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Cong says partial fix, all states should get compensation for 5 yrs
The New Indian Express Kochi
|September 05, 2025
The Congress on Thursday dismissed the GST Council's recent rate cuts as a partial fix and termed it "GST 1.5".
It demanded that states receive compensation for five years, with 2024-25 as the base year, citing that the reduction in rates would have an adverse effect on their revenue.
Congress President Mallikarjun Kharge said that the complex compliance requirements of GST must also be eliminated; only then will MSMEs and small industries truly benefit.
Diese Geschichte stammt aus der September 05, 2025-Ausgabe von The New Indian Express Kochi.
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