News and Updates
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Export or Import: Now You Need Just 3 Mandatory Documents
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The RBI has agreed to do away with the ‘Foreign Exchange Control Form and Customs have also agreed to merge the ‘Commercial Invoice’ with the ‘Packing List’ Implementing the ‘Make in India’ campaign in letter and spirit, India has taken the inititaitve of improving ‘Ease of Doing Business’ by heavily […]
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RBI Revises Priority Sector Lending Rates
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A major change in policy is that the priority sector non-achievement will be assessed on quarterly average basis The Reserve Bank of India (RBI) has revised priority sector lending norms, that includes 7 pc lending for micro enterprises by 2016. An Internal Working Group (IWG) was set up in July […]
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Innovate for Digital India Challenge, An Opportunity For Start-Ups
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The challenge, running from April 2015 to January 2016, is worth Rs.1.5 cr Bringing together Intel’s tech expertise and government’s bold Digital Vision, there is a thrust on creating a local technology ecosystem with the announcement of “Innovate for Digital India Challenge.” A collaboration between Intel and government has IIM […]
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GOOD AND SERVICE TAX- ALL YOU NEED TO KNOW
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As the name suggests, the Goods and Services Tax (GST) will be levied both on goods (manufacturing) and services. GST will convert the country into unified market, replacing most indirect taxes with one tax. It would have a dual structure – a Central component levied and collected by the Centre and a state component administered by states. At […]