The e-BRC, or Electronic Bank Realisation Certificate, is super important for exporters. It shows that they've received payment from buyers for the stuff they sold overseas. This certificate makes it easy for exporters to get benefits and understand their finances better. To get government export perks, exporters must have a valid BRC. Introduced in 2012 by the DGFT, e-BRCs made things way simpler compared to the old manual process. They're a big part of the export process, helping exporters get their benefits smoothly. By connecting shipping details with e-BRCs, exporters can claim perks accurately. Plus, e-BRCs make getting GST refunds easier and keep export transactions clear. In a nutshell, e-BRCs make exporting paperwork easier, boost efficiency, and make trade transparent for everyone involved—exporters, banks, and government agencies.

GST is known as indirect tax and it eliminates the multi-tax system.GST helps in the economic growth of our country. India, GST was established in 1999 but it was relaunched in 2017 by the Indian government. GST's other name is ‘one nation one tax’ which means there is no need to pay any other taxes in the country. This content provides information on GST in India. This content provides Bibliometric visualization and sentiment analysis of Goods and Services Tax.

Some experts believe that the word ‘ Bank’ has been derived from the Greek word ‘Banque' which means ‘ a bench’. Basically, a bank is a place where people deposit their money for safety and the place where the borrower can borrow and also get financial services like loans, fixed deposits, and currency exchange. In this blog, we will learn about the evolution of Indian banking system,

The Goods and Services Tax (GST) has been a landmark reform in the Indian economy, aiming to streamline the indirect tax structure. The concept of GST, though originating from a singular vision of streamlining indirect taxation, has blossomed into a diverse bouquet of implementations across the globe. Each nation tailors the GST framework to its unique economic structure and policy priorities.Let's have a look at it.

A GST refund in India is a way for registered taxpayers to get money back from the government if they've paid more GST than they owe. There are a number of reasons why a business might be eligible for a GST refund.

in this article, we have tried to compare India and UAE in terms of Indirect Tax Outflow in respect of well-known international trade transactions i.e. Drop Shipments transactions wherein the person registered in the country books the sale and purchase transaction without obtaining the delivery of the goods into the country and giving the same directly from the buyer to customer.

The Goods and Services Tax (GST) has been a game-changing reform in India's indirect tax landscape since its implementation in 2017. While the GST system has brought about a more streamlined and efficient tax structure, the government has also provided certain exemptions to ensure that specific sectors, products, and services remain outside the ambit of this comprehensive tax regime. These exemptions play a crucial role in supporting various economic activities, reducing the tax burden on essential commodities, and promoting social welfare. In this article, we will delve into the nuances of GST exemptions, exploring the different categories of exemptions, the rationale behind them, and the key considerations for businesses and consumers navigating this complex landscape.

The implementation of the Goods and Services Tax (GST) in 2017 marked a significant shift in India's indirect tax regime. For the e-commerce sector, GST has introduced a set of specialized rules and compliance requirements that have significantly impacted their operations. India's e-commerce market is booming, with projections estimating it to reach $120 billion by 2026, growing at a CAGR of 18-20% over the next few years. This exponential growth has transformed the way businesses and consumers interact, creating both challenges and opportunities in the evolving regulatory landscape.

The introduction of the Goods and Services Tax (GST) in India in 2017 was a transformative event that sought to unify the country's complex indirect tax structure. While the transition to the new tax regime posed significant challenges for many businesses, some Indian companies were able to navigate the change successfully and reap the benefits of GST implementation. In this article, we will explore the case studies of five Indian companies that have demonstrated exemplary GST implementation strategies, highlighting their approaches, the challenges they overcame, and the outcomes they achieved.

The service sector contributes over 55% to India's GDP and is a key driver of economic growth. Understanding the intricacies of GST applicability, compliance requirements, and its overall impact on various service industries is crucial for businesses to navigate the new tax regime effectively.This blog contains all aspects related to the GST and service sectors.

The Indian economy thrives on the seamless movement of goods across states. To streamline this process and improve tax compliance, the Goods and Services Tax (GST) introduced the e-way bill system in 2018. Here is everything you need to know about E-way bill.

Gujarat International Finance Tec-City (GIFT City) is an ambitious project envisioned to create a global financial and IT services hub in India.