Showing results for "#Goods and Services Tax"
GST Council to soon take decision on rates, number of slabs: FM...
Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent.
SC rejects PIL seeking enforcement of compliance rating mechanism...
6 Sept 2024GST compliance rating is a score given by the authorities and has to be calculated on the basis of several parameters such as timely filing of monthly...
Group of Ministers on rate rationalisation meets ahead of GST Council...
22 Aug 2024This will be the first meeting of the high profile GoM comprising ministers of seven states with Bihar Deputy Chief Minister Samrat Chaudhary as the...
GST collections at third-highest-ever in Jul; rise 10.3 pc to Rs 1.82...
1 Aug 2024The net Goods and Services Tax (GST) collection after adjusting refunds was over Rs 1.66 lakh crore, a growth of 14.4 per cent.
Seven years of GST saw reduced prices of daily consumables
1 July 2024A Finance Ministry study suggested that consumers saved at least four per cent of their household monthly expenses on an aggregate after GST. Thus,...
Tamil Nadu Chamber of Commerce and Industry for inclusion of petrol,...
26 Jun 2024Article 279A (5) of the Constitution provides that the GST Council shall recommend the date on which goods and services tax could be levied on...
Gaming sector’s demands not discussed at GST Council meeting
23 Jun 202428 per cent GST on skill-based online games has triggered a cascade of repercussions, including funding constraints, reduced growth trajectories, job...
Agro-food chamber calls for GST reformation
5 May 2024The AFCCI thus suggested that there should be only three GST rates, viz. 5, 10, and 15 for Goods and Services rather than a higher rate for sin goods...