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CBIC issues guidelines for scrutiny of GST returns for FY18, FY19

New Delhi, Mar 23 (PTI) The Central Board of Indirect Taxes & Customs (CBIC) has issued a standard operating procedure for the scrutiny of GST returns for financial years 2017-18 and 2018-19, the first two years of the roll-out of the new taxation regime. "Till the time a module for online scrutiny of returns is [...]

Commerce ministry to extend foreign trade policy for some more months

New Delhi, Mar 23 (PTI) The commerce ministry will extend the existing foreign trade policy (FTP) for some more months beyond March 31, Union minister Piyush Goyal said on Wednesday. Last year in September, the government extended the Foreign Trade Policy 2015-20 till March 31, 2022, due to the COVID-19 pandemic. The present policy came [...]

Rishi Sunak sets out UK’s Spring Budget amid high inflation

London, Mar 23 (PTI) Chancellor of the Exchequer Rishi Sunak tabled the UK’s Spring Statement, or the country’s one of two annual fiscal statements, on Wednesday amid high inflation and price rises and announced measures such as a drop in the basic rate of income tax, a cut in fuel duty and doubling support for [...]

LS members voice concern on raids on industrialists

New Delhi, Mar 23 (PTI) NCP leader Supriya Sule on Wednesday slammed the government over the raids by investigating agencies on industrialists and claimed that several restrain themselves from speaking openly about issues bothering them."Industry has to be supported, but actually they do live in fear. Everyday you read about somebody getting raided," she said, [...]

Singhi Advisors taps talents from Tata Capital, TechM, KPMG for leadership roles

Mumbai, Mar 23 (PTI) Investment banking firm Singhi Advisors has hired senior executives from Tata Capital, Tech Mahindra and KPMG for various leadership positions to strengthen its teams at Delhi and Mumbai offices. While Himanshu Parmar has been roped in from Tata Capital's private equity division as a director in the Mumbai head office, Satyaroop [...]

Virat Kohli invests in startup Rage Coffee

New Delhi, Mar 23 (PTI) Packaged coffee products maker Rage Coffee on Wednesday said it has secured funding from former Indian cricket team captain Virat Kohli, who has also been roped in as its brand ambassador. The city-based startup, however, did not disclose the amount of investment made by Kohli.The company said it plans to [...]
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