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Politics
Advance authorisation scheme: Govt extends exemption to imports till 31 March
A clause in the foreign trade policy was amended to remove pre-import condition to avail exemption from integrated tax and compensation cess and the tax and cess is also extended to deemed supplies, the directorate general of foreign trade (DGFT) said in a notification
1 min read10 Jan 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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