- CII urges Indian corporates to pass GST benefits to consumers
- GST Council to discuss tax cuts to boost demand before the festive season
- CII emphasizes that benefits should reach consumers
- GST Council meeting scheduled for September 3-4
- Proposal to reduce tax slabs from four to two
- Concerns about manufacturers not passing benefits to consumers
- Potential anti-profiteering mechanisms discussed
- Significant tax reductions proposed for many items
Source: hindustantimes.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"
- Key Outcomes from the 56th GST Council Meeting
- GST Success Hinges on Single Tax Rate, Report Recommends Two Slabs and Capped Peak Rate
- Uncertainty in GST Treatment for Ride-Hailing Platforms: Legal Challenges and Implications
- 56th GST Council meeting is scheduled for September 3rd and 4th, 2025
- Eight States Demand GST Rate Cuts Be Tied to Revenue Guarantee and Consumer Benefits
