In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...

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

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

Steps following up on Prime Minister Narendra Modi's Independence Day announcement of rationalising the indirect tax regime ...

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

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

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

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 ...

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 ...

Meeting of the GoM on GST rate rationalisation on Thursday saw states endorsing the Centre’s proposal to streamline the indirect tax system ...

The recommendation comes after the Central Government, on August 15, put forward a major GST reform plan focusing on mainly three areas - structural changes, rate simplification, and ease of living.