Under the proposed IMS, businesses will need to accept, reject, or keep pending every invoice or credit note
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The minister asserted that skilling, reskilling and upskilling initiatives of the government will benefit the youth in the coming years
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Besides undermining legitimate businesses, the report asserted that the illicit trade is distorting competition, and significantly eating into government tax revenues
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The report is optimistic about new employment-linked incentives to the workers and firms, the policy does have the potential to increase labour demand and support job creation beginning FY2025
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Drivers of this recovery are rising per capita income, rapid urbanisation, a thriving real estate market and greater hygiene awareness following COVID-19.
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The government’s move aligns with its broader goal of bolstering domestic manufacturing capabilities and reducing dependence on foreign imports, especially from China
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This move aligns with the government's efforts to reduce tax litigation and promote the Ease of Doing Business
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Consensus-building among impacted states remains the biggest roadblock for river-linking projects to gain traction, says Icra
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