Goa CM says rise in GST collection ‘a new record’
"Rising GST revenues despite low rates shows enhanced tax compliance, integration of the economy at state, as well as at national level," he added.
"Rising GST revenues despite low rates shows enhanced tax compliance, integration of the economy at state, as well as at national level," he added.
The new Foreign Trade Policy (FTP), scheduled to be announced at the end of this month, is expected to focus on enhancing the ease of doing exports from India, industry body PHD Chamber of Commerce and Industry said on Friday.
Whereas no one can deny government the right to introduce and to withdraw any provisions in different tax statutes, at the same time the professional and business community deserve a certain degree of assurance with regard to compliance provisions so as not to build up facilities which may be left redundant because of sudden changes in laws
The policy specifically addresses issues impeding industrial growth and ensures simplification of procedures, key physical and social infrastructure, human resource development, access to credit and market.
