GST Panel to raise 5% slab to 6% to boost revenues: Report

The Goods and Services Tax (GST) panel is mulling various methods to boost revenue collections, among which one suggestion is to raise the 5 percent tax slab to 6 percent, as per a Business Standard  report . The slab-restructuring is expected to bring in additional revenue of Rs 1,000 crore per month, amid dismal collection numbers, the paper added. The panel may meet in mid-December to cons…