AIAI expresses reservation on VAT hike

Subscribe to Oneindia News

Mumbai, Jan 31 (UNI) The proposed move of Central Government to increase Value Added Tax floor rate from 4 per cent to 5 per cent on various commodities has not been taken well by the trading community.

All India Association of Industries (AIAI) has sent a memorandum today to the Chairman of Empowered Committee of State Finance Minister Dr Aseem Das Gupta, registering its reservations on the hike.

UNI JM DB AG1945

Please Wait while comments are loading...