Infosys founder N R Narayana Murthy believes the goods and services tax (GST) will simplify trade, boost the economy, and generate jobs. While the GST Network might encounter a few teething problems, that was part of any large implementation, he said in an interview. Q: Do you think implementatio…
Tag: Footwear
UP MSME Hub coming soon! Chinese firms willing to invest in state
The relevance of MSMEs in driving the growth of Indian economy is already well understood by Central Government, but now even State Governments are leaving no stone unturned to push the sector further. Chief Minister Yogi Adityanath-led Uttar Pradesh government is striving hard to boost micro, sm…
GST fixed on gold, diamond, footwear, others: All you need to know
The GST (Goods and Services Tax) Council on June 3 fixed the goods and services tax on commodities like gold, footwear, biscuits and textile. GST on most goods were finalised last month. The tax incidence on bidi too was fixed, however, the GST on cigarettes is likely to be decided in the next co…
15th GST Council meeting begins, rates of 6 items to be decided
A meeting of the 15th Goods and Services Tax (GST) Council has commenced at the Vigyan Bhavan here on Saturday. Finance Minister Arun Jaitley is presiding over the meeting of all state finance ministers. The meeting is expected to decide the rates of six items, including gold biscuits, footwear, …
GST Council meeting Day 2: Tax rates of services, gold, biscuits, footwear to be decided today
Srinagar: The Goods and Services Tax Council will on May 19 take up the crucial issue of taxation of services as also precious metals such as gold. The council will also decide on taxation of biscuits, footwear, packaged cereals such as basmati. The centre had proposed a rate of 4 per cent on hol…
Higher production costs impact manufacturing competitiveness
Mumbai: Rising production costs significantly impacted manufacturing competitiveness in the last few months, according to a survey. Industry body FICCIs latest quarterly survey on manufacturing suggests slight decline for the manufacturing sector outlook in the fourth quarter (January-March) of t…
NIESBUD joins hands with Anuna Education for e-Commerce entrepreneurship training of Indian clusters
New Delhi: National Institute of Entrepreneurship and Small Business Development (NIESBUD), an autonomous body under Ministry of Skill Development and Entrepreneurship, has signed a MoU with Anuna Education for implementing pan-India e-Commerce training for industrial/artisan clusters and village…