- Businesses are submitting suggestions for indirect tax changes to the Indian Ministry of Finance
- One proposal is to merge the 12% and 18% GST tax brackets into a single 15% rate
- Business Today TV will be interviewing an industry expert on this topic and related issues
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "India"
- GST 2.0: Key Changes, New Rates, and Business Impact Explained
- India Reduces GST on Solar and Wind Equipment to 5%, Cutting Renewable Energy Project Costs
- India Unveils Next-Gen GST: Simplified Tax Structure, Lower Rates, Boosts Business and Affordability
- Guide to GST Refunds for Unregistered Persons: Cancelled Service Contracts Explained
- Piyush Goyal Urges Industries to Pass GST Benefits to Consumers for Economic Growth
