New Delhi: In a major relief to exporters, the Central Board of Indirect Taxes & Customs (CBIC) has decided to process the input tax credit (ITC) claims online, which will reduce the ITCNSE 1.28 % settlement time from a few months now to a fortnight and also clear the clogged working capital fast.
The rupee opened at 70.43 at the interbank forex market, displaying gains of 9 paise over its last close.
The Trade Receivable Discounting System (TreDS), an online bill discounting platform that helps cash-starved micro, small and medium enterprises (MSMEs) raise funds by selling their trade receivables to corporates, has been witnessing phenomenal growth over the last two years.
ORIGINALLY KNOWN as the Gokuldas Morarji market, the history of the Swadeshi Market in Mumbai is closely intertwined with that of the city’s past.
The Cotton Council International (CCI) participated as an exclusive sponsor in the fibre category at the recently held 2019 International Congress of Textile Innovation for Sustainable Development, in Lima, Peru.
The Finance Ministry has extended the deadline for filing summary sales return for April in 14 districts of Odisha affected by cyclone Fani by a month till June 20.