Industry bodies seek tax sop for middle class
Major industrial groups advocate for personal tax relief and a simpler direct tax system. Suggestions include marginal tax relief, reducing excise duty on fuel, increasing PM-KISAN scheme payout, simplifying the capital gains tax structure, and recommending a hike in minimum wages under MGNREGA to boost disposable income and consumption.
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Jun 18, 2024
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Major industrial groups advocate for personal tax relief and a simpler direct tax system. Suggestions include marginal tax relief, reducing excise duty on fuel, increasing PM-KISAN scheme payout, simplifying the capital gains tax structure, and recommending a hike in minimum wages under MGNREGA to boost disposable income and consumption.
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