New Delhi, 24 June (KNN) Imposition of CGT (Capital Gain Tax) on purchase of Industrial Plot should be revoked to stimulate the growth of Micro Small and Medium Enterprises (MSMEs), suggested Manesar Industries Welfare Association (MIWA) to Finance Ministry.
Buoyancy ratio aside, the revenue picture is creditable given the transitional glitches.
New Delhi: The Ministry of Micro, Small and Medium Enterprises is aiming to increase the number of micro and small industries in India on a sustainable basis by implementing various schemes and programmes.
The Finance Ministry has put out a draft circular clarifying the taxability of services provided by head office, located in one State, to the branch office located in another.
The GST Council at its meeting on Friday, the first chaired by the new finance minister, Nirmala Sitaraman, decided to introduce the single return filing system for all businesses beginning 1 January 2020.
New Delhi: With the formation of a stable government at the centre the focus must shift to the economy and infrastructure building.