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GST officers to be soon armed with real-time data on vehicles moving without e-way bills

Posted on : Apr 18, 2021

With effect from Jan 1, 2021, the government has integrated RFID/FasTag with the e-way bill system and a transporter is required to have a RFID tag in his vehicle and details of the eway bill generated for goods being carried by the vehicle is uploaded into the RFID.

GST officers to soon have real-time data on vehicles moving without e-way

Posted on : Apr 18, 2021

The government is working on a system to soon provide report to GST officers on a real-time basis for those vehicles which are moving without e-way bills

Domestic steel output to take hit as plants divert oxygen for medical use

Posted on : Apr 18, 2021

Consumption seen falling in line with production as auto, consumer durable goods demand tanks

Brokerages downgrade India’s GDP growth projections for FY’22 amid resurgence of Covid cases

Posted on : Apr 18, 2021

India's GDP growth had been on the decline even before the pandemic struck earlier last year. From a growth rate of 8.3 per cent in FY'17, the GDP expansion had dipped to 6.8 per cent and 6.5 per cent in the following two years and to 4 per cent in 2019-20.

Brokerages downgrade India’s GDP forecasts for FY22 amid Covid surge

Posted on : Apr 18, 2021

India's GDP growth had been on the decline even before the pandemic struck earlier last year