Tag: SINGLE RATE

Single rate GST not possible in a country with poor people, says Arun Jaitley

Former Finance Minister has said that India can have two slabs for the Goods and Services Tax(GST) but dismissed the possibility of a single rate. He said that single GST slab would be possible only in extremely affluent countries where there are no poor people.It would be inequitable to apply a single rate in countries… Continue reading Single rate GST not possible in a country with poor people, says Arun Jaitley