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GST-the biggest indirect tax reform, even after 2 years of its implementation is still in its nascent stages.

NEW DELHI — The central government estimates a shortfall of around 500 bln rupees in the overall goods and services tax collections for the current financial year ending March as monthly mop-up continues to be below the required run rate, a senior government official said.

TASHKENT, Sept. 9 (Xinhua) -- Uzbekistan plans to bring the volume of textile exports to 2 billion U.S. dollars this year, a Uzbek official said Monday.

The government plans to come out with export sops to boost shipments at a time the country’s domestic growth rate has slumped to a six-year low of 5 per cent in the first quarter and weak demand is likely to impact the economy in the coming months.

New Delhi: The micro, small and medium enterprises (MSME) sector has hailed Centre's move to quicken refunds of GST claims but expect more measures to cut down processing time.

BERLIN, Sept. 9 (Xinhua) -- A new textile seal called the "Green Button" should help advance social and ecological standards across borders, according to German Minister of Economic Cooperation and Development Gerd Mueller who presented the label on Monday.

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