Tag: gst structure streamline
Budget 2024: Streamlined GST, more liquidity, reduced compliance among key asks to support MSMEs
As February 1 draws closer, stakeholders in the MSME ecosystem have been voicing their Budget 2024 demands to Finance Minister Nirmala Sitharaman to support the growth of small businesses. Among the key asks is streamlining Goods and Services Tax (GST)…
Budget 2024 | More urban jobs, rationalising GST, boosting housing demand: A look at CII’s wishlist
CII pointed towards streamlining the GST structure by pruning the tax to a three-rate structure, with a standard rate for most goods, a low rate for essential goods, and a high rate for luxury and demerit goods. CII proposed extending…