Thursday, 9 February 2017

GST rates should be minimum for greater tax compliance

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Manish Sisodia, Finance Minister, Delhi spokes that, Timsy Jaipuria on the sidelines of an event organised by industry body ASSOCHAM. In the interview Sisodia reiterated that Goods and Services Tax (GST) rates should be kept at a minimum level for greater tax compliance. He also questioned government's stand on real estate and raised concerns on how can a sector like real estate be left out of GST’s purview. 

"I fought tooth and nail for inclusion of land and real estate within the ambit of GST but somehow there couldn't be an absolute consensus on the issue at number of GST Council Meetings of all the States Finance Ministers because of obvious reasons."

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