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GCCI urges Goa CM to withdraw additional COVID cess on GST for pharma industry

Panaji, June 17 -- Goa Chamber of Commerce and Industry (GCCI) has written to state Chief Minister Pramod Sawant urging him to withdraw additional COVID cess on Goods and Services Tax (GST) for pharma... Read More


GeM soon to roll out GeMSAHAY app to facilitate MSME sellers get instant loans

New Delhi, June 17 -- In a bid to address the credit access challenges faced by MSMEs, Government e-Marketplace (GeM) is launching SAHAY, a mobile application to help the MSME sellers listed on the Ge... Read More


Mandatory gold hallmarking from Wednesday: Govt

New Delhi, June 17 -- The government has said that mandatory hallmarking of gold jewellery and artefacts will come into force from June 16 in a phased manner and initially will be implemented in 256 d... Read More


Govt seeks feedback on employee's compensation under Code on Social Security

New Delhi, June 16 -- Ministry of Labour and Employment has notified the draft rules relating to Employee's Compensation under the Code on Social Security, 2020 on June 3rd, 2021 and also invited obje... Read More


KCCI urges PM Modi to pay wages of MSME employees from ESIC surplus corpus

Mangaluru, June 16 -- The Kanara Chamber of Commerce and Industry (KCCI) has urged the Prime Minister Narendra Modi to use surplus corpus of Employees State Insurance Corporation (ESIC) to pay the wag... Read More


Exports continue to perform impressively for third month in a row on back of good order booking: FIEO

New Delhi, June 16 -- The continuing impressive growth in exports by about 70 per cent to 32.27 billion dollars compared to a low base of 19.05 billion dollars during May 2020, reiterate our assessmen... Read More


Govt simplifies registration process for MSMEs

New Delhi, June 16 -- The government has simplified the registration process for Micro, Small and Medium Enterprises (MSMEs) as they will now only need to furnish PAN and Aadhaar to register. Announc... Read More


Retail sales in May slip 79 per cent over pre-COVID levels in 2019: RAI survey

New Delhi, June 15 -- Retail sales in the month of May 2021 stood at -79 per cent of the pre-COVID level of sales on a Y-o-Y comparison with May 2019 as retail businesses across states were closed due... Read More


DPIIT extends its control room's tenure, set up to monitor internal trade, manufacturing & delivery of essential commodities

New Delhi, June 15 -- The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry had set up a control room to monitor the issues of internal trade... Read More


WPI inflation in May rises to 12.94 per cent

New Delhi, June 15 -- The Wholesale Price Index (WPI) based inflation in May hit an all-time high of 12.94 per cent owing to rising crude oil prices and manufactured products. This is the fifth cons... Read More