The Dual saga of 28% & Compensation Cess

The rate rationalization is set to adjust from 12% to either 5% or 18%, with the additional rate remaining at 28%. A potential reevaluation of the rate currently at 28%, is on the horizon. Notably, the compensation cess is approaching the sunset clause by March 2026. In this position paper from J the App by JustIDT, the focus is on exploring the feasibility of merger of 28% rate with that of the compensation cess as part of the anticipated rationalization.