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The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation on Thursday supported the Centre’s proposal ...
In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...
The GoM supports simplifying GST to two main slabs (5% and 18%) with a special 40% rate for demerit goods. Members want to ...
A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...
The GoM of state finance ministers has endorsed the Centre's proposal for a two-tier GST structure, recommending it to the ...
GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.
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 ...
Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...
The Centre has proposed reforms in GST by reducing the number of slabs under Goods and Services Tax (GST) to 2 (5 and 18%) ...
The proposal, placed before the six-member GoM led by Bihar Deputy Chief Minister Samrat Choudhary, aims to replace the ...
The Aam Aadmi Party (AAP)-led Punjab government has demanded the immediate release of its pending Rs 50,000 crore from the Centre, even as it agreed to the proposed GST rate cuts during the recent ...
Though the GoMs favoured the Centre’s slab rejig plan, which will benefit the common man, some members wanted ultra-luxury ...