Tag: itc

israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Indian startups: ET Startup Awards 2024 | Warm-up decade is done, clock is now ticking for the real game

The Indian startup ecosystem is going through an inflection point where founders are building for profitability and eyeing eventual public listing even the investors are…

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GSTN to launch invoice management system from Oct 1
Posted in Economy

GSTN to launch invoice management system from Oct 1

New Delhi: GST Network will launch the Invoice Management System (IMS) from October 1 which will facilitate taxpayers in matching their records/invoices vis-a-vis issued by…

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India-Africa are exploring rupee trade, to improve commerce: Noel Tata
Posted in Economy

India-Africa are exploring rupee trade, to improve commerce: Noel Tata

New Delhi: Noel Tata, Chairman of the CII Africa Committee and Chairman of TATA International Ltd. emphasized the growing need for innovative financial strategies to…

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GST News: Cos with multi-state presence will have to register as ISD with GST authorities by April 1, 2025
Posted in Economy

GST News: Cos with multi-state presence will have to register as ISD with GST authorities by April 1, 2025

Companies having presence in multiple states and distributing common input tax credit with branch offices will have to register as Input Service Distributor (ISD) with…

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Navigating the evolution of Input Service Distributor under GST
Posted in GST

Navigating the evolution of Input Service Distributor under GST

The concept of Input Service Distributor (“ISD”) has passed through from the Service Tax regime to the GST regime. Despite the concept not being new,…

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gst: Taxpayers can explain discrepancy in their GST returns on GST portal before getting notice
Posted in Economy

gst: Taxpayers can explain discrepancy in their GST returns on GST portal before getting notice

Now taxpayers under the Goods and Services Tax (GST) will be able to explain the mismatch in their inward and outward supply filed in tax…

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6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal', focus on curbing tax evasion
Posted in Economy

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes ‘new normal’, focus on curbing tax evasion

Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every…

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pli: Govt assures PLI beneficiaries of timely resolution of issues, next high level meet in Sept end
Posted in Economy

pli: Govt assures PLI beneficiaries of timely resolution of issues, next high level meet in Sept end

New Delhi: Commerce and industry minister Piyush Goyal on Tuesday chaired the first cross- sectoral workshop on the 14 production-linked incentive (PLI) schemes to take…

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gst: 88% MSME say GST reduced cost of goods and services, optimised supply chain
Posted in Economy

gst: 88% MSME say GST reduced cost of goods and services, optimised supply chain

About 88% of Micro, Medium and Small Enterprises say that implementation of Goods and Services tax (GST) has reduced cost of both goods and services…

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gst: GST Council likely to vet CBIC's plan for additional validations in return filing to check evasion
Posted in Economy

gst: GST Council likely to vet CBIC’s plan for additional validations in return filing to check evasion

The GST Council is likely to consider CBIC’s proposal in its meeting scheduled to take place next month. According to Central Board of Indirect Taxes…

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