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Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...
India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
Indian Prime Minister Narendra Modi's government on Friday announced a plan to lower rates and simplify its goods and ...
The Group of Ministers, a key decision-making panel on Goods and Services Tax (GST), has approved the Centre's proposal to ...
NEW DELHI: India’s federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers’ panel has endorsed the new rate ...
Prime Minister Narendra Modi has proposed a significant GST reform to reduce consumption levies on everyday goods and small ...
The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...
The Pioneer on MSN7hOpinion

Gabbar Singh Tax or Good and Simple Tax

When I was a young journalist in Bombay (now Mumbai), there was an event that evoked a lot of humour and pained resignation.
Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system into a simpler two-tier model — 5 per cent for merit goods and services ...
The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...
The panel is tasked with reviewing the Centre’s proposal to move 99 per cent of goods currently taxed at 12% to the 5% slab and 90 per cent of goods and services in the 28% slab to the 18% bracket.