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Economy

Govt offers benefit of lower rate of Income Tax on digital turnover for MSMEs

Govt offers benefit of lower rate of…

New Delhi, Dec 21 (KNN) After the issues raised by MSMEs due to cash crunch, government took several measured for promoting digital payments amongst the…

Govt puts a limit of Rs 5000 on last minute deposit of old currencies of Rs 500 & Rs 1000

Govt puts a limit of Rs 5000…

New Delhi, Dec 19 (KNN) Tightening the norms to check black money in the country, RBI has put a cap of Rs 5000 for deposits of old currency notes of Rs…

WB Tax Dept extends date for creating ID & Pswd, uploading required info on GSTN portal

WB Tax Dept extends date for creating…

Kolkata, Dec 19 (KNN) The Directorate of Commercial Taxes, West Bengal, has informed the MSMEs that the Goods & Services Tax Network (GSTN) has extended…

Withdrawal limit should be increased to Rs 5 lk/ week for MSMEs: TIE

Withdrawal limit should be increased to Rs…

Bengaluru, Dec 17 (KNN) With the businesses being hit due to cash crisis even after more than a month the demonetization announcement was made, the MSMEs…

SC refuses to intervene for now in government's demonetisation policy

SC refuses to intervene for now in…

New Delhi, Dec 16 (KNN) The Supreme Court today has put a stay on all the cases filed in high courts of the country for now challenging the demonetization…

Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 notified; enforced with immediate effect

Insolvency and Bankruptcy Board of India (Liquidation…

New Delhi, Dec 16 (KNN) The Insolvency and Bankruptcy Board of India today notified the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations,…

MSMEs will get relief in the Budget; their concerns would be looked into: Meghwal

MSMEs will get relief in the Budget;…

New Delhi, Dec 15 (KNN) The micro, small and medium enterprises (MSMEs) will get relief in the upcoming Budget, assured Minister of State for Finance Arjun…

Don’t reopen past assessments of excise, service tax if turnover jumps due to digital mode: Revenue Dept to Officials

Don’t reopen past assessments of excise, service…

New Delhi, Dec 15 (KNN) In line with the Income Tax Department, the Revenue Department has asked its officials not to reopen the past assessments of excise…

All efforts being made to meet April 1 deadline for GST roll out: Govt

All efforts being made to meet April…

New Delhi, Dec 15 (KNN) Despite concerns being raised by different states over missing the GST rollout deadline of April 1, the government, in the GST Report…

Exemptions for use of old Rs 500 notes will end on December 15 midnight: Shaktikanta Das

Exemptions for use of old Rs 500…

New Delhi, Dec 14 (KNN) Tomorrow is the last day for using the old Rs 500 notes for paying utility bills or buying medicines as government decided not to…

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