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The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation on Thursday supported the Centre’s proposal ...
In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...
The GoM of state finance ministers has endorsed the Centre's proposal for a two-tier GST structure, recommending it to the ...
The report highlights that lowering taxes on traditional vehicles could erode the pricing advantage currently enjoyed by EVs, ...
According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...
A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...
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GoM backs GST simplification: Proposal to cut tax slabs to two rates, add 40% for demerit goods
The GoM supports simplifying GST to two main slabs (5% and 18%) with a special 40% rate for demerit goods. Members want to ...
"We have supported the two proposals by the Govt of India of scrapping GST slabs of 12 per cent and 28 per cent," Choudhary said after attending a meeting of the Group of Ministers (GoM) with Union ...
Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...
The highly anticipated Goods and Services Tax (GST) reforms proposal inched closer to turn into a reality after the Group of Minister (GoM) approved the Centre's proposal. The GoM on Thursday approved ...
Finance Minister Nirmala Sitharaman to explain Centre's plan for two GST slabs of 5 per cent and 18 per cent, with a 40 per ...
GST exemption for insurance for individuals is expected to result in an annual revenue loss of around Rs 9,700 crore, he ...
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