Economic challenges of pandemic: Indirect tax measures that govt may consider

The unfavourable business climate has led to increasing demand for a stimulus package, including GST rate cuts, to stabilize the economy.

New Delhi: As the world deals with the challenges posed by the COVID-19 pandemic, India Inc. struggles to overcome the economic slowdown triggered by unceasing lockdowns. The shutdown of businesses, slowdown in demand, and complete disruption in the supply-chain have wrought a severe liquidity crisis in the economy.

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