GST slabs unlikely before 2024 general elections
GST
- Oct 28, 2022With inflation likely to remain elevated for a longer period and key state elections due in 2023, the Narendra Modi 2.0 government may choose not to restructure the Goods and Services Tax (GST) slabs before it demits office in May 2024, according to official sources. After state assemblies elections in Himachal Pradesh in November this year and Gujarat in December, as many as nine states will go to polls in 2023 including Karnataka, Chattisgarh, Madhya Pradesh, Rajasthan and Telangana. Then the tempo for the 2024 general elections will pick up.
Search
Categories
Recent News
- income Tax
- Implementation of Mandatory Mentioning of HSN Codes in GSTR-1
- Advisory on Sequential Filing of GSTR-1
- Finance Minister Proposed, Common ITR form for all Taxpayers
- Finance Ministry Extends ITR Filing Deadline for Companies
- CBDT Extends Deadline for Filing TDS for Non-Salary Transactions
- Change Your Income Tax Regimes While Filing Revised ITR
- Finance Ministry say, "Taxpayers check AIS quarterly & report discrepancies"