The sluggish growth in Goods and Services Tax (GST) revenue receipts, unless reversed quickly, could lead to a ₹40,000 crore shortfall by the end of the current fiscal, straining finances of the central government which is required to make good on states’ revenue loss, analysts at Credit Suisse have warned.
As the clamour for GST (goods and services tax) rate cuts in some sectors, particularly in the auto sector, gets shriller amid falling demands, the government now has tough decisions to make.
Visitors view exhibits during an exhibition held at Prince Kung's Mansion in Beijing, capital of China, Sept. 4, 2019.
The Centre should stop micromanaging the retail sector through curbs on legitimate competitive practices
Coimbatore : Tirupur Exporters’ Association (TEA) on Tuesday claimed that the Union Textiles Secretary has promised to address various issues being faced by knitwear industry and help for the growth of Tirupur knitwear export units.
The All Pakistan Textile Mills Association (APTMA) Punjab Chairman Adil Bashir has said that the textile industry is ready for adopting renewable (solar hybrid) energy solutions to deal with sustainability and competitiveness issues.