Ease Of Doing Business
Latest news, explainers and analysis on Ease Of Doing Business. Tracking 2 stories on Arth Vani.
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Latest on Ease Of Doing Business
Government Plans to Ease Forex Rules for SEZ Service Exports to Domestic Market
The Indian government plans to remove the mandatory foreign exchange payment requirement for services supplied from Special Economic Zones (SEZs) to the Domestic Tariff Area (DTA). Currently, SEZ units must receive payment in foreign currency for services sold domestically, unlike goods.
GST Panel May Allow Tax Credit Transfer within Corporate Groups; Intra-Group Guarantees Could See Exemption
A key GST panel is reviewing significant industry suggestions, including allowing companies within the same corporate group to transfer unused input tax credit and exempting intra-group corporate guarantees from tax. These proposals, aimed at boosting ease of doing business and improving corporate cash flow, will be put before the GST Council for its next meeting.
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