GST council begins review of rates, items to raise revenue ...Middle East

The government has begun discussions with states for a possible revamp of the goods and services tax as part of an exercise to shore up revenue. The move comes at a time when tax collections have been hit, which authorities believe is due to a massive reduction in rates. The RBI had recently estimated that the effective GST rate in India has come down from 14.4% in May 2017 to 11.6% now.

Hence then, the article about gst council begins review of rates items to raise revenue was published today ( Tuesday 03/12/2019 - 10:55 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 03 Dec 2019 clock 10:55 PM

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GST council begins review of rates, items to raise revenue ...Middle East

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