LUT
Budget wishlist: Make it cheaper to import for export, says industry
Exporters want the FM to resolve issues around inverted duty structure in sectors like textiles, engineering and leather. FIEO suggests extending the 15% corporate tax facility for three years and the development of an Indian shipping line of global repute to save on freight remittances.
Arsenal vs Luton Town: Live streaming, team news, head-to-head, predicted lineup, where to watch Premier League
Luton Town and Arsenal have played together 48 times in all competitions, with their first meeting dating back to 1897. Arsenal have won 27 matches against Luton Town. The hosts have defeated them 10 times and 11 games have ended in draws. What will happen when they meet next in a Premier League encounter?
Heatwave: Scientists certain that July will be the hottest month ever recorded globally; Details here
UN Secretary-General Antonio Guterres expressed that the unfolding events align with earlier predictions and warnings. The rapid pace of change is the only unexpected factor. Guterres emphasized that climate change is now a reality, evoking fear, and cautioned that this is merely the initial phase.
The ‘ex’ factor: Taylor Swift finds new love in Matty Healy, frontman of English band 'The 1975', after splitting with Joe Alwyn
Swift and Healy reportedly dated briefly in 2014. Swift recently broke up with Alwyn after a 6-year relationship.
What if you turn a pauper chasing multibagger? Comedian Aiyyo Shraddha asks in NSE campaign
The video series featuring influencer Shraddha started with a short take on how taking advice from random people can hurt investors
Sony introduces FX30 4K Super 35 cinema camera in India: Price, Specifications, and More
Sony has announced the launch of the FX30 4K Super 35 small cinema camera in India, the newest addition to their Cinema Line.
- Go To Page 1
In a first, UK witnesses average annual temperature above 10 degrees Celsius in 2022. See details
Climate change is real. It can be ascertained by the sharp changes faced by different countries like the UK.
Singer Jubin Nautiyal meets an accident, suffers multiple injures in ribs & elbow
The singer fell down from a building’s staircase in Mumbai. The singer will reportedly undergo surgery to fix the injuries on his right arm. Times Now reported that doctors has advised the singer not to use his right arm. The singer also sustained injuries to his head and was rushed to hospital immediately.
Jubin Nautiyal to undergo surgery in Mumbai after staircase fall, singer sustains injuries in head & ribs
The accident left the singer with a broken elbow and cracked ribs.
How to ready the documents needed for export shipment
There is a host of paperwork needed to ship goods overseas. Becoming adept at organising the varied set of documents during the export process is key to handling export orders with ease.
UP polls: BJP faces farm distress; law & order; welfare issues may help party
But if the 2017 polls were a no-contest for the BJP in western Uttar Pradesh like most of the state, the Samajwadi Party-Rashtriya Lok Dal alliance here is banking on a coalition of a big section of Jats and Muslims.
GTC seeks to intervene in DRI case against exporter Golden Tobie
The federal agency, in an affidavit seeking dismissal of the company’s petition, said its investigation found that the petitioner doesn’t have a valid licence to manufacture cigarettes or any other tobacco products and that at least one some brand of cigarettes it was exporting was owned by Golden Tobacco Ltd (GTC).
Tax on social media influencers: Why do they have to pay tax and how is it calculated in India?
Influencer earnings are typically regarded as company earnings that are subject to standard income tax, with the exception of those that are subject to a final tax, or are excluded from taxation under existing rules
I have a job offer as consultant with US-based firm. What are the income tax related issues I need to keep in mind?
From a direct tax perspective, it should be ensured that the CPA firm in the US does not equip itself with knowledge or expertise while you provide the consultancy services, which would enable them to apply that in the future independently without your assistance.
CBIC asks officers to clear pending Customs, drawback refund claims by month-end
The Central Board of Indirect Taxes and Customs (CBIC), the apex decision making body in customs matters, has issued an instruction to all customs Principal Chief Commissioners that a 'Special Refund and Drawback Disposal Drive' will be conducted with the objective of priority processing and disposal of all pending refund and drawback claims.
Exporters worried over losing tax flexibility after IGST tweak
Earlier, exports could be made either on payment of the integrated tax or under bond. Citing liquidity crunch and higher transaction time and costs, exporters have sought restoration of the option of payment of IGST as more than half of the exporters use this route.
Rs 1.12 lakh crore paid as IGST refunds to exporters: Govt
The board said that out of about 1.85 lakh exporters, a total of 6,421 exporters (about 3.4% only) including some ‘star exporters’ have been identified as risky and hence, red flagged. Even some of the ‘star exporters’ are not traceable at the addresses given by them.
No GST invoice required if goods taken abroad for exhibition are brought back in 6 months
"Since taking such goods out of India is not a supply, it necessarily follows that it is also not a zero-rated supply.
FY-20 rebound tool: A rejig in foreign trade
The widening current account deficit (CAD) of India indicates that imports exceed exports and hurts the economic growth rate.
Documents & compliances that every exporter needs to keep in mind
For cross-border transactions, unless specifically mentioned the default POS for services is the location of the recipient of service i.e. outside India.
Automated GST refund for exporters by next month
Currently, the facility of automatic refund is available only for those exporters who have paid Integrated Goods and Services Tax (IGST) while exporting goods
GST: What a novice exporter needs to keep in mind
If compliances in terms of current taxation policy of the Government and do’s and don’ts for availing the benefits are not adhered to, it may lead to difficulty in exports or denial of precious export incentives.
GST refunds for exporters can now come in 3-4 days: CEPC’s Mahavir Pratap Sharma
CEPC chairman, Mahavir Pratap Sharma is of the view that it makes sense for the government to create an online e-wallet which has been in the works since some time.
More then one change per day made by Govt in GST: Export promotion council for SEZs
Exporters flagged concerns related to refunds, exemption of GST, classification of Goods and services and place of supply for service exports and GST Network at the meeting.
Government made 376 changes related to GST in 10 months: Export promotion council for SEZs
Exporters flagged concerns related to refunds, exemption of GST, classification of Goods and services and place of supply for service exports and GST Network at the meeting.
Is GST on right track? Challenges portend a long, laborious journey
Big businesses have started to avoid purchases from unregistered vendors, as it would have implied additional compliance and blocking working capital.
FIEO hails exemption of exporters from giving bank guarantee
Federation of Indian Export Organisations (FIEO) said micro and small exporters will benefit from this decision as they were struggling to get bank guarantee.
GST: Small exporters exempt from giving bank guarantee
Under the Goods and Services Tax (GST), an exporter can get exemption from payment of IGST if he submits bonds or Letter of Undertaking (LUTs).
Government seeks to clear way as exports trip on rules
The problem relates largely to processes for exporters to claim credit for input taxes paid, the documents they have to furnish for the same, and the use of input tax credit to pay integrated GST (IGST).
Load More
