tax slabs

Hotel rooms-casinos: Services facing 12%, 28% GST in focus

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Team GST is convening to address the tax slabs on various services, including hotel rooms, air travel, and banking, with potential rate adjustments under consideration. ...

GST reforms: Slab cuts to simplify taxes, lower prices and boost consumption, says BoB report

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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 rationalisation proposed! Lower slabs to lift domestic consumption, aid essentials & durables— what do economists say

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Economists believe that the government’s proposed GST rationalisation will bolster domestic consumption, providing crucial support to the Indian economy amidst global headwinds like US tariffs. ...

GST rates to come down drastically! 99% of items in 12% bracket may move to 5%; here’s how you will benefit

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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%. ...

ITR filing FY 2024-25: New versus old income tax regime – what helps you save more tax? Check calculations before filing return

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ITR filing FY 2024-25: Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...