Ahead of budget, industry wants roadmap and simplification of GST

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Amidst reports of growth rate shrinking from 8 per cent to 5 per cent and recommendation of International Monetary Fund (IMF) to take steps to reverse the economic slowdown, the business fraternity in MP expects NDA-II to prepare a longterm roadmap for the industry in its forthcoming budget.

On Feb 1, Narendra Modi led NDA government will table its first budget after coming to power for the second time. Though there have more than 300 amendments in the GST regime, industrial fraternity wants further ‘simplification’ and lowering of GST on some items.

Read More at: https://timesofindia.indiatimes.com/city/bhopal/ahead-of-budget-industry-wants-roadmap-and-simplification-of-gst/articleshow/73780879.cms