Today news
About the same in other media
Govt losing revenue due to GST: Bibek Debroy
Reading now: 495
Economic Advisory Council to the Prime Minister Chairman Bibek Debroy on Tuesday said the government was losing revenue due to the GST, which should be revenue neutral with a single rate. Speaking at an event organised by the Calcutta Chamber of Commerce here, he however said that GST has led to a lot of simplification.
«The ideal GST is one that has a single rate, and it was meant to be revenue neutral.
According to calculations by the finance ministry when GST was first introduced, the average rate should be at least 17 per cent. But, the existing rate is 11.4 per cent.
Read more on economictimes.indiatimes.comAbout this in other media
What Is the Best Time to Sell a Losing Stock? investing.com /1 year ago
World losing high-stakes fight against alien species economictimes.indiatimes.com /1 year ago
‘Will be govt of poor rather than govt of Adani’: Rahul Gandhi hits out at BJP in poll-bound Chhattisgarh livemint.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
