Tag: ease of doing business
GST 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaul
New Delhi: The GST Council approved a sweeping recast of the indirect tax structure that includes scrapping arrest powers, besides easing the compliance structure and…
GST reforms: Refunds, wider ITC mark third phase of reform as India targets global supply chains, says PwC’s Pratik Jain
Nearly a decade since its roll out, the historic GST reform moved closer towards a pivotal point of maturity. Over the years, GST has largely…
GST Council to focus on auto refunds, swifter ITC, fewer notices
NEW DELHI: The Goods and Services Tax (GST) Council is set to push through a major ease-of-doing-business reset on October 8, with the government proposing…
GST registration overhaul: Businesses may soon apply for multiple states at once
New Delhi: The GST Council is likely to consider a proposal to allow businesses to file for GST registration in multiple states through a single…
GST 2.0 set to amplify ease, unlock tax credit
New Delhi: India is eyeing a broad overhaul of the goods and services tax (GST) regime that could free up thousands of crores of accumulated…
G20 ministers discuss curbing impact of govt-backed excess manufacturing capacities: Piyush Goyal
New Delhi, G20 trade ministers have discussed preventing large production capacities, created with government support in some geographies, from hurting manufacturing in countries that follow…
DGFT to set up central unit for trade applications
New Delhi: The government is setting up a Central Processing Department (CPD) in the Directorate General of Foreign Trade (DGFT) to act as a central…
India to set up central processing department for faceless trade facilitation
New Delhi: The commerce ministry has decided to set up a central processing department in the Directorate General of Foreign Trade (DGFT) to implement a…
Digitisation of processes not reform, simplify governance to boost growth: EAC-PM member Sanyal
Chhatrapati Sambhajinagar: Mere digitisation of administrative processes does not amount to reform, said Sanjeev Sanyal, a member of the Economic Advisory Council to the Prime…
Tremendous scope to improve processes, procedures to help faster flow of FDI, says Piyush Goyal
Osaka: Improvements in processes and procedures, more efficient KYC norms, and streamlined approvals will facilitate a faster flow of foreign direct investment and provide greater…