While lower GST could help increase penetration of insurance, some experts call for controlling medical inflation as well ...
For e commerce exports, GST has created an Integrated GST (IGST). Importing goods incurs an IGST whilst the exporting side is zero rated, which allows businesses to get refunds on money spent on ...
Experts emphasize that certain industries, such as real estate, automobiles, and hospitality, have been adversely affected by ...
SINGAPORE: Singaporeans' concerns over the rising cost of living go "far beyond" the Goods and Services Tax (GST), said Prime ...
Singapore would have ended up with fiscal deficits last year and for this year’s projected balance, without the Goods and ...
Potential rate rejig in GST Council meeting due to consistent growth in domestic collections, aiming for rationalization of ...
A surge of visitors on account of Mahakhumbh contributed to Uttar Pradesh recording over ₹1,000 crore increase in GST ...
Inflation was driven primarily by global factors and has since eased here and globally, he said. Read more at straitstimes.com.
The GST Council, in its 55th meeting on December 21, 2024, had decided to reconstitute the Group of Ministers (GoM) on GST revenue analysis with a revised ToR. The GoM was first set up in 2019.
Participating in the debate over the impact of the GST hike on inflation in Singapore, Assoc Prof Jamus Lim criticized the timing of the tax increase, arguing it contributed to inflation despite the ...
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