More tax relief coming? After income tax slab changes in Budget 2025, Modi government eyes GST revamp

Feb 4, 2025 - 12:00
More tax relief coming? After income tax slab changes in Budget 2025, Modi government eyes GST revamp

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The Narendra Modi government plans to streamline the GST framework after making significant changes to personal income tax and customs tariffs. The initiative aims to restructure the GST slabs for better outcomes and resolve complexities that create compliance challenges, possibly through a simplified three-rate structure.

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