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Government to launch Green Steel Mission with policy and incentives

This initiative comes as global pressure mounts on countries to reduce their carbon footprint in manufacturing. Read more

Eicher incentivise purchase of new vehicles under Vehicle Scrappage Policy

The program supports the national endeavor to phase out old, unsafe and polluting vehicles.Read more

Vivad Se Vishwas, 2024: Resolving tax disputes

VSVS 2024 has been launched for settling the disputed tax, interest, penalty and prosecution pending as on 22 July 2024 under the Income-tax laws after payment of certain normative amount determined under the VSVS 2024. Read more

Indian economy estimated to grow 7-7.2% in FY25: Deloitte

The Indian economy grew at 8.2% in the 2023-24 fiscal year.Read more

Reconciliations under the GST

Reconciliation under the GST is a critical activity that ensures the accuracy of the tax amounts credited or debited in the accounts of businesses.Read more

Poly Medicure calls for import substitution in upcoming Budget; Himanshu Baid

Currently around 70% of medical devices and equipment worth nearly Rs 500 billion used in India are imported. The current duty structure for these imports ranges from 7.5% to 10%.Read more

Interest subsidy scheme for exporters extended 2 months for MSME sector

The two-month continuation of the scheme for the MSME sector comes with an outlay cap of Rs 7.5 billion, while all other terms and conditions remain the same.Read more

US tariffs on China causing container and space shortages; India scrambles

US tariffs on Chinese goods come into effect from August 1.Read more

EV import scheme can affect Hyundai’s business

This policy will enable foreign OEMs to set up manufacturing bases in India, and also enter the domestic sales market, which will also intensify competition in the industry.Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

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