GST evasion by dealers by suppressing turnover has caused a revenue slump under the composition scheme in the last two months, GST network panel head Sushil Modi said.
Assocham has sought enhanced outlay for education in the upcoming Budget and pitched for exempting higher education from GST.
India's gold imports rose 53% to 846 tonnes last year on strong domestic demand and lower global prices, according to MMTC-PAMP India.
"The last two years have been phenomenal for us; we have grown by 40 percent in our top line and also in rofits, which is very good," Bali said.
Industry body Confederation of Indian Industry (CII) sought the inclusion of petroleum and natural gas products under the unified indirect tax regime GST at the earliest.
As many as 6 more states, including Gujarat and Haryana joined the govt's centralised e-way bill system for inter-state road transportation of goods in the GST regime.
To enhance transparency in property transactions, the GST Council is expected to bring the real estate sector under the purview of the unified indirect tax regime.
IBMA said consumers of biscuit belong predominantly to the poorer segment and will hurt the 2.5 cr employment created by the industry.
The GST Council is slated to consider bringing in real estate under the purview of the nationwide, unified indirect tax regime.
Prime Minister Narendra Modi promised more economic reforms to further improve the ease of doing business in India as he invited Israeli companies to invest.
Sells 85% of units in Project Forest Edge on day of launch
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