india: India getting picky with FTAs

Synopsis Prime Minister Narendra Modi’s vision for a ‘New India’ encompasses reforms born out of conviction such as doing away with archaic laws and decriminalising minor offences among other steps to enhance ease of doing business, implementing an infrastructure masterplan to reduce cost of doing business, and maximising governance while minimising government. Moreover, the clarion … Read more

india inc: Prime Minister Modi asks India Inc to step up investment

Prime Minister Narendra Modi on Tuesday urged India Inc to increase investment and take advantage of the opportunities unveiled in the Budget 2023-24. Addressing the 10th webinar on Budget, Modi said the government has increased outlay on capital expenditure to Rs 10 lakh crore, the highest ever. In this backdrop, he said, “I would also … Read more

tax: Uttarakhand GST dept busts syndicate that legitimised illegal timber sale with fake bills, evaded tax worth crores

Using digital tracking and electronic surveillance, Uttarakhand tax authorities have busted a group of traders who would float fake firms to give a legal cover to their illegal trade of timber and its products and evade GST worth crores of rupees, officials said on Sunday. The Uttarakhand GST department launched an expansive search and seizure … Read more