GST revamp: Centre, states equal stakeholders! Govt clarifies concerns over impact on state revenues
The Centre is proposing a two-slab ‘Next Gen GST’ structure, sparking revenue concerns. Government sources clarify that the Centre and states share revenue equally, anticipating ...
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%. ...
