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May 18, 2022

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GST return filling due date for April extended till May 24

The Central Board of Indirect Taxes and Customs (CBIC) has extended the last date of filing FORM GSTR-3B for the month of April till May 24, 2022. The notification...

West Bengal govt to set up Bicycle Park with annual production capacity of 7 lakh

The West Bengal government will establish a bicycle park at Vidyasagar Industrial Park at Kharagpur in West Midnapore which will annually produce a total of 6-7 lakh bicycles...

Microfinance picks up in Q4 FY22 with 5% YoY growth

India's microfinance sector has projected a 13 per cent portfolio growth among lenders from the previous quarter and around 5 per cent year-on-year (YoY) growth in the fourth...

CBIC Chair says tax rationalisation necessary for revenue efficiency

The Chairman of Central Board Indirect Taxes and Customs (CBIC) Vivek Johri said that tax rationalisation is necessary to ensure revenue efficiency and buoyancy which is likely to...

MSME Minister Narayan Rane invites UAE to jointly create system to help MSMEs

Union Minister for MSME Narayan Rane has invited the United Arab Emirates (UAE) to collaborate and create a system that will enable the MSMEs. During a meeting with Government...

BASF doubles antioxidants production capacity in Singapore

Ludwigshafen, Germany - BASF has expanded the production capacity for phenolic antioxidants at its existing facility in Jurong Island, Singapore. With the new investment, the German chemicals supplier has...

ExxonMobil set to bring on new olefinic elastomer capacity

Irving, Texas - ExxonMobil is set to bring new production capacity for olefinic elastomers on stream as part of a $2-billion (€1.8-billion) expansion at its Baytown, Texas site. Due...

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