The Finance Bill is likely to prescribe at least five changes in Goods and Services Tax laws to further facilitate ease of doing business. These amendments are based on GST Council’s recommendations.
Ahead of the Union Budget FY27, the Indian Staffing Federation has urged the Finance Ministry to reduce GST on staffing services to 5 per cent from 18 per cent, classify them as “merit services” and introduce a women-specific slab under Section 80JJAA of the Income tax Act.