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India’s Central Board of Indirect Taxes and Customs (CBIC) recently allayed fears due to a perceived setback to the automated refunds process for exporters under goods and services tax (GST) due to the introduction of manual checks to curb frauds in integrated GST refunds.

The Indian rupee opened higher at 69.01 per dollar on Friday against previous close 69.06.

Tirupur: The city corporation is likely to set up two solar plants on its land in Iduvai at a total cost of Rs 39.02 crore. The plan is to use the power to operate drinking water pumping stations.

PUNE: Union Minister of Commerce and Industry & Railways, Piyush Goyal, reviewed the draft National Logistics Policy and the proposed action plan for implementation of the policy prepared by the Department of Logistics, Ministry of Commerce and Industry.

Industry body Ficci Thursday urged the Finance Ministry to have a re-look at Goods and Service Tax (GST) regime for consulting and service sector.

Union Minister for Micro Small and Medium Enterprises (MSME)  Nitin Gadkari, on Thursday said the government is committed to raise the contribution of the MSME sector to GDP to 50 percent.  

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