Reforms, relief and resolutions: Key takeaways from the 56th GST Council
GST reforms: Beyond the mere revamp of the existing slab structure, a series of far-reaching structural reforms are poised to address long-standing complexities within the ...
GST rate cuts announced by FM Sitharaman! 5% and 18% to be two main slabs; new rates effective September 22
Finance Minister Nirmala Sitharaman announced significant GST rate cuts following the 56th GST Council meeting, implementing a two-tier structure of 5% and 18% effective September ...
GST council meeting underway: What will become cheaper & dearer after GST slab changes? Top things to expect
The 56th GST Council meeting, presided over by Nirmala Sitharaman, is set to introduce significant changes to India’s indirect taxation framework. The council is considering ...
GST revamp: Council meet to weigh big rate rejig; 5% EV tax as opposition states push hard on revenue loss
The Centre is advocating for a 5% GST on electric vehicles as part of a broader tax overhaul, aiming to simplify the GST structure to ...
GST reforms: Slab cuts to simplify taxes, lower prices and boost consumption, says BoB report
India is poised to overhaul its GST structure, reducing tax slabs from four to two. This reform aims to lower rates on essential goods and ...
GST revamp on track: GoM backs Centre’s two-slab plan; accepts scrapping 2% and 28% rates
A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two. The existing 12% ...
GST rates to come down drastically! 99% of items in 12% bracket may move to 5%; here’s how you will benefit
The Centre’s proposed GST revamp is set to significantly alter tax slabs, with approximately 90% of items from the 28% bracket potentially moving to 18%. ...
Group of ministers on GST to meet next week
GST Overhaul: Are Simpler Taxes on the Horizon? The Goods and Services Tax (GST), India’s most ambitious indirect tax reform, is once again under the ...
GST revamp on the cards! PMO gives go-ahead for major overhaul of Goods and Services Tax; 12% tax slab may be removed
India’s Goods and Services Tax (GST) is poised for a major overhaul since its 2017 launch. A key change involves potentially moving items from the ...
