google.com, pub-9501031967421588, DIRECT, f08c47fec0942fa0 Bharath Bulletin: BUSINESS
Showing posts with label BUSINESS. Show all posts
Showing posts with label BUSINESS. Show all posts

Sunday, February 9, 2020

FM Nirmala Sitharaman hints at once a year GST recast

KOLKATA: The Centre has informally proposed to the GST council that rationalisation of rates be done once in a year and not every three months, as the present system was bringing in a certain level of uncertainty for both the government and the business, Union Finance Minister Nirmala Sitharaman said here on Sunday. "In GST, when you have come to a certain level or grade, periodically changing it leads to inversion problems, refund issues, and so on. So, therefore, when one item's rate of taxation is brought down, a lot of ripple effect is created,...
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