Labour Market
Indian Staffing Industry Advocates for 5% GST to Boost Formal Employment
Sarfraz Khan
9 minutes read
The Indian Staffing Federation urges the Finance Ministry to cut GST on employment services from 18% to 5%. This move, ahead of the 56th GST Council meeting, aims to boost formal job creation, enhance industry competitiveness, and formalize the economy, with minimal fiscal impact on government revenue.