Goods And Services Tax Slab
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Nirmala Sitharaman Likely To Place GST Rate Overhaul Proposal Tomorrow
Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) rates before a Group of Ministers (GoM) at a two-day meeting starting August 20 in the national capital.
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Centre, States Equal Stakeholder In GST, Revenues Shared Equally: Report
Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.
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Centre Proposes Reducing GST Slabs From 4 To 2, May Retain 5%, 18%: Sources
The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained - 5 per cent and 18 percent - as per sources.
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GST Relief For Middle Class Soon: Cheaper Toothpaste, Utensils, Clothes, Shoes
After a series of income tax concessions earlier this year, the Centre is now preparing to extend relief to middle and lower-income households in the form of a reduction in Goods and Services Tax (GST), sources have said.
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GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
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#HandsOffPorotta Trends As Debate On Roti vs Parotta GST Slabs Heats Up
The government's move to put parotta on a higher bracket than roti under the goods and services tax or GST has angered people on social media, who pointed out that both are similarly prepared flat breads and a staple of most Indian meals.
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Election 2019: Rahul Gandhi Says Committed To GST 2.0 - Single Tax, Simple Filing
Congress president Rahul Gandhi Thursday said if voted to power, his party was committed to simplifying the Goods and Services Tax (GST) by introducing a single tax slab and reducing the number of tax filings from 12 to four in a financial year.
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GST Single Slab Idea "Stupid"? Congress, BJP's Topic Of Twitter Debate
An intense debate raged between senior BJP and Congress leaders after Finance Minister Arun Jaitley shot down Congress chief Rahul Gandhi's idea of a single-slab Goods and Services Tax (GST) as "stupid".
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Now PM Using Congress's "Grand Stupid Thought": Rahul Gandhi's Dig On GST
After two days of insisting that Prime Minister Narendra Modi is asleep, Congress chief Rahul Gandhi today claimed his party has managed to wake him up over the Goods and Services tax. Mr Gandhi, who once dubbed the government's flagship one tax regime "Gabbar Singh Tax" after the famous villain in Bollywood blockbuster Sholay, hit back with the Pr...
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"If Elected, We Will Give You GST, Not Gabbar Singh Tax": Rahul Gandhi
Congress President Rahul Gandhi today slammed the Goods and Services Tax as "Gabbar Singh Tax" and said that one slab GST would be implemented when the "Congress party-Government" comes to power at the Centre.
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Slabs May Reduce To 3 As GST Simplifies In Long-Term: Sanjeev Sanyal
In the long-term, Goods and Services Tax (GST) slabs may come down to three, in addition to the exempted category, Sanjeev Sanyal, Principal Economic Adviser to the Finance Ministry, today said.
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Single GST Rate Not Possible In A Country Like India: Piyush Goyal
Union Finance Minister Piyush Goyal today said that the proposal of some political parties for a single GST rate slab was a "ridiculous suggestion".
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GST Council Meeting Live: 50 Of Over 220 Items Stay Under 28% GST Slab
The 23rd GST Council Meeting headed by Union Finance Minister Arun Jaitley is meeting in Assam's capital Guwahati today to review the GST rates under the national sales tax
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GST Rates: Shampoo, Chocolate, Eating Out Cheaper After Big GST Cut - 10 Facts
Union Finance Minister Arun Jaitley on Friday announced a big overhaul of new national tax GST, saying only 50 items will remain in the highest tax slab of 28 per cent, with 178 others moved to the 18 per cent bracket effective November 15. Dining out will also become cheaper, with food at all restaurants in the country, except those in starred hot...
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GST Rates For Hybrid Vehicles May Be Reduced
On July 1, 2017, the Government of India rolled out the Goods and Services Tax reforms. GST, one of the biggest economic reforms in recent Indian history had several implications with certain products and services becoming considerably more expensive as compared to earlier. The auto industry though rejoiced as the new country wide rates made it eas...
-
Nirmala Sitharaman Likely To Place GST Rate Overhaul Proposal Tomorrow
Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) rates before a Group of Ministers (GoM) at a two-day meeting starting August 20 in the national capital.
-
Centre, States Equal Stakeholder In GST, Revenues Shared Equally: Report
Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.
-
Centre Proposes Reducing GST Slabs From 4 To 2, May Retain 5%, 18%: Sources
The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained - 5 per cent and 18 percent - as per sources.
-
GST Relief For Middle Class Soon: Cheaper Toothpaste, Utensils, Clothes, Shoes
After a series of income tax concessions earlier this year, the Centre is now preparing to extend relief to middle and lower-income households in the form of a reduction in Goods and Services Tax (GST), sources have said.
-
GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
-
#HandsOffPorotta Trends As Debate On Roti vs Parotta GST Slabs Heats Up
The government's move to put parotta on a higher bracket than roti under the goods and services tax or GST has angered people on social media, who pointed out that both are similarly prepared flat breads and a staple of most Indian meals.
-
Election 2019: Rahul Gandhi Says Committed To GST 2.0 - Single Tax, Simple Filing
Congress president Rahul Gandhi Thursday said if voted to power, his party was committed to simplifying the Goods and Services Tax (GST) by introducing a single tax slab and reducing the number of tax filings from 12 to four in a financial year.
-
GST Single Slab Idea "Stupid"? Congress, BJP's Topic Of Twitter Debate
An intense debate raged between senior BJP and Congress leaders after Finance Minister Arun Jaitley shot down Congress chief Rahul Gandhi's idea of a single-slab Goods and Services Tax (GST) as "stupid".
-
Now PM Using Congress's "Grand Stupid Thought": Rahul Gandhi's Dig On GST
After two days of insisting that Prime Minister Narendra Modi is asleep, Congress chief Rahul Gandhi today claimed his party has managed to wake him up over the Goods and Services tax. Mr Gandhi, who once dubbed the government's flagship one tax regime "Gabbar Singh Tax" after the famous villain in Bollywood blockbuster Sholay, hit back with the Pr...
-
"If Elected, We Will Give You GST, Not Gabbar Singh Tax": Rahul Gandhi
Congress President Rahul Gandhi today slammed the Goods and Services Tax as "Gabbar Singh Tax" and said that one slab GST would be implemented when the "Congress party-Government" comes to power at the Centre.
-
Slabs May Reduce To 3 As GST Simplifies In Long-Term: Sanjeev Sanyal
In the long-term, Goods and Services Tax (GST) slabs may come down to three, in addition to the exempted category, Sanjeev Sanyal, Principal Economic Adviser to the Finance Ministry, today said.
-
Single GST Rate Not Possible In A Country Like India: Piyush Goyal
Union Finance Minister Piyush Goyal today said that the proposal of some political parties for a single GST rate slab was a "ridiculous suggestion".
-
GST Council Meeting Live: 50 Of Over 220 Items Stay Under 28% GST Slab
The 23rd GST Council Meeting headed by Union Finance Minister Arun Jaitley is meeting in Assam's capital Guwahati today to review the GST rates under the national sales tax
-
GST Rates: Shampoo, Chocolate, Eating Out Cheaper After Big GST Cut - 10 Facts
Union Finance Minister Arun Jaitley on Friday announced a big overhaul of new national tax GST, saying only 50 items will remain in the highest tax slab of 28 per cent, with 178 others moved to the 18 per cent bracket effective November 15. Dining out will also become cheaper, with food at all restaurants in the country, except those in starred hot...
-
GST Rates For Hybrid Vehicles May Be Reduced
On July 1, 2017, the Government of India rolled out the Goods and Services Tax reforms. GST, one of the biggest economic reforms in recent Indian history had several implications with certain products and services becoming considerably more expensive as compared to earlier. The auto industry though rejoiced as the new country wide rates made it eas...
