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TAX INDUSTRY FEEDBACK
GSTN puts proposed e-way bill changes on hold after industry feedbackGST Network has postponed two e-way bill system enhancements. These changes were scheduled for implementation starting August 1. Industry f...- PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?India is phasing out the Wholesale Price Index for a new Producer Price Index. This shift aims to capture prices closer to the factory gate...
- India-UK FTA unlikely to hurt domestic consumer brands, industry saysDomestic companies expect the India-UK trade pact to spur innovation and not create serious competition. The agreement reduces tariffs on m...
- Biz positive on GST after 9 years; simpler compliance, lesser disputes key focus areas ahead: SurveyThe KPMG in India-FICCI GST Survey said GST has matured considerably through greater digitisation and transparency, creating a more unified...
- India to roll out new high-frequency economy barometer on July 14India will launch a new services production index next week to track activity in the country's dominant services economy. It aims to provid...
- From being a trust to gaining trust: AIFs call for switch to LLP modelIndia's private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The indust...
- PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
- From being a trust to gaining trust: AIFs call for switch to LLP modelThe fund industry is making a strong pitch for smooth conversion of AIF trusts into limited liability partnerships (LLPs) — an entity that ...
- India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
- FM radio: Tuned out of news, tuned into crisis, seeks reformsIndia's FM radio industry faces a crisis, with companies surrendering licenses due to government restrictions and competition from digital ...
- India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
- Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
- New producer price index set to replace WPI over next five yearsIndia is set to introduce a new Producer Price Index, covering output, input, and services. This move aims to provide a more accurate pictu...
- More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...
- Panel to give feedback on new GST systemThe Goods and Services Tax Network (GSTN) has set up a consultation committee to provide feedback on new functionalities in the GST system.
- New GST return may not be mandatory till pollsGovernment officials also reckon that with elections just a few months away, political parties are being used by traders to seek relaxation...
- Stakeholders' feedback helps improve biz climate: DIPP SecretaryAs per the World Bank's doing business report 2018, India's rank improved to 100th from 130th last year out of 190 countries.
- Ease of doing business: Centre lists 405 reforms for ranking statesThe reforms have been classified into 11 broad areas including labour regulation, contract enforcement, registering property, inspection en...
- DIPP, World Bank release reforms list for statesStates will have to implement these reforms by October 31, 2017. Government will then gather feedback from users to assess the action taken...
- CBEC sure of meeting indirect tax collection target of over Rs 4 lakh croreThe government today said it is confident of achieving indirect tax collection target of over Rs 4 lakh crore for the current fiscal
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