The Union Budget 2025-26, announced by Finance Minister, Nirmala Sitharaman on February 1, 2025, introduced a host of measures aimed at supporting India Inc., with an emphasis on tax reforms, export promotion and ease of doing business being paramount. A revision in MSME classification, steps to boost India’s share in global trade and improving the […]
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The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 02/2025-GST, clarifying the procedure for handling Departmental appeals related solely to interest and penalties under Section 128A of the Central Goods and Services Tax (CGST) Act, 2017. Kind attention is invited to the Section 128A of the Central Goods and Service Tax […]
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For Indian manufacturers, tie-ups with Chinese firms are crucial at this stage to develop a resilient world-class supply chain before striking out on their own, S Krishnan has said. India must substantially increase electronics exports to remain competitive in the global value chain, as domestic production alone won’t be enough, S Krishnan, secretary of the […]
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