New Delhi, Apr 2 (KNN) India’s small and medium enterprises (SMEs) are facing increasing financial stress due to the inverted duty structure (IDS) under the Goods and Services Tax (GST) regime, an Empower India note said, citing industry stakeholders. The anomaly arises when input tax rates exceed output tax rates,Continue Reading
New Delhi, Apr 2 (KNN) Several financial and banking rules have come into effect fr0m April 1, 2026, impacting credit card users, taxpayers, digital payments, and transport systems. The changes span across banking services, taxation, digital payments, and public utilities. Changes in Banking and Card Services SBI Card has revisedContinue Reading
New Delhi, Apr 2 (KNN) In a move aimed at improving Ease of Doing Business (EoDB), the Delhi Pollution Control Committee (DPCC) has aligned its industrial categorisation with guidelines issued by the Central Pollution Control Board (CPCB). As part of this update, ‘digital printing on flex, vinyl and PVC’ hasContinue Reading
New Delhi, Apr 2 (KNN) India’s manufacturing sector witnessed a moderation in growth in March, as rising cost pressures, weak demand conditions, and global uncertainties weighed on output and new orders, according to the latest HSBC India Manufacturing PMI (purchasing managers’ index) data. The conflct in West Asia involving Iran,Continue Reading
New Delhi, Apr 1 (KNN) Crisil Ratings on Wednesday projected bank credit growth to moderate to around 13 per cent in FY27 from an estimated 14 per cent in FY26, amid ongoing tensions in West Asia. The rating agency indicated that asset quality has likely bottomed out, with gross non-performingContinue Reading
New Delhi, Apr 1 (KNN) The Central Board of Direct Taxes (CBDT) has signed a record 219 Advance Pricing Agreements (APAs) with Indian taxpayers in FY 2025-26, marking the highest number concluded in a single financial year since the programme’s inception. With this, the total number of APAs signedContinue Reading
New Delhi, Apr 1 (KNN) The Reserve Bank of India (RBI) has extended key trade relief measures for exporters in view of continued geopolitical uncertainties and logistical disruptions arising from the West Asia crisis. The central bank has now allowed an enhanced export credit period of up to 450 daysContinue Reading
