Business Standard

Tuesday, December 24, 2024 | 07:32 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Budget 2018: No road map for GST, says Sumit Dutt Majumder

The GST Council is expected to meet later this month, and finalise the amendments

Sumit Dutt Majumder
Premium

Sumit Dutt Majumder

Sumit Dutt Majumder
The Goods and Services Tax (GST) that was implemented in July has undergone many changes in the past seven months based on the recommendations of the GST Council. The changes were in respect of GST rates, business processes, policy issues and so on. 

It was therefore expected that the Budget proposals will not have much on GST. Nevertheless, being a tax that touched every Indian’s life, it was thought that there will at least be a road map about the shape of things to come. That was absent in the Budget Speech. 

A few committees were set up to recommend changes in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in