Name: 18% slab to contribute lion's share of GST revenue
Uploaded: Mon, 18 Aug 2025 15:39:59 +0530
Channel: Rediff Video Desk
Description: The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source.At present, the Goods and Services Tax (GST) follows a four-tier structure with rates of 5 per cent, 12, 18, and 28 per cent.

Disclaimer: This image is entirely AI-generated and is a product of artificial intelligence. Any resemblance to actual persons, whether living or deceased, is purely coincidental and unintentional.

The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. At present, the Goods and Services Tax (GST) follows a four-tier structure with rates of 5 per cent, 12, 18, and 28 per cent.

Uploaded by: Rediff Video Desk on Mon, 18 Aug 2025 15:39:59 +0530

Views: 37

Tags: 18% slab to contribute lion's share of GST revenue