Tag: CBIC

Higher steel tariffs to dent exports as companies look at other markets

Business
Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for alternative markets.Several US importers have...

Govt favours wealth creation; profit not a bad word, says FM Nirmala Sitharaman

Economy
NEW DELHI: Finance minister Nirmala Sitharaman Saturday said the Modi government promotes wealth creation and encou-rages entrepreneurs to earn profits through ethical practices without inhibitions. This is in stark contrast to the stance adopted by...

GST relief for foreign airlines, academic institutions

Economy
New Delhi: Foreign airlines operating in India will not be liable to goods and services tax (GST) on services provided by the head...

GST bodies get power to waive off certain penalties

Economy
New Delhi: The government has notified changes to goods and services tax (GST) laws, empowering GST authorities to waive off certain interest and...

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