News

The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to ...
Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
GoM supports Centre's proposal to simplify GST slabs, but opposition states seek clarity on revenue loss and compensation measures.
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister ...
GST GoM approves Centre’s proposal to replace 4-tier system with 5% and 18% slabs; luxury goods to face 40% tax.
GoM backs GST 2.0, cutting slabs to 5% and 18%, promising tax relief for households, farmers, MSMEs and businesses. | One of ...
The panel is tasked with reviewing the Centre’s proposal to move 99 per cent of goods currently taxed at 12% to the 5% slab and 90 per cent of goods and services in the 28% slab to the 18% bracket.
The GoM on GST rate rationalisation has accepted the Centre’s proposal to collapse 12% and 28% slabs into a two-slab structure of 5% and 18%, with 40% on luxury and sin goods.
Bihar Deputy Chief Minister Samrat Choudhary, who is the convenor of the GoM on rate rationalization, said the GoM has ...
Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system into a simpler two-tier model — 5 per cent for merit goods and services ...
The GoM of state ministers on GST rate rationalisation on Thursday accepted the Centre's proposal to move to a two-slab structure of 5 and 18 per cent. The six-member state ministerial panel has also ...
The Group of Ministers (GoM) on GST rate rationalisation on Thursday endorsed the Centre’s proposal to shift to a two-slab ...