Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
What proposals has Nirmala Sitharaman made regarding indirect taxes?
short by Ashley Paul / on Saturday, 1 February, 2025
Finance Minister Nirmala Sitharaman proposed to remove seven tariff rates from customs rate structure, bringing remaining tariff rates to eight. She proposed to "apply appropriate cess to broadly maintain effective duty incidents, except on few items where such incidents will reduce marginally". She finally proposed to exempt social welfare surcharge on 82 tariff lines that are subject to a cess.
read more at NDTV Profit