GST changes to lift prices, hit household spending
Services like job work in some sectors have seen a tax hike from 5% to 12%, while work contracts for infra will see a hike to 18%
Source: livemint.com
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Services like job work in some sectors have seen a tax hike from 5% to 12%, while work contracts for infra will see a hike to 18%
The GST regime will witness a host of tax rate and procedural changes coming into effect from January 1.