PMO greenlights GST revamp; All eyes on council
The Prime Minister’s Office has given in-principle go-ahead for a significant recast of the goods and services tax (GST) framework, setting the stage for the first major overhaul of the levy rolled out eight years ago, people familiar with the development said.
A proposal in this regard may be moved for the consideration of the GST Council, the apex decision-making body for the indirect tax, at its upcoming meeting in August after the monsoon session of parliament.
