Bring petroleum products, realty, and electricity under GST: CII President
The Confederation of Indian Industry (CII) president Sanjiv Puri on Thursday said petroleum products, electricity, and real estate must be brought under the ambit of the goods and services tax (GST), and asserted that capital gains tax must also be rationalised, as part of the industry body’s 14-point agenda for the new government.
“On direct taxes, the government may consider laying down a road map for rationalising and simplifying the capital gains tax and TDS provisions,” Puri said while addressing the press for the first time after taking over as the CII president last month.
Read more at: Business Standard
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