Gst Rate Structure
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'States Likely To Lose Rs 1.5 Lakh Crore Due To GST 2.0': Karnataka Minister To NDTV
Karnataka Revenue Minister Krishna Byre Gowda said that while he supports the new GST structure that came into effect on Monday, it is likely to cause a revenue loss of at least 1 to 1.5 lakh crores to states.
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"Trust-Based Tax System": Amit Shah To NDTV On New GST Structure
Union Home Minister Amit Shah has said the new GST structure, which came into effect today, is a "trust-based tax system" that would increase both production and consumption in the country.
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New GST Rates Highlights: GST 2.0 Takes Effect, Food, Cars, TVs Become Cheaper
GST 2.0 Rates Highlights: The new Goods and Services Tax rates have taken effect today, with many items, including daily food and essentials, as well as life and health insurance policies, becoming cheaper.
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GST 2.0 Tax Cuts Kick In, What You Need To Know: 10 Points
The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts.
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Piyush Goyal Urges Industry To Pass On GST 2.0 Benefits To Consumers
Union Commerce and Industry Minister Piyush Goyal has urged industries to make sure they pass on complete GST rate rationalisation benefits to consumers, as India's indirect tax structure is set to undergo a massive transformation from September 22.
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GST Reforms 2025: What's In It For Education Sector? Here's All You Need To Know
GST Reforms 2025: The new GST structure will have two slabs of taxes, 5 per cent and 18 per cent, with sweeping rate cuts across agriculture, MSMEs, healthcare, labour-intensive industries, and households.
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GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
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Congress' Post On Bihar, Bidis Sparks Row, BJP Calls It "Insult To Entire State"
In a now-deleted post on X, the Congress said that "Bidis and Bihar start with B" and "cannot be considered a sin anymore", referring to the GST cut on the tobacco product.
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Here's How New GST Slabs Affect Car Prices In India
The Union Minister announced the new GST structure for the country, bringing the GST rate on smaller cars down to 18 per cent.
-
New GST Reform Will Boost Consumer Sentiment, Industry Confidence: Deloitte
The GST revamp that slashes tax rates on goods and services into a simplified two-slab structure addresses deeper structural changes, prioritising the "real drivers of the economy", says Deloitte India.
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What Gets Cheaper And Costlier From September 22 Under Revised GST Rates
The GST Council on Wednesday approved historical changes to India's indirect tax structure - adopting a 5 per cent and 18 per cent tax structure - and several daily-use goods will become cheaper from September 22.
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GST Reforms Structural, Will Benefit Middle Class, Farmers: Nirmala Sitharaman
GST reforms are not just for rationalising rates but structural too, Nirmala Sitharaman said on Wednesday, adding that the decision of the GST Council has been taken with full consensus and all ministers supported rate rationalisation.
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Will Benefit Common Man, Farmers, Middle-Class: PM Modi On GST Overhaul
In a historic step toward overhauling India's indirect tax system, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved sweeping rate rationalisation reforms.
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New Rates, Relief On Daily Use Items On GST Council Agenda
The Goods, Services Tax Council, led by Finance Minister Nirmala Sitharaman, begins a two-day meet today eto discuss a shift to a two-slab system expected to slash prices of daily-use items by reducing the brackets under which most goods are taxed.
-
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.
-
'States Likely To Lose Rs 1.5 Lakh Crore Due To GST 2.0': Karnataka Minister To NDTV
Karnataka Revenue Minister Krishna Byre Gowda said that while he supports the new GST structure that came into effect on Monday, it is likely to cause a revenue loss of at least 1 to 1.5 lakh crores to states.
-
"Trust-Based Tax System": Amit Shah To NDTV On New GST Structure
Union Home Minister Amit Shah has said the new GST structure, which came into effect today, is a "trust-based tax system" that would increase both production and consumption in the country.
-
New GST Rates Highlights: GST 2.0 Takes Effect, Food, Cars, TVs Become Cheaper
GST 2.0 Rates Highlights: The new Goods and Services Tax rates have taken effect today, with many items, including daily food and essentials, as well as life and health insurance policies, becoming cheaper.
-
GST 2.0 Tax Cuts Kick In, What You Need To Know: 10 Points
The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts.
-
Piyush Goyal Urges Industry To Pass On GST 2.0 Benefits To Consumers
Union Commerce and Industry Minister Piyush Goyal has urged industries to make sure they pass on complete GST rate rationalisation benefits to consumers, as India's indirect tax structure is set to undergo a massive transformation from September 22.
-
GST Reforms 2025: What's In It For Education Sector? Here's All You Need To Know
GST Reforms 2025: The new GST structure will have two slabs of taxes, 5 per cent and 18 per cent, with sweeping rate cuts across agriculture, MSMEs, healthcare, labour-intensive industries, and households.
-
GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
-
Congress' Post On Bihar, Bidis Sparks Row, BJP Calls It "Insult To Entire State"
In a now-deleted post on X, the Congress said that "Bidis and Bihar start with B" and "cannot be considered a sin anymore", referring to the GST cut on the tobacco product.
-
Here's How New GST Slabs Affect Car Prices In India
The Union Minister announced the new GST structure for the country, bringing the GST rate on smaller cars down to 18 per cent.
-
New GST Reform Will Boost Consumer Sentiment, Industry Confidence: Deloitte
The GST revamp that slashes tax rates on goods and services into a simplified two-slab structure addresses deeper structural changes, prioritising the "real drivers of the economy", says Deloitte India.
-
What Gets Cheaper And Costlier From September 22 Under Revised GST Rates
The GST Council on Wednesday approved historical changes to India's indirect tax structure - adopting a 5 per cent and 18 per cent tax structure - and several daily-use goods will become cheaper from September 22.
-
GST Reforms Structural, Will Benefit Middle Class, Farmers: Nirmala Sitharaman
GST reforms are not just for rationalising rates but structural too, Nirmala Sitharaman said on Wednesday, adding that the decision of the GST Council has been taken with full consensus and all ministers supported rate rationalisation.
-
Will Benefit Common Man, Farmers, Middle-Class: PM Modi On GST Overhaul
In a historic step toward overhauling India's indirect tax system, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved sweeping rate rationalisation reforms.
-
New Rates, Relief On Daily Use Items On GST Council Agenda
The Goods, Services Tax Council, led by Finance Minister Nirmala Sitharaman, begins a two-day meet today eto discuss a shift to a two-slab system expected to slash prices of daily-use items by reducing the brackets under which most goods are taxed.
-
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.
