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BONDED WAREHOUSES COMPLIANCE
Bonded warehouses may face 24-hour discrepancy reporting, five-year digital records under proposed customs overhaulThe government is considering tighter compliance rules for bonded warehouses, including a 24-hour deadline to electronically report shortag...- 7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim disputeA consumer commission ordered an insurer to pay over eight crore rupees to Victorinox India. The company's fire insurance claim was unfairl...
- Lok Sabha passes Taxation and Other Laws (Amendment) Bill to boost foreign investment, electronics manufacturingThe Lok Sabha passed a bill to attract foreign investment and promote domestic manufacturing. This legislation aims to provide greater tax ...
- Govt unveils tax overhaul to woo global investors, boost manufacturingA new bill aims to attract foreign investment and support key industries. It eases rules for offshore funds and global fund managers operat...
- You don't need to be an accountant. You just need to ask three questionsA loss can exist long before the accounts admit it, because management decides when to admit it. This story shows how that delay works, the...
- India seeks to quash Adani airport's nicotine pouch court challenge citing illegality, health riskIndia's government argues Adani Group's airport sale of nicotine pouches violates drug laws. The government asserts these sales pose a seri...
- NDR InvIT to raise Rs 726.8 crore in preferential issue, accelerating drive to build India’s largest warehousing platformNDR InvIT is raising Rs 726.8 crore via preferential issue to fuel its expansion, following a recent Rs 410 crore bond issuance. This capit...
- Safe harbour move to help India outcompete peers in component warehousing, supply chain: OfficialsThe budget proposed a revamped safe harbour regime for component warehousing linked to manufacturing, fixing taxable margins at 2% which wo...
- Union Budget 2026 key features: Reforms, manufacturing & fiscal discipline take centre stageUnion Budget 2026 Key Features: India's Fiscal Budget 2026-27 focuses on growth and manufacturing. Key initiatives include chip production ...
- Importers race to turn US warehouses into tariff-free zonesAmerican companies importing from China are quickly converting warehouses. They aim to avoid President Trump's tariffs. Bonded warehouses a...
- Union Budget: What lies ahead in Budget 2024 for indirect taxes?Budget Expectations: The upcoming Union Budget by NDA 3.0 is highly anticipated for its economic and social welfare policies to rejuvenate ...
- Key amendments to the Finance Bill and their material impactLok Sabha on Friday passed the Finance Bill 2023 giving effect to tax proposals. The Finance Bill was passed with several official amendmen...
- How to ready the documents needed for export shipmentThere is a host of paperwork needed to ship goods overseas. Becoming adept at organising the varied set of documents during the export proc...
- MOOWR– A new warehouse scheme can play a key part in India’s tradeThe revised scheme has caught the attention of many corporates in India and some large multinational companies are considering this option ...
- Govt eases courier import norms for Covid vaccinesThe CBIC has amended the Courier Imports and Exports (Electronic Declaration and Processing) regulations allowing for import of vaccine whi...
- Assam allows opening of wine shops from MondayOn Saturday Meghalaya government announced that it has allowed wine shops and bonded warehouses in the State to sell liquor for seven hours...
- Lockdown: Meghalaya allows opening of wine shops from MondayThe state government has approved opening of wine shops and bonded warehouse from 9 am till 4 pm subject to strict compliance of social dis...
- GST Council unveils draft of changes proposed to GST lawThis may bring cheer from labourers, nurses, security guards and working women and would align the GST law with the labour laws and other e...
- GST turns one: From challenges which rocked boardrooms, government initiatives to possible solutionsGST got a thumbs up from nearly all sectors of the economy, barring few exceptions, and helped India reach a pedestal on the world stage fo...
- Neelkanth Mishra’s Budget: Give more funds to rural housing, set roadmap to reduce GST ratesNearly 60 per cent of all construction jobs in India are in building rural houses. And 55-60 per cent of the cost of construction in a rura...
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