Union Budget 2017-18, Union Budget, Arun Jaitley, Narendra Modi, Railway Budget
Business Today
Cut corporate tax to 25%, raise exemption limit to Rs 5 Lakh in Union Budget: Assocham

In its pre-Budget meeting with Revenue Secretary Hasmukh Adhia, Assocham demanded that since the proposed multiple Good Service Tax (GST) rate structure could increase classification disputes, therefore the categorisation of products under each duty slab should be carefully done.

Finance Minister Arun Jaitley today said a lower level of taxation that is globally compatible is necessary if the country has to have a broader base of economy.