RNR Report under GST in India
With perspective of GST in India, Revenue Neutral Rate (RNR) is a factor to balance tax revenue of government when GST implements in India. Any government, while extending schemes, exemptions and other tax rate concession, the RNR rate has to be taken in to consideration. Although India consists of different federal states and various exemptions and threshold limit exists in different states, RNR has been derived by taking in to consideration of different economic measures.
The Government of India has announced Report on the Revenue Neutral Rate and structure of Rates for the Goods and Services Tax (GST) and you may click below to read the same:
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