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INVOICE INCENTIVE
Trade disruptions, API dependence, compliance costs: Pharma MSMEs spell out policy priorities on World MSME DayIndian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringent regulations. Industry represent...
Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
GenXAI Analytics shares list at 20% discount to IPO price on NSE SME platformGenXAI Analytics shares listed on the NSE SME platform at a significant discount. The stock opened at Rs 92.8, below its IPO price of Rs 11...
Gurugram sessions court grants a 7-day remand to Punjab Minister Sanjeev AroraPunjab Minister Sanjeev Arora was remanded for seven days by a Gurugram court following his arrest by the Enforcement Directorate in a Rs 1...
GTRI flags slow progress in payment of sops under PLI schemesThe Rs 4,415 crore disbursement is only 2.25 per cent of the total outlay of Rs 1.97 lakh crore of incentives over five years under the PLI...
Samsung to finally get its FY21 incentives under PLI schemeThe Indian government has cleared over ₹500 crore claims for South Korean smartphone manufacturer Samsung for the first year of the smartph...
What is Mera Bill Mera Adhikaar? How lucky draw works, chance to win Rs 1 crore price structureMera Bill Mera Adhikaar: The initiative will apply to all business-to-consumer invoices provided to customers by GST-registered suppliers i...
Who wants to be a crorepati? Indian govt's incentive scheme to reward citizens if they collect the billsThe Indian government will launch the 'Mera Bill Mera Adhikar' invoice incentive scheme from September 1, aimed at encouraging customers to...
Samsung may lose PLI sops for first year on invoicing issuesThe Korean company has said it is in advanced talks with the government on payout; it stressed its commitment to India.
DGFT to soon notify norms for export sops on rupee receiptsIn July, the Reserve Bank of India (RBI) had asked banks to put in place additional arrangements for export and import transactions in Indi...
Dixon first mobile phone maker to get sop under PLIThe Noida-based company's proposal was the only one that came up before an empowered group, chaired by Niti Aayog chief executive Parameswa...
Dixon first mobile phone maker to get Sop under PLIThe company's claim for ₹53 crore for the first quarter of operations - from October to December 2021 - has been approved. It is in the pro...
Madhya Pradesh identifies 3.75 mt wheat for exportsIn a meeting held with top 20 wheat exporters of the country in Bhopal on Tuesday, chief minister Shivraj Singh Chauhan said the exporters ...
Fake ITC: Officials arrest 25, book 350 cases in nationwide crackdown“The actual amount of fake ITCs involved is being ascertained. Searches and investigations are on to identify and apprehend other people wh...
India lost USD 13 billion to trade misinvoicing: ReportApproximately USD 4 billion was due to export misinvoicing and approximately USD 9 billion due to import misinvoicing.
Retailers seek industry status, GST simplification in BudgetIn a pre-budget wish list, the Retailers Association of India (RAI) said invoices issued to BTC (bank transfer compliant) consumers must be...
Individuals to help out with GST returns at seva kendrasThe move to handhold small traders comes along with a series of steps to simplify the tax regime, which has faced severe criticism due to t...
- SC notice to RIL on excise dept's plea
SC soughts reply from RIL on a plea by tax authorities which alleged that the Mukesh Ambani-led company evaded excise duty on a sales promo...