GST Increase to Help Generate Revenue for Singapore

On Wednesday, the Finance Minister of Singapore, Lawrence Wong, said that the plan to increase the Goods and Services Tax will help the country in generating revenue that it needs to invest in the social infrastructure of the island and in its people.

Mr. Wong made these comments in a v...

18% GST PENALTY ON EMPLOYEES NOT SERVING NOTICE PERIOD WHILE QUITTING JOBS

HIGHLIGHTS

• In Gujarat, 18% GST has been collected over recovered pay for employees who left job without serving notice period.
• Gujarat Authority of Advance Ruling has laid down the new rule.

In Gujarat, leaving job without serving th...

Industry demands clarity on Single-use plastic guidelines

Industries are still confused about the single-use plastic ban and have sought clarity on the government’s plan to phase out single-use plastic by 2022. It has requested the Centre to issue clear guidelines on the ban.

The unclarity in the guidelines has led to the closure of appr...