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Singapore has given solid economic reasons why it has opted for a Goods and Services Tax or GST hike.

Independent analyst Kunal Bothra has a buy call on Century Textiles & Industries with a target price of Rs 1,260. 

CHENNAI: “The confusion over handling the non-performing assets (NPA), the hurried implementation of Goods and Services Tax (GST), the delay in amending the Fiscal Responsibility and Budget Management  (FRBM) act which will enable the government to print its own currency are the three elements that are preventing the high growth of Indian economy,” columnist S.Gurumurthy said here on Sunday. He was moderating a discussion on union budget 2018-19 at VIT Chennai campus on Sunday.

After the GST Council decided to do away with the system of filing three returns a month, the council is now looking at three models, one of which should replace the existing system. Two of the models have been suggested by Ajay Bhusan Pandey, chairman of GST Network, and another by Infosys chairman Nandan Nilekani.

New Delhi: Errors in GST returns filing are coming in the way of disbursing tax refunds to exporters covered by the goods and services tax regime, according to Central Board of Excise and Customs (CBEC) chairperson Vanaja Sarna.

Besides the “one nation one tax” motto, GST had many other mandates. One of the main intentions behind the GST law was to increase compliance levels and check tax evasions. We had earlier explained various measures in the GST laws and rules, which ensure that the black economy is severely throttled. Now, another such weapon has been unleashed.

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