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Proving VAT zero-rating on local purchases of IPA-registered export enterprises

Revenue Memorandum Circular 24-2022, which aims to clarify Revenue Regulations 21-2021, states that the provisions of the Corporate Recovery and Tax Incentives for Enterprise Act and its implementing rules, as it provides the zero-rating on Value Added Tax on local purchases, shall only apply to sales of goods and services directly and exclusively used in the registered project or activity of a registered export enterprise. ....

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RCB fans create Guinness World Record for maximum runs between the wickets in one hour

Royal Challengers Bangalore fans on Thursday scripted a new Guinness World Record feat for completing maximum runs between the wickets in an hour at #12thManTakeover, organised at Jayamahal Palace in Bengaluru. ....

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China FM applauds "BRICS Plus" cooperation model

&copy; Provided by Xinhua BEIJING, May 20 (Xinhua) Chinese State Councilor and Foreign Minister Wang Yi Thursday said that all parties should use the BRI ....

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Vaani Kapoor wants to create a platform fitness platform for people

Actor Vaani Kapoor is looking forward to creating a platform that helps people to understand the true meaning of a balanced living. ....

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A New Enzyme Found in Compost Just Set a Speed Record For Breaking Down Plastic

A plastic container thrown into landfill can take hundreds of years to break down naturally, but a newly discovered enzyme could eat up the waste in less than a day. ....

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