"At a time when the economy is in a slowdown, if you cannot cut the tax rate to boost consumption, do not increase the rates too. At these times you cut the duties and tax rates, and not increase them," Sushil Modi said. Modi is the convenor of group of ministers on IGST. Modi alsosaid the GST Council has decided to consider change in tax rates only once in a year, rather than doing so in every meeting.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2PJTazD
