The Goods and Services Tax (GST) Council is unlikely to take up rationalisation of tax slabs or tax rates in its next meeting, scheduled to be held in March. It, however, is likely to address the ...

Tax experts have broadly welcomed the Centre’s proposal for a two-tier GST rate structure, saying it will simplify the system and boost consumption while cautioning that critical issues such as ...

New Delhi: Under its latest rate rationalization exercise packaged as next-gen reforms, the GST Council has proposed to bring down medical devices under the 5 per cent bracket of the new two-titer ...

Industry sees a single 5 per cent slab across textiles as crucial to ease inverted duty pain, free up cash, and revive growth momentum As the Modi government is preparing for a fresh round of changes ...

The Finance Ministry has said that the Central Government has sent its proposal on GST rate rationalisation and reforms to the Group of Ministers (GoM) constituted by the GST Council to examine this ...

The Goods and Services Tax (GST) Council has finally spoken its mind about the GST 2.0 package of reforms mooted by the Centre and earlier adopted by the Group of Ministers (GoM) tasked with the work ...

The group of ministers (GoM) reviewing the goods and services tax (GST) rates will meet virtually on Friday to discuss the proposed rejig in tax slabs, even as it may seek six more months to finalise ...