News

A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...
GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.
Explainer: What the GST Council's GoM on rate rationalisation is, how it works, who its members are, and how its decisions ...
Steps following up on Prime Minister Narendra Modi's Independence Day announcement of rationalising the indirect tax regime ...
Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...
GST exemption for insurance for individuals is expected to result in an annual revenue loss of around Rs 9,700 crore, he ...
Finance Minister Nirmala Sitharaman to explain Centre's plan for two GST slabs of 5 per cent and 18 per cent, with a 40 per ...
Bihar Deputy Chief Minister and GoM Chairperson Samrat Choudhary said they would recommend the two-slab structure proposal of ...
Though the GoMs favoured the Centre’s slab rejig plan, which will benefit the common man, some members wanted ultra-luxury ...
Group of Ministers accepts the Centre's rate rationalisation proposal, which includes consolidating the slabs into two — 5 ...
The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept the Centre’s two-rate structure proposal for GST and will be ...