The GST Council, which will meet shortly, is expected to comprehensively review the eight-year-old regime focused on reducing tax on several consumer-focused items in the 12% bracket as well as ...

Union Finance Minister Nirmala Sitharaman has clarified that residents of smaller apartments with maintenance charges below ...

GST revival off the table as government expands the SST Short Position Saturday, 16 Nov 2024 ...

At present, the GST structure has four slabs – 5%, 12%, 18%, and 28%. Rationalisation of the Goods and Service Tax (GST) rates and change in slabs are “on the discussion table,” finance ...

However, the business community needs to find out sooner rather than later if the base or rate of the GST is to change. Craig Whatman, tax partner at Pitcher Partners, previously told SmartCompany ...

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 ...

New legislation to expand GST to include all imports is off the table for this year, says Revenue Minister Stuart Nash. Lobby groups and retailers have been pushing for the Government to implement ...