Tags

Hyderabad: Member associations of South India MSME Joint Action Committee urged the central and state governments to extend support to MSME sector in accessing to low-cost funds. 

The US decision to withdraw export incentives from India has been taken in a "haste" and would hurt the domestic exporters, industry chamber CII said on June 3.

Hit by the triple whammy of delay in GST refunds, unfavourable forex and end of trade privilege to Indian firms, the micro, small and medium enterprises (MSME) sector wants the government to offer incentives in the upcoming Union Budget so that it can cope with the tough times.

The rupee appreciated by 31 paise to 69.39 against the U.S. dollar in opening trade on Monday, driven by easing crude prices and higher opening in domestic equities.

New Delhi: The government is all set to take action against tax and money laundering with the help of data analysis to detect overstated goods and services tax (GST) claims that do not match up with income tax returns (ITR).

Gross Goods and Services Tax (GST) collections have stayed above the Rs 1 lakh crore mark for the third consecutive month in May. However, the mop-up so far for this financial year is lagging behind the required run rate by around Rs 13,500 crore.

Subcategories