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

Article
Manish Mishra, Ruchita Modi, Shareen Gupta
May 13, 2020

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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Tags Covid-19, Economy, GST

Manish Mishra Partner and Head of Practice

Manish has more than 23 years of experience in Indirect taxation across Industry, Consulting and law firms.

Ruchita Modi Principal Consultant

Ruchita Modi specializes in the field of indirect taxes. Ruchita has around 9 years of experience in advising clients on various matters under Value Added Tax Laws, Service Tax, Excise duty, Customs Law, Goods and Services Tax and Foreign Trade Policy.

Shareen Gupta Partner

Shareen Gupta specializes in the field of indirect taxes. Shareen has more than 14 years of experience in advising clients on various matters under Value Added Tax Laws, Service Tax, Excise duty, Customs Law, Goods and Services Tax and Foreign Trade Policy.