The Directorate General of GST Intelligence (DGGI) and the C-GST Commissionerates arrested 12 persons including a chartered accountant on Tuesday in connection with fake-invoices frauds.
Projecting that the gross domestic product (GDP) may have returned to the black in the last quarter of the calendar year 2020, DBS Bank in the report said the full-year growth in real terms may be at a negative 6.8 per cent.
