GST Council may consider proposal to raise lowest slab to 8 pc, rationalise tax slabs - Shahpur Turk CSC - Common Service Centre in Sonipat GST Council may consider proposal to raise lowest slab to 8 pc, rationalise tax slabs

06 March 2022

GST Council may consider proposal to raise lowest slab to 8 pc, rationalise tax slabs

The GST Council in its next meeting may look at raising the lowest tax slab to 8 per cent, from 5 per cent, and prune the exemption list in the Goods and Services Tax regime as it looks to increase revenues and do away with states' dependence on Centre for compensation, sources said on Sunday.

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