News
Govt says GST won’t raise cost of most services; experts not so sure
- Date:
- May 20, 2017
- Source:
- Times of India
The Centre and states on Friday crossed another major milestone towards launching GST (goods and services tax) by agreeing on a four-tier tax structure for services that should make economy class air travel and cinema tickets cheaper. The government maintained that cost of other services will not rise, but not all industries and tax consultants are as convinced. The four slabs of 5%, 12%, 18…