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…
Surge in MSME Export Value Micro, Small, and Medium Enterprises (MSMEs) in India achieved exports worth Rs 12.39 lakh crore during the April-November FY25 period, exceeding the Rs 8.55 lakh…
GST Department's Tax Demand Zomato, the popular food delivery platform, has been issued a tax demand of Rs 803.4 crore by the GST department in Thane. The demand pertains to…