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GST Council must realise that lower rates lead to better compliance

The finance minister, as the Council's Chairperson, must convince states to bring more items down from the 18 percent and 28 percent slabs.

Topics
GST | India economy | Tax rate

T C A Srinivasa-Raghavan 



T C A Srinivasa-Raghavan

The Finance Minister said last week that India needs to widen its tax base in order to boost collections because a wider tax base would lead to increased collections and an eventual reduction in tax rates.

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First Published: Mon, November 29 2021. 11:04 IST

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