The recent release of the draft model GST law is possibly the most ambitious and far-reaching reform of the Indian indirect tax structure for goods and services in decades. This is a move as eagerly awaited as it is overdue, given the issues that have plagued the tax system for a long time, inclu…
Tag: SEZs
Tech platform for SMEs to create 80 lakh jobs in UP: Assocham
Underscoring the need for creating a technology platform for growth and development of small and medium enterprises (SMEs) and startups, an Assocham pre-election agenda said that such an exercise can create 80 lakh new jobs in Uttar Pradesh over the next five years. “UP has recorded impress…
SEZs must register with council to avail duty drawbacks, exemptions
The government has made it mandatory for all special economic zones to obtain certificates from the Export Promotion Council for SEZs and EOUs if they want rebates like duty drawbacks “The unit or the developer including co-developer shall obtain a registration-cum-membership certificate for avai…
Xavient looks forward to job creation via Budget-2016
Global IT consulting and Software Services Company Xavient has demanded tax sops to companies in 2016 budget for encouraging employment. “All eyes are on the Budget 2016-17 this February. One of the very obvious expectation that is taking the rounds is initiated by Prime Minister’s idea of creati…