Finance panel chief Singh blasts frequent tinkering with GST rates

MUMBAI: Fifteenth finance commission chairman NK Singh on Friday called for major changes in the GST structure, including reducing the cumbersome compliance procedures and also doing away with frequent rate changes, to improve collection.

He also pitched for a rationalisation in Centrally-sponsored schemes, and blamed the Government for not clearly

defining the role of the Niti Aayog, which as of now does not have any powers to take financial decisions.

The comments from the chief of the commission that decides on the revenue distribution between the Centre and the

states, come amidst concerns about the continuous fall in GST collection which has not touched the targeted Rs 1 lakh crore

every month barring one month. (AGENCIES)

 

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