We need a simplified direct taxes code that will remove exemptions: Bibek Debroy4 min read . Updated: 25 Jan 2022, 07:20 AM IST
Bibek Debroy, chairman of EAC to PM, highlighted the need for tax reforms and simplifying the GST regime
When GST was originally formulated, the revenue-neutral rate was expected to be around 18%, today the average GST rate is about 11.5%, so that clearly is not tenable, Debroy said.
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