Tag: Minimum Asset Tax

Govt to maintain 18% GST rate in upcoming budget 2023-24

May 23, 2023

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by

News Desk

in Business

In the forthcoming budget for 2023-24, it is anticipated that the government will maintain the current standard rate of General Sales Tax (GST) at 18 per cent. Additionally, efforts are being made by the government to increase the rates of withholding taxes, where applicable, with the aim of augmenting tax revenues.