The Indian government refutes claims that GST complexities hinder business operations, stating that the tax structure follows GST Council recommendations, comprising four main slabs—5%, 12%, 18%, and ...
Ease-of-doing-business reforms would require that GST be simplified in both letter and spirit. For example, at present the GST Secretariat mandates that taxpayers report a minimum of 4 or 6 digits ...
Simplified classification and GST rate structure for automobiles and auto components, reduction of GST on hybrid vehicles, ...
As is the case every year, the build-up to Budget 2025 was filled with expectations. The Economic Survey made a clear ...
The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...
What Can Be Done - the steps to take To address the persistent challenges surrounding GST registration, urgent reforms are needed. First, the registration process must be simplified. Streamlining ...
Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...
Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...
As the union budget 2025 approaches, India’s microenterprise sector is looking forward to policy measures that improve access ...