The tax income from State Goods and Services Tax (SGST) in Gujarat for the five months of the current financial year, stood at Rs 14,642 crore almost stagnant – rather a minor drop – compared to last year's SGST collection of Rs 14,900 crore witnessed during the corresponding period in the previous fiscal.
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.
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.
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.
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.