BusinessPM Modi Says 99% Goods To Be Taxed At Below 18% GST
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PM Modi Says 99% Goods To Be Taxed At Below 18% GST
Government looking to simplify GST, says PM Narendra Modi
Many developed economies struggled to implement tax reforms, he adds
Number of items in highest GST bracket to be reduced
PM Modi said the government would reduce the number of items in the highest bracket to just luxury goods
The government will tax most goods at below 18 per cent in a further simplification of the Goods and Services Tax or GST, Prime Minister Narendra Modi said on Tuesday.