News article regarding the increase in the lowest GST slab rate from 5 percent to 8 percent .
Dear all,
Your association SIMA is forwarding herewith a news article, published on the website of Mint, dated 07/03/2022, regarding the increase in the GST slab rate.
As per the said article, the GST Council in its next meeting might raise the lowest tax slab to 8%, from 5%, according to a report by the PTI news agency, citing sources. A panel of state finance ministers is likely to submit its report by this month's end to the Council suggesting various steps to raise revenue, including hiking the lowest slab and rationalising the slab.
To view the full article, PLEASE CLICK HERE.
Thanking You,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary
