Finance Minister Nirmala Sitharaman stated that the GST Council plans to address rate rationalisation, with states cautious about revenue concerns. The council aims to keep existing tax slabs intact while reconsidering other rates, starting discussions on Sept 9. States seek to balance revenue needs without excessively burdening the public.
Related Posts
Stock market today: BSE Sensex closes over 200 points down; Nifty50 near 25,200 as US economy slowdown fears hit
Stock market today: The BSE Sensex closed at 82,352.64, dropping 202.80 points or 0.25 per cent, after falling as much as 721.75 points or 0.87 […]
Rupee hits a new low at 84.50 against US dollar
The Indian rupee plummeted to a new all-time low of 84.50 against the US dollar due to a massive sell-off in domestic equities, sustained foreign […]
Piyush Goyal asks fintechs to make GIFT foray
Commerce minister Piyush Goyal has urged fintech companies to explore setting up in Gujarat’s GIFT City due to tax breaks available until March 2025. At […]