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New e-Invoice Rules under GST from 1st June 2025

New e-Invoice Rules under GST from 1st June 2025

The GST Network (GSTN) has issued an advisory regarding a crucial change in the e-Invoicing system related to…

Fiscal Deficit for FY24 Surpasses Estimates at 5.6%; Substantial Reduction in Subsidies

Fiscal Deficit for FY24 Surpasses Estimates at 5.6%; Substantial Reduction in Subsidies

Fiscal deficit in April constitutes 12.5% of the FY25 goal; RBI’s significant dividend offers fiscal flexibility. India’s fiscal…

RAJASTHAN INDUSTRIES AND SME SUMMIT – JAIPUR

RAJASTHAN INDUSTRIES AND SME SUMMIT – JAIPUR

Shri. Haribhau Kisanrao Bagde – Hon’ble Governor of Rajasthan inaugurating the Rajasthan Industries and SME Summit organised by…

China to reimpose specialty fertilizer export curbs from October, India braces for price surge: SFIA:

China to reimpose specialty fertilizer export curbs from October, India braces for price surge: SFIA:

India’s specialty fertilizer sector anticipates new supply issues. China plans to reinstate export restrictions starting in October. This…

Net direct tax collection rises 22.5% to Rs 6.93 trillion till August 11

Net direct tax collection rises 22.5% to Rs 6.93 trillion till August 11

India’s net direct tax collection, with refunds adjusted, grew 22.5% to Rs 6.93 trillion between April 1 and…

Germany’s great slowdown:

Germany’s great slowdown:

This economic downturn has significant geopolitical implications for the world’s third-largest economy. Domestically, it has already resulted in…

Recent Posts

Bombay High Court quashes ₹2,237 crores GST demand against Larsen & Toubro

Bombay High Court quashes ₹2,237 crores GST demand against Larsen & Toubro

BySMEConnect-DeskAug 26, 20243 min read

Subsequently, the company received the High Court’s order on August 19, granting approval to the Writ Petition filed by the company and nullifying the show cause notice issued by the GST authorities, according to the filing. Larsen & Toubro announced on Tuesday that the Bombay High Court has nullified a GST demand of ₹2,237 crores imposed on […]

Shaktikanta Das is our A+ Governor and he reigns supreme internationally for many reasons

Shaktikanta Das is our A+ Governor and he reigns supreme internationally for many reasons

BySMEConnect-DeskAug 26, 20244 min read

Reserve Bank of India Governor, Shaktikanta Das received an ‘A+’ rating from Global Finance magazine, ranking the top central banker globally for the second year. The recognition acknowledges his adept…

Gujarat Government Sanctions Rs.381 crores for Corridor

Gujarat Government Sanctions Rs.381 crores for Corridor

BySMEConnect-DeskAug 26, 20242 min read

The Gujarat Government has sanctioned Rs.381 crores for the development of a high-speed corridor between Vadodara and the Statue of Unity. This new infrastructure project aims to enhance connectivity and…

Local manufacturing can offer Rs.25,000 crores annual opportunity to construction equipment vendors by FY- 2030

Local manufacturing can offer Rs.25,000 crores annual opportunity to construction equipment vendors by FY- 2030

BySMEConnect-DeskAug 26, 20244 min read

The Indian mining and construction equipment (MCE) industry imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others. Rising…

RBI’s New Rule on how to Recover Money sent to Wrong UPI Address

RBI’s New Rule on how to Recover Money sent to Wrong UPI Address

BySMEConnect-DeskAug 26, 20242 min read

According to the RBI’s new guidelines, if you transfer money to the wrong UPI address, you can expect to get your money back within 24 to 48 hours. Here are…