No extension for sale of pre-GST stock with revised MRP stickers: Ram Vilas Paswan

No extension for sale of pre-GST stock with revised MRP stickers: Ram Vilas Paswan The government will not further extend the deadline for selling pre-GST stock with revised maximum retail price (MRP) stickers beyond this month, Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan has said. When the goods and service tax […]

Continue Reading

FMCG suppliers move court as sops go missing in tax exempted zones

FMCG suppliers move court as sops go missing in tax exempted zones Suppliers to major FMCG companies that were given tax exemptions for investing in industrially marginal areas of Uttarakhand, J&K, Himachal Pradesh and the North East have dragged the government to court over the apparent lack of such concessions in the Goods and Services […]

Continue Reading

Sebi raises currency derivative trade limit to Rs 100 mn

Sebi raises currency derivative trade limit to Rs 100 mn The move will help entities engaged in forex transactions to maintain their currency risks in a better manner. Capital markets regulator Sebi today raised the exposure limit under exchange-traded currency derivatives trading for residents and FPIs to USD 100 million across all currency pairs involving […]

Continue Reading

Revise your Feb 12 guidelines on stressed loans: Power producers to RBI

Revise your Feb 12 guidelines on stressed loans: Power producers to RBI New set of guidelines ignore practical issues in segment, they plead, lessening banks’ incentive to help those in genuine difficulty; want debt restructuring to continue Power producers have asked the Reserve Bank of India (RBI) to revise its February 12 guidelines on doing […]

Continue Reading

CBEC camps from Mar 15 to fast track GST refunds to exporters

CBEC camps from Mar 15 to fast track GST refunds to exporters Sarna said there are instances of exporters committing errors while filing refund claims and to help them, the department has started giving out refunds partially with manual intervention To ease exporters’ GST refund woes, revenue authorities will set up camps across the country […]

Continue Reading