Top 18 Indian States to Achieve 8-10% Revenue Growth This Fiscal
The growth of GST Collections and Central Devolution Drive GrowthThe top 18 states in India that contribute 90% of the GDP in the country are expected to earn a revenue…
Budget 2024: Allowing Refunds for Excess CGST Payments
Introduction of Section 11AAt the GST Council meeting held in June 2024, the Council decided on an amendment to the Central Goods and Services Tax Act 2017 (CGST Act). The…
Growth Opportunities and Credit Challenges for MSMEs: Insights from Manish Kothari, Kotak Mahindra Bank
Optimistic Growth for MSMEs Since the Indian economy is estimated to grow at seven-point-two percent in FY25, Manish Kothari, who is the Head of Commercial Banking, at Kotak Mahindra Bank,…
FSSAI Summons KFC Over Use of Unauthorized Chemical for Oil Cleaning
THOOTHUKUDI: After receiving magnesium silicate-synthetic (MSS) from a KFC outlet, Thoothukudi FSSAI, issued a summons to the KFC Indian headquarters in Mumbai. The summons were also served on the KFC…
FSSAI Mandates Bigger and Bolder Nutrition Labels for Packaged Foods
New Regulation On Provision Of Information On The Nutritional Content Of FoodsThis new proposal was recently passed by the Food Safety and Standards Authority of India (FSSAI) that states that…
FSSAI Introduces Enhanced Nutrition Labels for Packaged Foods
New Labeling RegulationsNew regulations have been passed through the Food Safety and Standards Authority of India (FSSAI) to make the nutrition information including total sugar, salt, and saturated fat be…
Indian Food Services Market Poised for Rapid Growth by 2030
Market Expansion and Growth PredictionsAccording to the report “How India Eats” by Bain & Company and Swiggy, India’s food services market is expected to reach Rs ten lakh crore by…
FSSAI Orders Removal of Misleading ‘100% Fruit Juice’ Claims
Transparency in food labels through FSSAI DirectiveAn important step to increase transparency in the food sector and avoid false advertising, The Food Safety and Standards Authority of India (FSSAI) has…
FSSAI Cancels Manufacturing Licences of 111 Spice Producers Across India
111 spice manufacturers and traders across the country have had their manufacturing licenses withdrawn by the Food Safety and Standards Authority of India (FSSAI). This action has been due to…
MSME Day 2024: Govt Unveils Rs 277 Cr TEAM Scheme for E-commerce Empowerment
Introduction of TEAM Scheme On the occasion of MSME Day 2024, union MSME minister Jitan Ram Manjhi introduced the Trade Enablement & Marketing (TEAM) scheme for which the government has…