Centre Proposes Reducing GST Slabs From 4 To 2, May Retain 5%, 18%: Sources
Under this proposal, 99 per cent of the items in the 12 per cent slab will be moved to the five per cent slab, while a 40 per cent rate will apply to a few luxury and sin items. The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained … Read more
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