The government aims to raise billions of rupees by withdrawing the sales tax exemptions so that all sectors pay a uniform 17% levy new duties and revise tax collection target
As well as withdrawing sales tax exemptions worth around 300 billion rupees a year, officials say a supplementary budget next week would also cut development spending
Officials state agreement is most likely to be reached in the current week, but on such conditions that may result in negatively affecting GDP growth and in a further inflationary spike