Reintroduce 15% tax for new manufacturing units, rationalise GST: PHDCCI - Business Standard

To boost India’s global manufacturing competitiveness and simplify tax administration, the PHD Chamber of Commerce and Industry (PHDCCI) has urged the finance ministry to reintroduce the 15 per cent concessional corporate tax rate for new manufacturing units and rationalise key provisions under the goods and services tax (GST) to improve ease of doing business. In a pre-Budget meeting with Revenue…