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Industry Awaits GST Rate Rationalization in Budget FY 2025

  • Businesses are submitting suggestions for indirect tax changes to the Indian Ministry of Finance
  • One proposal is to merge the 12% and 18% GST tax brackets into a single 15% rate
  • Business Today TV will be interviewing an industry expert on this topic and related issues

Source: a2ztaxcorp.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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