"We have supported the two proposals by the Govt of India of scrapping GST slabs of 12 per cent and 28 per cent," Choudhary said after attending a meeting of the Group of Ministers (GoM) with Union ...

With GST rate rationalisation, the tax on cars, two-wheelers, three-wheelers, trucks and buses will reduce to 18% from 28%.

GST Reforms., GST Rate Change: The GoM of state ministers on GST rate rationalisation on Thursday (August 21) accepted the ...

The highly anticipated Goods and Services Tax (GST) reforms proposal inched closer to turn into a reality after the Group of Minister (GoM) approved the Centre's proposal. The GoM on Thursday approved ...

Nearly two-thirds (65%) of respondents support the introduction of a tax for the wealthiest individuals (the top 0.001%) to ...

A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre's plan to reduce the number of tax slabs.

The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.

New Delhi: A major change in GST rates is on the way. In a key meeting, the Group of Ministers (GoM) on GST has approved the Centre’s proposal to simplify the tax structure. The current GST system has ...

The Group of Ministers on Thursday accepted the Central government's plan to replace current GST rates of 12% and 18% for most items with a much-lower 5% and 18% slabs, as well as a steep 40% levy on ...

The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept the Centre’s two-rate structure proposal for GST and will be ...

A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two. The existing 12% and 28% ...