India says it plans to simplify GST rate regime in coming months
NEW DELHI : India is working on simplifying the country’s sales tax regime by introducing three slabs instead of the existing four rates, a top tax official said. “Too many rates in goods and
DP World receives the Authorized Economic Operator-Logistics Operator (AEO-LO) program accreditation administered by the CBIC
MUMBAI : DP World, a leading provider of worldwide, smart, end-to-end supply chain solutions, has received the prestigious AEO-LO (Authorised Economic Operator for Logistic & Terminal Operators) certification. The certification, under the aegis of
GIFT City and Diamond industry greet Union Budget 2024
GANDHINAGAR : The Diamond sector in Gujarat and the GIFT City on Tuesday welcomed the Union Budget presented by Finance Minister Smt Nirmala Sitharaman, with industry leaders calling it a launch pad for a
India creates legroom to sign UK, EU FTAs with Customs Act amendments
NEW DELHI : To create legroom for signing free trade agreements (FTAs) with developed nations such as the UK and European Union, the Union Budget 2024 has introduced amendments in the Customs Act, liberalising
Containerization & Intermodal Institute elects PMSA’s Michele Grubbs to Board of Directors
MIDDLETOWN : Ms. Michele Grubbs, Vice President at the Pacific Merchant Shipping Association (PMSA), has been elected to the Board of Directors of the Containerization & Intermodal Institute (CII), a not-for-profit organization committed to
CBIC Chairman focuses on Gold import duty under FTAs cut in Union Budget 2024
NEW DELHI : A surge in imports under free trade agreement, lower current account deficit and a spate in smuggling prompted the Union Budget to slash duty on gold from 15 percent to 6 percent, according
Union Budget 2024-25: Reforms in Customs Duties will support domestic manufacturing and promote export competitiveness-FM
NEW DELHI : The Budget proposals for Customs Duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers
Trade Tech revolutionizes Global Logistics with Real-Time Communication via Platform-Integrated Chat
SEATTLE : Trade Tech, Inc., a global logistics platform, introduces its latest update: a groundbreaking real-time chat capability built natively into its industry-leading global logistics platform. This new addition is set to reshape the