You are here: Home » PTI Stories » National » News
Business Standard

Dhumal hails slashing of GST rates

Press Trust of India  |  Hamirpur 

Senior leader Dhumal today hailed the Council's decision to lower the rates on 27 items and providing concessions to the business community.

However, the Leader of Opposition in Assembly rejected the development model of Congress-led in the state and said that it was not "acceptable".


The concessions given in rates would go a long way in ending the "suffering" of the business community and the buyers will also benefit, he told reporters here.

The on returning to power would extend all help and relief to the business community along with others, the former chief minister said.

Dhumal dubbed the Himachal model of development, which was appreciated by Vice President during a rally at Mandi, as "anti-people" and thereby unacceptable to the masses.

He said that model of development had been appreciated throughout the world and rejection of it bythe has proved that it never believed in real development.

Dhumal claimed that Mandi rally of the failed to evoke much response and in fact it was a "big failure".

He said that even by managing support from the official agencies, the crowd in rally was not more than 15,000.

He said the would face defeat in the upcoming elections as people were disenchanted with its working and wants to bring the back to power in state.

Three months after the rollout of the new indirect tax regime, the Council yesterday made sweeping changes to give relief to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items.

Businesses with annual turnover of up to Rs 1.5 crore, which constitute 90 per cent of the taxpayer base but pay only 5-6 per cent of total tax, have been allowed to file quarterly income returns and pay tax instead of the current provision of monthly filings.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, October 08 2017. 00:13 IST
RECOMMENDED FOR YOU