GK-2 Market Leader Urges GST Cut

Vikram Bhasin, President of the GK-2 Market Association, calls for a reduction in GST charges, citing the difficulties tenants face paying 18% GST on high rents. He shares his expectations for the Union Budget 2024.

Sumit Kumar

07 Jul 2024 20:10 IST

New Update

By A Staff Reporter

New Delhi: GK-2 Market Association President Vikram Bhasin voiced his concerns about the high GST charges on rental properties during a recent statement.

"We want GST charges to be reduced as it is very difficult for tenants to pay 18 per cent of GST where rents are very high," Bhasin said, highlighting a significant challenge faced by businesses in high-rent areas.