The Group of Ministers (GoM), tasked with recommending reforms to streamline the Goods and Services Tax (GST) structure, has submitted a draft proposal to the GST Council suggesting differential tax ...
The Group of Ministers on Rate Rationalisation gave its in-principle support Thursday to the Centre’s proposal to overhaul the Goods and Services Tax (GST) design, even as member states raised ...
Removal of the 12% and 28% slabs of the Goods and Services Tax (GST) was supported, with some suggestions, by the relevant Group of Ministers (GoM) on Thursday. It now goes to the GST Council for ...
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 ...
The proposal, placed before the six-member GoM led by Bihar Deputy Chief Minister Samrat Choudhary, aims to replace the current four rates of 5, 12, 18 and 28 per cent with just two main slabs.
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday saw states endorsing the Centre’s proposal to streamline the indirect tax system by cutting down the number of ...
The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has approved the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...
ETMarkets.com Prime Minister Narendra Modi, in his Independence Day address, had described the overhaul of the eight-year-old tax system as a “Diwali gift” to the people. This move could provide ...
A Group of Ministers (GoM) on life and health insurance deliberated on the Centre’s proposal to remove levy of Goods and Services Tax (GST) on life and health insurance premiums for individuals from ...
Finance Minister Nirmala Sitharaman will attend a crucial meeting of a state ministerial panel on August 20 to put forth the Centre’s proposal for sweeping GST reforms that will slash tax rates and ...
The group of ministers (GoM) tasked with rationalising Goods and Services Tax (GST) rates and easing compliance burdens will meet on August 20-21 to finalise its recommendations, Finance Ministry ...
A massive overhaul in India’s GST structure could be in sight, as the Group of Ministers (GoM) on rate rationalisation, now chaired by Bihar Deputy CM Samrat Choudhary, is set to meet later this week ...