- The Indian Staffing Federation (ISF) urges the Finance Ministry to reduce GST on staffing services from 18% to 5% and classify them as “merit services.”
- ISF recommends introducing a women-specific tax slab under Section 80JJAA to promote gender-inclusive hiring.
- High GST rates discourage formal employment, especially in labour-intensive sectors, and limit women’s workforce participation and migrant worker retention.
- ISF highlights that 85% of India’s workforce remains informal, risking underutilisation of the country’s demographic dividend.
- The Federation calls for updating Section 80JJAA’s eligibility thresholds and making labour formalisation a central budget priority to boost formal job creation and inclusive growth.
Source: a2ztaxcorp.net
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"
- India’s E-Invoicing Rules: Scope, Formats, Penalties, and Compliance Under the GST Framework
- Continuous Supply of Services Under GST: Legal Criteria Versus Commercial Practice Explained
- Tripura HC: ITC Cannot Be Denied to Bona Fide Purchaser for Supplier’s Tax Default
- Ready-to-Drink Non-Alcoholic Beverages Like Mojito to Attract 40% GST, Rules WB AAR
- Bombay HC: Assignment of Long-Term Industrial Leasehold Rights Not Taxable as ‘Supply’ Under GST
