GST Council accepts Union government's proposal to simplify GST structure, reduce tax rates, and rationalize slabs for ...

The 56th meeting of the GST Council, slated for September 3-4, will decide on the GoM’s proposal to retain two slabs ...

Even when the move is welcomed as a step towards tax simplification, the GST framework lacks strengths in many other policy ...

The meeting chaired by FM Nirmala Sitharaman will review GoM proposals, including reducing GST rates to 5% and 18%, with 40% ...

Currently, India follows a four-slab GST system — 5 per cent, 12 per cent, 18 per cent and 28 per cent — along with an additional cess on sin and luxury goods.

Proposed GST cuts on petrol and diesel vehicles could reduce EVs price advantage, slowing adoption while causing major ...

The focus in the GST Council meeting will of course be on which items and services will move to different slabs. But the ...

The aim, they say, is to minimise trade disruption and provide clear directives to companies on pricing and stock adjustments ...

The Goods and Services Tax (GST) Council will convene its 56th meeting on 3–4 September in New Delhi, the Council said in a memorandum issued late Friday (22 August) , The Hindu reported.

As the festive season approaches, auto sales may face challenges due to consumer uncertainty surrounding proposed GST cuts, ...

GST reduction is a welcome thing, but in the interim, it will cause some pain, according to B Thiagarajan, Managing Director, Blue Star.

The 56th meeting of the GST Council, slated for September 3-4, will decide on the Group of Minister’s (GoM) proposal to ...