While the government is working to boost GST revenues, steps to make the filing of returns easier for taxpayers are also needed.
NEW DELHI: The government may allow companies undergoing resolution under the Insolvency and Bankruptcy Code (IBC) to pay current levies of goods and services tax (GST) without the mandatory payment of past dues. This will remove a hurdle in the bankruptcy resolution process.
An insider’s account of the success, failures and travails of this key segment of the economy
New Delhi, Dec 21 (IANS) Commerce & Industry Minister Piyush Goyal has held a mega meet on Friday with all Export Promotion Councils, Federation of Indian Export Organisation (FIEO) and Commodity Boards to discuss ways to boost exports, an official statement said on Friday.
The Indian textiles ministry recently sought suggestions for formulating the new national textile policy for the next 10 years, targeting to position India as a fully integrated, globally competitive manufacturing and exporting hub.
Trade experts and businesses on Saturday stressed the devaluation of taka and diversification of products and market to remain competitive in the global readymade garment market.