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 ...

At the time of introduction of GST, Consumer Price Index (CPI ... While a lot can be said about the positive impact of GST on economy and businesses, at a grass-root level, what matters the ...

Speaking on the ongoing efforts to simplify the GST structure, Nirmala Sitharaman said, 'We are very close to closing in on a ...

In a major policy move, Finance Minister Nirmala Sitharaman has signaled an upcoming reduction in GST rates, aligning with ...

Prime Minister Lawrence Wong defended the GST hike, but netizens argue it could have been delayed given the already high prices and economic burden, with many pointing out that price increases have ...

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 ...