On the eve of the 9th #GSTDay, Pune CGST & Customs Zone commemorated nine years of the Goods and Services Tax—a landmark reform that has transformed India’s indirect tax landscape. We salute our trade and industry partners for their trust, voluntary compliance, and continued partnership in building a transparent, efficient, and taxpayer-friendly GST ecosystem. #9YearsOfGST #FacilitatingTrade #EaseOfDoingBusiness #ViksitBharat
This billionaire criticized China’s government.
Then he vanished for 3 months.
When he returned, he had lost:
- $40 billion
- His powerful voice
- Control of his company, Alibaba
Here’s the story of the strange disappearance of the Chinese Jeff Bezos:
Cabinet appove #HCL#Foxconn Chip assembly unit in JEWAR UP
This is the 6th project gov approved under India semicond mission(ISM) incentive scheme for ₹76kcr
Out of 6 only tata electr. is in chip fabrication and rest in packaging
#investing#Nifty
https://t.co/5k8zG1R4h7
#Samsung asked the tribunal to qush the demand of $520,as tax authorities were aware about the practice as Reliance was impoting the RRH in similar manner for years
Also #reliance had been warned about the practice in 2017,but it did not inform the same to it
#sensex#nifty
#samsung India gets $601 mn demand for evading #tariff on key telecom equipments in a customs scrutiny proceeding.
This is one of the biggest demand in recent years
Seven Indian executives faces fine of $81 mn
#Reliance in a race to get Haier.
#Haier is going to dilute 25-51% equity for $2-2.3 billion
Haier has been keen for equity alliance with 🇮🇳 business group so that it can get gov approval for its expansion
#sensex#nifty#stocks#investing#sharemarketindia
#LG & #Samsung sue 🇮🇳 gov over e-waste policy that claim ⬆️in recycling cost
In Sep. 24,Gov ⬆️ floor price ₹22/kg for cons. elec. & ₹34/kg for sphone
Gov want to⬆️ formal players as only 43% ewaste was recycled in24 &80%players are informal players
#stocks#investing#sensex
India to skip zero to zero #tariff option with US.
Instead to adopt BTA
Due to low per capita income ,India will keep tariff on wide range of agriculture items and even industrial goods
#sensex#nifty#sharemarketindia#MarketCrash ##ustariffs
India AND EU in #FreeTrade ageement(FTA) soon
EU wants #tariff elemination on 95%of its export
while India key ask is zero tariff on labour intensive export and greater excess in service market
DEADLINE dec 25
#exports#exporters#FTA
#Iphone price coukd raise by 43% due to US 26% #Tariff on India.
If #Apple were to absorb the cost @32% hit on operating margin
It may face Appox. $32billion in tariff cost
To offset the tariff Apple need to raise product price
#ustariffs#electronics#TariffWars
Did you know that while China has over 5,000 large ships in its commercial fleet, India has less than 500?
International trade is totally dominated by Chinese vessels. In fact, 98% of the world's commercial fleet is run by companies that are either Chinese, or use Chinese-manufactured ships.
India is surrounded by sea on three sides and has a glorious history as a maritime nation. Let's revive our shipping industry.
There should be no difference between public and private sector. All are one in this goal.
To use a phrase from shipping, our strategic interests need all hands on deck.