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2 mins read

GST return policy is still confusing India’s online marketplaces

While on one hand the marketplaces and sellers are relieved because of the increase in input t…

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1 min read

Govt sets 10 groups to examine sectoral GST issues by April 10

The sectors that would have their issues up for review include banking, finance and insurance, tele…

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1 min read

Flyers, you can now buy Rs 25,000 worth of duty-free goods at airports!

Earlier, they could buy goods worth Rs 5,000 only. He said that the duty free shops opera…

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1 min read

A great new technology has been introduced to cut down on the massive export delays at ports

If the new platform being developed gets completed, companies will get to know in advance when to m…

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2 mins read

Commerce Ministry will have a more focused approach to revive exports

The Commerce Ministry today brought good news for reviving SEZs as it announced its plans to focus …

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1 min read

Indirect Tax: Govt eases duty on imported goods for exhibition

As many as 74 drugs, including life saving ones used for treating cancer and HIV, will see sharp ri…

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1 min read

Ease of doing business: Financial institutions want NaMo govt to ease taxation norms

Moreover, the representatives also shared their concerns on issues like increasing retail participa…

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2 mins read

Domestic mobile phones and laptops manufacturers get tariff advantage once again, thanks to CBEC

The apex indirect taxes body, CBEC, has said that only those manufacturing goods in India can enjoy…

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3 mins read

Bitcoin miners in Iran get the green light to resume operations after a four month hiatus — but it could just be temporary

However, the future remains uncertain of these miners being able to stay online with the ons…

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4 mins read

Illegal mining for cryptocurrencies remains rampant as miners look to maximise profits with cheap electricity

Regular mining and mining for cryptocurrencies may not be the same thing, but they do have somethin…

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1 min read

Roll out GST anytime in FY18 if April 1 deadline is missed, say experts

SD Majumder, who retired as chairman of the Central Board of Excise and Customs (CBEC) in 2011, agr…

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2 mins read

What is Excise Duty and How it is calculated

Excise duty is levied on the goods that are manufactured within India as against the custom du…

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1 min read

Detailed manual scrutiny of service tax returns from August 1

As per a CBEC circular, the detailed return scrutiny would be conducted in respect of such asse…

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2 mins read

Whatever happened to free speech! Arun Jaitley is silencing disagreements in his ministry

In this backdrop, the finance ministry is silencing dissent in his own ministry. "Instructions have…

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2 mins read

Paying Taxes To Become Simpler?

“Since indirect taxes are transaction-based taxes, such an environment is not conducive for economi…

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1 min read

Niti Ayog’s Amitabh Kant confident GST will help India achieve 9% growth rate

GST, which is India’s biggest tax reform since Independence, is scheduled to be rolled out from…

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1 min read

GST Council to meet tomorrow to discuss rules, exemptions

“Tomorrow’s meeting is likely to finalise on the rules on GST. Also, a presentation will be made by…

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1 min read

Vijay Mallya's personal Airbus jet to be auctioned to recover government’s dues

Apparently, the government is all set to auction off Vijay Mallya's assets, which include his perso…

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3 mins read

India: No country for unsafe food

Food safety has suddenly sparked much furore among the government, media and consumers. Thanks to M…