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.
The National Small Industries Corporation (NSIC) signed an MoU with Common Service Centres (CSC) e-Governance Services India in New Delhi with the aim to enhancing new offerings for the MSME sector by synergising each others' competence, said a government release.
The new finance minister Nirmala Sitharaman has two weeks to prepare the budget for fiscal year 2019-20 (FY20), which will be presented on 5 July.
India’s Constitution-makers thought of India as a union of States with a centripetal bias, done, advisedly, to preserve the unity and integrity of a newly fledged nation.
Mumbai: The Indian rupee on Monday was trading little changed against the US dollar as traders were cautious and avoided taking long positions after Business Standard report said that the Viral Acharya deputy governor of the Reserve Bank of India (RBI) resigned six months before his term ends citing “unavoidable personal reasons".
NEW DELHI: GST officers have one more task — conduct mock purchases to identify businesses that are not passing on benefits of lower taxes to consumers.