The Centre will use Friday’s GST Council to push through relief measures and calm jittery businesses complaining about the new tax regime. The panel of state and Union finance ministers is expected to ease exporters’ pain by allowing electronic payment of taxes through “virtual currency”, while announcing a series of steps for small and medium enterprises as it seeks to smoothen the implementation of GST. Expectations of a raft of measures were triggered after PM Narendra Modi’s strong defence of the health of the economy on Wednesday, which he backed…
Read MoreToday GST Council expected to give relief to SME’s and Exporters
