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SERVICE EXPORTERS
GST Council bets on faster refunds, lower penalties to ease business burdenThe 57th GST Council meeting has introduced measures to simplify compliance and expedite refunds for businesses. Recommendations include in...
US green-card freeze hits TCS, Infosys, Wipro; GTRI warns of wider IT curbsThe US government has suspended eight technology companies, including TCS, Infosys, Wipro and HCLTech, from the PERM green-card sponsorship...
WTO ups goods trade forecast on AI boom amid Middle East disruptionsWorld merchandise trade volume growth was stronger than expected and is now projected to reach 3.9% in 2026, up from 1.9% in the WTO's base...
GST Council eases tax rules for IT exports via foreign branchesThe move addresses a major demand from the IT and IT-enabled services sectors, providing significant relief to companies that support globa...
GST reforms: 38,700 exporters to get faster refunds, wider access to input tax creditsNearly 38,700 export taxpayers will become eligible for cash refunds on input taxes paid on services and plant and machinery under GST refo...
Exports to hit $1 trillion this fiscal: Piyush GoyalGoyal said that the nine free trade agreements finalised by India in recent years provide huge business opportunities for exporters. He urg...
No rate cuts, but big GST relief: 8 reforms on refunds, ITC, registration and enforcement | ExplainedThe GST Council has approved a sweeping process overhaul, easing registration, speeding up refunds, widening input tax credit and reducing ...
GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
Taiwan says exports hit record in September on AI demandThe island is a powerhouse in the semiconductor sector, producing more than 90 percent of the world's most advanced chips used to train and...
GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...
GST Council meet starts with focus on ease of doing business, ITC overhaul and decriminalisation on agendaThe 57th GST Council meeting is set to consider major GST 2.0 reforms, including wider input tax credit eligibility, protection for genuine...
RBI moves to quell forex reporting confusion, says individuals need not report imports, export earningsThe RBI on Wednesday clarified that individuals are not required to report imports or export earnings under the new foreign exchange regula...
Payoneer India Cross-Border Excellence Awards 2026 closes with a blueprint for India’s next export leapIndia’s exports hit a record $863.1 billion in FY26, yet the businesses driving that growth rarely share the spotlight. On September 25 in ...
Individuals exempt from reporting under new FEMA trade rules, RBI saysIndividuals undertaking personal transactions will not have to comply with new foreign exchange trade regulations imposed. The Reserve Bank...
RBI GDP Growth 2026: Malhotra & Co raise FY27 GDP forecast to 7.1% from 6.7%RBI GDP Growth 2026: The Reserve Bank of India has updated its growth forecast for fiscal year 2026-27 to 7.1%. This adjustment comes after...
Services activity hits 3-month high in September on demand surgeThe HSBC India Services Business Activity Index rose to 55.2 in September from 54.1 in August, although it remained below the 60.9 recorded...
GST Council likely to align export definition with forex earnings, clarify on overseas branch servicesThe GST Council is expected to review a proposal to redefine the definition of export for services. This proposal aims to remove ambiguitie...
India, Canada begin fifth round of CEPA talks on October 5India and Canada are set to hold the fifth round of negotiations for the Comprehensive Economic Partnership Agreement in October. These dis...
Tata Sons' Chandrasekaran lists 3 priorities to keep India’s growth engine hummingTata Sons Chairman N Chandrasekaran said India’s economy remains robust and resilient despite global uncertainty, with strong domestic dema...
RoDTEP extension to help sustain exports in challenging global trade environment: CII's BudhiaThe government has extended the RoDTEP scheme until December 31 to support exporters effectively. This scheme offers refunds on various tax...