Government may increase GST, there may be changes in the four-rate system

GST

According to a Bloomberg report, the Modi government is considering increasing taxes on some goods and services. The report said that the move is being considered with the objective of creating a simpler tax rate structure.

According to the report, one of the lowest two rates can be increased from 5 percent to 6 percent and 12 to 13 percent.

Taxtimes

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