Trending:
August 20, 2025, 04:46 PM - 3 min read
The Union Finance Minister, Nirmala Sitharaman, explained to the Group of Ministers (GoM) on Wednesday the necessities of restructuring the GST tax regime; GoM on GST rate rationalisation is scheduled to meet again on August 21
Read more
June 5, 2025, 03:38 PM - 3 min read
The goods and services tax rates may be reduced from four to three, and items falling under the 12 per cent tax slab be shifted to either 5 per cent or 18 per cent slab
Read more
December 12, 2024, 04:33 PM - 3 min read
The sellers body is of the view that a fifth GST slab of 35 per cent on demerit goods such as aerated beverages, cigarettes and tobacco, and pricing-based rate structure will materially and fundamentally alter the country's GST framework with devastating outcomes.
Read more
December 3, 2024, 08:44 AM - 3 min read
The GoM on GST rate rationalisation proposed hiking sin goods tax to 35%, adjusting apparel tax slabs, and revising GST rates on various items, with final decisions pending the GST Council's December 21 meeting.
Read more
October 20, 2024, 07:24 PM - 3 min read
A GoM on rate rationalisation decided to recommend tweaks (hikes and cuts) in the GST rates on around 100 products, a move that would fetch the government additional annual revenue of Rs 22,000 crore, which is to be equally shared between the Centre and states.
Read more
October 18, 2024, 03:42 PM - 3 min read
The two ministerial panels set up by the GST Council are slated to meet on October 19 to discuss GST rate rationalisation and lowering 18 per cent tax rate on health and life insurance premiums.
Read more
September 26, 2024, 02:36 PM - 3 min read
The GoM on GST rate rationalisation has discussed tax rate tweaks on over 100 items, including lowering taxes on certain goods from 12 to 5 per cent, to give relief to the common man, West Bengal Finance Minister Chandrima Bhattacharya said on Thursday.
Read more