Empowering MSMEs with News & Insights

Economy

Negotiable Instruments (Amendment), Act, 2018 gets Presidents assent; Courts can order 20% interim relief in cheque bounce cases

Negotiable Instruments (Amendment), Act, 2018 gets Presidents…

New Delhi, Aug 15 (KNN) The Negotiable Instruments (Amendment), Act, 2018 has got assent from President Ram Nath Kovind after which under the cheque bouncing cases the Courts…

Rupee touches record low of 70.07 per dollar

Rupee touches record low of 70.07 per…

New Delhi, Aug 14 (KNN) The Indian rupee has today hit a record low of 70.07 a dollar.  Rupee has ended at an all-time closing low the day before. …

Government to initiate anti-profiteering measures against traders for not passing the GST rate cuts benefits to consumers

Government to initiate anti-profiteering measures against traders…

New Delhi, Aug 13 (KNN) The central government has decided to initiate anti-profiteering measures against the traders who are not passing the benefits of…

IMF advises India to simplify GST structure

IMF advises India to simplify GST structure

New Delhi, Aug 9 (KNN) The International Monetary Fund or IMF has advised India to simplify the GST structure as multiple rate structure and other…

India doubles import duty on more than 300 textile products to protect domestic industries

India doubles import duty on more than…

New Delhi, Aug 8 (KNN) In a bid to protect domestic textile sector from cheaper imports, government of India has announced the 20% import duty on more than…

Manish Sisodia proposes GST scheme for MSMEs with turnover of up to Rs 5 crore

Manish Sisodia proposes GST scheme for MSMEs…

New Delhi, Aug 6 (KNN) Delhi Finance Minister Manish Sisodia proposed a scheme for the MSMEs with turnover of up to Rs 5 crore per annum, in which a certain…

India’s Services PMI rose to 54.2 in July; shows 2nd straight month of growth and fastest since October 2016

India’s Services PMI rose to 54.2 in…

New Delhi, Aug 3 (KNN) The Nikkei India Services PMI rose to 54.2 in July, 2018 from 52.6 in the previous month. It was the second straight month of growth…

GST council might merge two GST rates into single slab: Sushil Modi

GST council might merge two GST rates…

New Delhi, Aug 3 (KNN) The GST Council might consider merging the rates of 12 per cent and 18 per cent into a single slab of 14-15 per cent, depending on…

CBIC withdraws circular clarifying 5% GST on catering services by Educational Mess and Railways

CBIC withdraws circular clarifying 5% GST on…

New Delhi, Aug 2 (KNN) The circular levying 5 per cent Goods and Services Tax (GST) on the catering services provided by the Mess or canteen in educational…

RBI hikes repo rate by 26 bps to 6.50%

RBI hikes repo rate by 26 bps…

Mumbai, Aug 1 (KNN) The Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC), headed by governor Urjit Patel, today hiked the policy…

SUBSCRIBE TO OUR MAILING LIST

Get the latest updates from KNN

Your e-mail will be secure with us. We will not share your information with anyone !