The Group of Ministers (GoM) on GST rate rationalisation on Thursday endorsed the Centre’s proposal to shift to a two-slab ...

The Group of Ministers (GoM) on rate rationalisation in its meeting on Thursday decided to take forward the Centre’s proposal ...

Group of Ministers (GoM) has extended its support to the Centre’s proposals to eliminate the 12 per cent and 28 per cent slabs under the Goods and Services Tax (GST) structure, said Bihar Deputy Chief ...

According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...

What are the present GST slabs? At present, Goods and Services Tax is a 4-tier structure of 5, 12, 18 and 28 per cent. While food items are either taxed at 0 or 5 per cent, luxury and sin goods are ...

"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 ...

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 ...

Steps following up on Prime Minister Narendra Modi's Independence Day announcement of rationalising the indirect tax regime ...

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.

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.