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Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...
No recovery of outstanding GST ( Goods and Services Tax ) demand could be made once a taxpayer deposited the statutory pre-deposit under Section 112(8) of the CGST Act and filed an undertaking to ...
Indian Prime Minister Narendra Modi will likely face tough negotiations with states, who are expected to shoulder the bulk of ...
India’s Prime Minister Narendra Modi on Friday said the nation will announce reforms in Goods and Services Tax in the coming ...
The potential tax restructuring, if approved, would involve scrapping two existing GST slabs and modifying rates for both ...
The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...
Under Centre’s proposed plans, government wants to reduce the current rate structure to just two slabs of 5 percent and 18 percent, removing 12 percent and 28 percent rate tiers.
The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...
India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates ...
Indian Prime Minister Narendra Modi's government on Friday announced a plan to lower rates and simplify its goods and ...
The Group of ministers (GoM) appointed for the upcoming Goods and Services Tax (GST) reforms has endorsed a major rate ...