With all eyes being focused on Goods and Service Tax (GST), Deputy Chief Minister Manish Sisodia in an Interactive Session on "Ease of doing Business and GST" on Wednesday announced that the Delhi Government would hold a 'Business Conclave' in collaboration with industry associations, to collectively identify issues and seek solutions that still impede the peace of doing business in the national Capital.
"The conclave is to be hosted in the next 30-40 days which will bring issues that require immediate policy intervention for improving ease of doing business in front of multiple Government departments. So that relevant policy making is done and national Capital becomes a hub of effortless business", Sisodia emphasised.
Gopal Jiwarajka, the President of PHD Chamber reminded Sisodia that taxing consumer durables and other such items at 28 per cent is strident and a review of this is called for in subsequent GST Council's meetings.
The Deputy Chief Minister reiterated his commitment to the industry recalling that he would still voice his concern for bringing down the higher slabs of GST to considerably lower rates in GST Council's forthcoming meeting, altercating that the focus of Delhi Government would be to increase business without enhancing the GST slabs so that the tax compliance increases with increase in tax compliance basket. The higher slab of GST at 28 per cent is still uncalled for as so long as this slab is not moderated. Coalescing 17 different taxes into one can hardly be classified as a reform, he further added.
Pradeep Multani, Co-Chairman of the Delhi-NCR Committee said that give us 90-120 days and we'll take Delhi to the top in the ease of doing business if the Deputy Chief Minister renders support.