Beginning on April 1, 2020, the GST rate on MRO has been lowered from 18% to 5% with a full Input Tax Credit. Beginning on April 1, 2020, subcontracts from overseas original equipment manufacturers (OEMs) to domestic MRO are regarded as "exports" and are subject to zero-rated GST. ...
ICI for February 2023 will be released on 31st March 2023. Topic: Indian Economy/Financial Market 2. India’s unemployment rate increased to 7.45% in February 2023 according to Centre for Monitoring Indian Economy (CMIE) data. India’s unemployment rate was recorded at 7.14% in January 2023. ...