 "Illustration by Ajay Mohanty")
GST shortfall won’t derail fiscal deficit target: Govt
The Narendra Modi government expects direct tax collections to exceed the budgeted target by at least Rs 300 billion. This, along with the portion the Centre can pick up from the goods and services tax (GST) compensation kitty, will help it meet the fiscal deficit target of 3.3 per cent of gross domestic product (GDP) for 2018-19, top government sources told Business Standard. Read more
Annual GST return worries India Inc
Businesses are jittery over the procedural hassles in filing of annual returns under the goods and services
The Narendra Modi government expects direct tax collections to exceed the budgeted target by at least Rs 300 billion. This, along with the portion the Centre can pick up from the goods and services tax (GST) compensation kitty, will help it meet the fiscal deficit target of 3.3 per cent of gross domestic product (GDP) for 2018-19, top government sources told Business Standard. Read more
Annual GST return worries India Inc
Businesses are jittery over the procedural hassles in filing of annual returns under the goods and services
