate Changes The Karnataka Hosiery and Garment Association (KHGA) has raised concerns over the proposed hike in GST rates for readymade garments, stating that it could…
Status of MSMEs and Closures As of July 25, 2024, 2.76 crore MSMEs have registered on the Udyam portal since its launch on July 1, 2020. Of these, 49,342 units…
FSSAI's Role in Ensuring Food Safety The Food Safety and Standards Authority of India (FSSAI) has taken significant action following the registration of 533 food and beverage-related complaints in India's…
Mandatory Risk-Based Inspections Introduced The Food Safety and Standards Authority of India (FSSAI) has categorized packaged drinking and mineral water under the "High Risk Food Category." This move subjects the…