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 ...

As is the case every year, the build-up to Budget 2025 was filled with expectations. The Economic Survey made a clear ...

Simplified classification and GST rate structure for automobiles and auto components, reduction of GST on hybrid vehicles, simplified refund procedure for electric vehicles manufacturers would be requ ...

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 ...

Discussions between Centre and states have taken place to undertake not just GST rate rationalisation but also simplify the structure, with a particular focus on doing away with the 12 per cent slab, ...

Finance minister Nirmala Sitaraman has offered to further simplify and rationalise the Goods and Services Tax (GST) structure ...

Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...

Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...