A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...

The GoM supports simplifying GST to two main slabs (5% and 18%) with a special 40% rate for demerit goods. Members want to ...

The Centre has proposed reforms in GST by reducing the number of slabs under Goods and Services Tax (GST) to 2 (5 and 18%) ...

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

In a significant move in the process of further simplifying India’s tax framework, the Group of Ministers (GoM) has ...

Though the GoMs favoured the Centre’s slab rejig plan, which will benefit the common man, some members wanted ultra-luxury ...

GST exemption for insurance for individuals is expected to result in an annual revenue loss of around Rs 9,700 crore, he ...

Explainer: What the GST Council's GoM on rate rationalisation is, how it works, who its members are, and how its decisions ...

According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...

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 ...