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REFUND MECHANISM FOR APIS
Over Rs 15k cr disbursed to exporters till December 25 this fiscal under duty refund scheme RoDTEPIn a significant move for exporters, India's government has rolled out more than Rs 15,700 crore through the RoDTEP initiative this year, b...- Budget 2026: 3 big changes India needs to solve the customs mazeUnion Budget 2026: India's customs framework needs a comprehensive overhaul to navigate global trade shifts and protectionism. Budget 2026 ...
- Demand for extension of due date of tax audit report and ITR filing is getting wider with many tax bodies writing to finance minister and PMOThe Karnataka State Chartered Accountants Association (KSCAA) has appealed to the PMO, highlighting critical issues with the Income Tax e-f...
- Pharma companies cheer lower drug prices, API tax gap stirs worryGoods and Services Tax reforms are expected to reduce medicine prices in India. Experts say this will benefit patients and businesses. Howe...
- Make UPI transactions faster soon: Thanks to this move by NPCI these transactions to be processed 50% fasterStarting June 16, 2025, UPI transactions are set to become faster, with completion times reduced to as low as 15 seconds. NPCI's mandate ai...
- Swift transfer of unclaimed shares, dividends & debentures in worksThe Ministry of Corporate Affairs plans to launch an integrated portal by July-August for easier access to unclaimed dividends and shares. ...
- Top crypto to buy now: March’s most promising cryptos you need to know aboutThe crypto market in March 2025 offers promising investment opportunities including Dawgz AI, Bitcoin, Ethereum, Solana, XRP, and Binance C...
- Government continuously working to improve ease of doing business in pharma sector: Minister"Under the leadership of Prime Minister Narendra Modi, the government continues to strive to improve the ease of doing business in the coun...
- Paytm introduces Payout Links for businesses, enables money transfer sans collecting bank detailsThe facility helps businesses adopt an automated payment mechanism, and has grown to process payments upwards of Rs 1,660 crore per month.
- View: How to ensure Indian exports survive the churning and pick up steamAs the world battles Covid-19, we must take care to sustain our export markets and ensure that lockdown does not translate into loss of out...
- Budget 2014: Pharma industry's expectationsA holistic approach is needed to expand healthcare in India and OPPI believes that there is a need to balance innovation with access and af...
- Budget 2013: Cut excise duty on inputs to 6%, says OPPIThe OPPI has pitched in for the rationalisation of central excise duty rate of inputs (Active Pharmaceutical Ingredients or API) from 12% t...
- Budget 2011: OPPI demands rationalisation of excise duty rates of APIThe higher rate of duty paid on inputs has led to accumulation of Cenvat Credit in the books as the complete amount of duty paid on inputs ...
- Budget 2011: ASSOCHAM recommends rationalization of excise duty rate of APILevy of excise duty @10% (plus 3% cess) on the inputs (active pharmaceutical ingredients or API) whereas the output is taxed @4% (plus 3% c...
- How Budget can help pharma sectorThe Indian pharmaceutical and healthcare industry has witnessed steady growth over past years and is also expected to perform well in the f...
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