Congress alleges slowdown in GST collections, asks govt to focus on complexities of economy https://www.taxtmi.com/news?id=29411 Persistent deceleration in GST receipts reflects weakening demand, with net collections showing very low growth and year-to-date short of budgeted targets; government expenditure should act as stimulus rather than justification for cutting social programmes. The statement urges targeted income support for low-income households, tax relief for the middle classes, implementation of a simpler GST 2.0, and an end to enforcement practices that deter private investment, while preserving funding for MGNREGA. en-us Fri, 03 Jan 2025 14:46:02 +0530 Fri, 03 Jan 2025 14:46:02 +0530 TaxTMI RSS Generator Congress alleges slowdown in GST collections, asks govt to focus on complexities of economy https://www.taxtmi.com/news?id=29411 Persistent deceleration in GST receipts reflects weakening demand, with net collections showing very low growth and year-to-date short of budgeted targets; government expenditure should act as stimulus rather than justification for cutting social programmes. The statement urges targeted income support for low-income households, tax relief for the middle classes, implementation of a simpler GST 2.0, and an end to enforcement practices that deter private investment, while preserving funding for MGNREGA. News - Fri, 03 Jan 2025 14:46:02 +0530 https://www.taxtmi.com/news?id=29411