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Jul 22, 2020

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CBDT asks taxpayers to verify ITRs for AYs 2015-16 to 2019-20 by September 30

The Central Board of Direct Taxes (CBDT) has announced a one-time relaxation to taxpayers who have not yet verified their e-filed tax returns for AYs 2015-16 to 2019-20...

KVIC opens footwear training centre in Delhi to train marginalised community of leather artisans

In a bid to train the marginal community of leather artisans, the Khadi and Village Industries Commission (KVIC), has opened the first-of-its-kind footwear training centre in Delhi. The centre...

Govt to create independent rating system for MSMEs: Nitin Gadkari

The Union Minister of Micro, Small and Medium Enterprises (MSMEs) Nitin Gadkari has said that the government is working to create an independent rating system for the MSMEs...

Cash withdrawal above 20 lac to attract TDS at 2% or more

The Central Board of Direct Taxes (CBDT) has facilitated a new functionality for banks and post offices through which they can ascertain the TDS applicability rates on cash...

JK Tyre plans to scale up biomass usage at its manufacturing units

The tyre manufacturer's last year biomass consumption was almost 8% of its total energy consumption and this year the company targets to reach 18%. Aiming to reduce carbon emissions...

Worst is almost over! Global body of rubber producers foresees demand bounce-back in Q3

On the production side, the ANRPC report pointed out that Covid-19 was to be blamed for the loss of nearly one million tonne potential NR supply across the...

ITC Votes Unanimously to Continue Tariff Investigation

The tariff investigation of passenger and light truck tires from South Korea, Taiwan, Thailand and Vietnam will continue, as the International Trade Commission has voted unanimously and said...

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