Business

November 29, 2017 1:40 PM

Govt asks exporters to file Table 6A & GSTR 3B for processing of IGST refund

The Ministry of Finance has asked exporters to file Table 6A and GSTR 3B for processing of IGST refund and for refund of the unutilized input tax credit. It said, errors by exporters while filing their returns are the sole reason for delay in refunds or rejection thereof. The Ministry said, Governme...

November 29, 2017 12:51 PM

Sensex rises 53 points to 33,671 level, Nifty at 10,383

The benchmark BSE Sensex rose 53 points to 33,671 in the late morning session on Wednesday. NSE Nifty was also up over 13 points at 10,383.The rupee depreciated 10 paise to 64.51 against the US dollar in early trade on Wednesday at the interbank foreign exchange due to appreciation of the American c...

November 29, 2017 9:16 AM

FSSAI issues detailed guidelines on recall of food products<br/>

The Food Safety and Standards Authority of India (FSSAI) has asked companies to put in place a proper plan to recall food products from markets, if found unsafe. Food safety regulator yesterday issued detailed guidelines on recall of food products and said that the purpose is to help food business o...

November 29, 2017 9:14 AM

Govt open to review CRZ guidelines to promote tourism: Addl Secy MoEF

The Government is open to reviewing the Coastal Regulation Zone, CRZ guidelines to promote tourism. Additional Secretary in the Ministry of Environment, Forests and Climate Change, Arun Kumar Mehta at a programme in New Delhi on Tuesday said that they are also considering allowing sustainable and re...

November 25, 2017 2:07 PM

GST may have fewer slabs in future, says Chief Economic Adviser

Chief Economic Adviser, CEA, Arvind Subramanian has said going forward the Goods and Services Tax, GST, may have fewer rates by &quot;collapsing&quot; 12 per cent and 18 per cent tax slabs into one. Delivering a lecture at the ICFAI Institute of Higher Learning in Hyderabad yesterday, he sai...

November 25, 2017 5:24 AM

GST may have fewer slabs in future, says Chief Economic Adviser

Chief Economic Adviser, CEA, Arvind Subramanian has said going forward the Goods and Services Tax, GST, may have fewer rates by &quot;collapsing&quot; 12 per cent and 18 per cent tax slabs into one. Delivering a lecture at the ICFAI Institute of Higher Learning in Hyderabad yesterday, he sai...

November 24, 2017 11:04 PM

Govt fixes Sovereign Gold Bond rate at Rs 2,961/gram

The government has fixed the issue price of Sovereign Gold Bond (SGB) at 2,961 rupees per gram for the next subscription period under Sovereign Gold Bond Scheme 2017 -18. The next subscription period is 27th to 29th of this month. Finance Ministry in a statement said, the government had floated Seri...

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