Most Union and state government officials, experts and GoM representative have supported the proposal to remove the 12 per ...

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 Central Board of Indirect Taxes and Customs (CBIC) on Tuesday said reports of a ministerial panel’s recommendations on Goods and Services Tax (GST) rate changes on certain items, based on ...

New Delhi, Feb 3 (PTI) Finance Secretary Tuhin Kanta Pandey on Monday said enough experience has been gained with regard to implementation of GST and now the rates need to be rationalised in ...

The issue of GST rate rationalisation has been consistently addressed with the GST Council over the last six years. Various steps have been taken and issues discussed to streamline the process.

The saga merits detailing. From its inception, the GST template has been riven by multiple rates—nearly three-fourths of the revenue comes from the 18 percent slab—and confounding definitions.

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 ...

which include lowering the GST rate on all individual health insurance policies to 5 per cent, extending the exemption on health insurance for senior citizens, and introducing pure term life ...