India aims to achieve $500 billion in electronics production by 2030, according to a detailed strategy being finalized by the Ministry of Electronics and Information Technology (Meity). This ambitious target, announced by Prime Minister Modi, seeks to significantly boost India’s share in global electronics manufacturing. Meity, in collaboration with the Indian Cellular and Electronics Association […]
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Rerefer to the CBIC Circular No. 204/16/2023-GST dated October 27, 2023 on the issues pertaining to taxability of personal guarantee and corporate guarantee and whether it is applicable for such guarantees given before the date of the circular. The circulars only clarify or convey the understanding of the CBIC about the existing legal position. So, they […]
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