Singapore’s goods and services tax (GST) was increased from 7% to 8% as of January 1, 2023. This is the first of two anticipated increases; the second is set for January 2024, when the GST will rise once more, this time from 8% to 9%.
Continue reading “Singapore’s GST was increased to 8% as of January, 2023”India introduced GST in July, 2017
It took almost 17 years to introduce GST in India, but at last it was launched. It is probably the biggest tax reform since 1947 when India become gained independence from British Empire.
Continue reading “India introduced GST in July, 2017”