All eyes are on what policy mechanisms will the Hon. Finance Minister of India use in Budget 2019-2020, to boost consumption and investments in India. Amongst the wide variety of available strategies, a focus on utilising tax-rebate strategies such as allowing high accelerated depreciation to promote new investments in areas of the economy that require investments is one that can help significantly.
New Delhi: Kicking off celebration to mark two years of the Goods and Services Tax (GST) implementation, the finance ministry will on Monday come up with further reforms in the indirect tax system with introduction of new return system, rationalisation of cash ledger system and a single refund-disbursing mechanism, among others.
The rupee on Monday opened 8 paise higher at 68.95 against the US dollar on account of some selling in American currency by banks and exporters amid sustained buying by foreign institutional investors.
BENGALURU: Bihar deputy chief minister and GST council member Sushil Kumar Modi on Saturday said from September GST refunds will be done through a single source, as against the present system that sees refunds disbursed from the state and the Centre.
Tirupur: The city corporation will soon open a centre to collect electronic and electrical wastes.
New Delhi: India has fulfilled its promise of reviving a textile factory in Kenya in a record time of less than three years, under a line of credit extended during Prime Minister Narendra Modi’s visit in 2016.