The all-powerful GST Council, headed by Finance Minister Nirmala Sitharaman, announced a slew of indirect tax reform measures last night, dubbing them ‘Next-Gen GST reforms’. One of the much-expected ...
The 56th meeting of the Goods and Services Tax (GST) Council set out to recalibrate India’s GST rate structure, lower the GST burden on the common man, and improve ease of doing business in India. The ...
The recent rationalisation of GST into just two slabs has been greeted with exuberant claims that it will lower prices, spur demand, and unleash a wave of growth. Since private consumption accounts ...
NEW DELHI: Eight years after the rollout of the Goods and Services Tax (GST), revenues from the unified indirect tax system continue to lag behind the levels of taxes it replaced, according to a new ...
Finance Minister Nirmala Sitharaman on Thursday said most of the sectors have expressed their intentions to pass on the GST rate cut benefits to customers, stating that it will result in higher ...