Industry welcomes new GST rates

Industry welcomes new GST rates

New Delhi: The ‘GST’ which has been proved to be useful for restructuring the way our country pays its taxes will be introduced at four levels. 50% of taxable essential commodities are to be kept out of the ‘GST’ tax bracket. While this is the biggest and most important phase in implementing the GST Bill, […]

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Loksabha approves GST Bill

Loksabha approves GST Bill

New Delhi – Lower House of the Indian Parliament, Lok Sabha cleared ‘Goods & Service Tax‘ bill (GST) after the Upper House Rajya Sabha, earlier gave a positive nod for it. Prime Minister Narendra Modi expressed confidence that GST would put an end to the tax terrorism and make consumer ‘The King’. PM Modi thanked […]

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USIBC welcomes India’s FDI reforms

USIBC welcomes India’s FDI reforms

USIBC (US-India Business Council) welcomed India’s decision to further increase FDI(Foreign Direct Investment) limits as a boost to US-India bilateral trade. The FDI reform measures were decided at a high level meeting chaired by Prime Minister Modi on Monday. The reforms will allow up to 100 percent inflows in civil aviation, defense, food processing and […]

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