Karnataka's IT/BT department has reopened applications for its Elevate startup support program, offering grants up to Rs 50 lakh. This year...

The Supreme Court will review if GST applies to companies paying municipal bodies for road restoration after utility work. This follows a G...

Private hospitals in India are feeling the pinch as government health schemes yield diminishing returns. This downturn provokes a critical ...

Carrier Global will invest ₹863 crore to build a state-of-the-art chiller and cooling systems manufacturing facility at Sri City near Tirup...

RIL is set to invest ₹1.6 lakh cr (over $17 bn) to develop a 1.5 GW AI-focused data centre cluster along with a captive solar and battery s...

States are showing reluctance to reimburse their portion of the Central Goods and Services Tax (CGST) and Integrated Goods and Services Tax...

A more efficient way is to bring all indirect taxes under GST. It will enable exporters who have paid embedded taxes in the value chain end...

As per the details of the case, ICU Medical Inc had provided credit cards to employees of its India subsidiary for incurring business-relat...

Himanta Biswa Sarma, Assam's finance minister, said that the state will develop rules and guidelines on refunds to industrial units under t...

The number of product-wise exceptions has been pruned under the new indirect tax framework, but area-based incentives will be exempt.

Currently, the Centre exempts 11 states mostly in NE and hilly regions from excise duty as also many states give the same as incentive for ...

The commerce department has initiated discussion with the finance ministry on the fate of the various input duty remission schemes for expo...

The popular tax incentive to exporters, duty reimbursement on imported inputs going into exports, is likely to be extended beyond the end o...

The longstanding demand of exporters for an exemption from payment of all input taxes may finally be met once the new GST regime is impleme...

The Centre plans to devise an alternative scheme to reimburse input taxes paid by exporters in discussion with states.

The government is still unclear on handling exporters’ long-standing demand of getting a reimbursement of state-level taxes—levies which ac...

In a last minute decision, the government, on Monday, extended the duty entitlement pass book scheme - the popular import duty reimbursemen...