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The Government has always blown hot and cold whenever the topic of Rate Rationalisation in Goods and Service Tax (GST) has come about. From an interim report in 2022, to the constitution of a ...
In a clear signal that the GST rate rationalisation exercise is back on the Centre’s agenda after being in deep freeze, the government has reconstituted the ministerial group of the GST Council ...
With a new coalition government at the helm, a key economic reform involving GST rate rationalisation may be further delayed. Many experts feel that as rate rejig impacts inflation, there may be ...
The two ministerial panels set up by the GST Council met on Friday and discussed GST rate rationalisation and lowering tax rate on health and life insurance premiums. This was the first meeting of ...
Notably, we saw an all-time high GST collection of Rs 2.10 lakh crore in the month of April. But tax reform continues to remain mired in the complexity of multiple rates. GST collections ...
Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale". Photograph: ANI Photo She ...
The Goods and Services Tax (GST) Council is unlikely to take up any rate rationalisation at its upcoming 50th meeting to be held next month. Finance Ministry sources said that the centre is not ...