News

The GST Council’s Group of Ministers (GoM) has proposed a major reform—removing the 12% and 28% slabs and retaining only two ...
Under the new plan, the Centre has proposed a separate 40% GST slab for demerit and ultra-luxury items; Check list ...
A panel of ministers from different states on Thursday in principle approved the Centre’s proposed sweeping GST reforms ...
In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...
As the government considers an overhaul of GST rates across industries, the insurance sector has emerged as a key area under ...
The Group of Ministers (GoM) on GST rate rationalisation on Thursday accepted the Centre’s proposal to restructure the indirect tax system by reducing the number of slabs to two ie 5 percent and 18 ...
The Centre has proposed reforms in GST by reducing the number of slabs under Goods and Services Tax (GST) to 2 (5 and 18%) ...
The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.
HYDERABAD: Deputy Chief Minister Mallu Bhatti Vikramarka said that the proposal of rate rationalisation and reduction of tax ...
GoM backs Centre’s plan to merge 12% and 28% GST into 5% and 18% slabs, with a proposed 40% rate on luxury and sin goods.
A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...