IMF Advises India To Consider Simpler GST Rate Structure
India News | Press Trust of India | Wednesday August 8, 2018
The International Monetary Fund or IMF today described the Goods and Services Tax (GST) as a "milestone reform" in India's tax policy, but pushed for a simplified structure, saying the multiple rate structure and other features could give rise to high compliance and administrative costs.
GST Rates Need Changes, Will Take A Year To Stabilise: Revenue Secretary
India News | Press Trust of India | Sunday October 22, 2017
Some rejig in GST rate structure is required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said.
Some Rejig In GST Rate Structure Required: Hasmukh Adhia
Business | Press Trust of India | Sunday October 22, 2017
The Goods and Services Tax (GST), which amalgamates more than a dozen central and state levies like excise duty, service tax and VAT, will take about a year to stabilise, he told PTI.
Cut Corporate Tax To 25%, Hike Exemption Limit To Rs 5 Lakh: Assocham
Business | Press Trust of India | Wednesday November 16, 2016
In its pre-Budget meeting with Revenue Secretary Hasmukh Adhia, Assocham demanded that since the proposed multiple Good Service Tax (GST) rate structure could increase classification disputes, therefore the categorisation of products under each duty slab should be carefully done.
Congress To Oppose 4-Tier GST Rate Structure During Winter Session
India News | Indo-Asian News Service | Tuesday November 15, 2016
Congress on Monday said that it will oppose Goods and Services Tax (GST) in the upcoming winter session of Parliament if four slabs of taxation up to 28 per cent are introduced.
How GST Rate Structure Could Impact You: 10 Things To Know
Business | Friday November 4, 2016
Once implemented, the new indirect tax regime will subsume various taxes including excise, services tax, octroi and other levies and the proceeds will be shared between the Centre and states.
GST Rate Structure Finanlised, Slabs From 5% To 28%
Business | Thursday November 3, 2016
The finance minister said that there would be two standard rates - the rates at which bulk of the goods would be taxed - of 12% and 18%.
GST Rates Decided, 4 Slabs Ranging From 5 To 28%: 10 Developments
India News | Reported by Sunil Prabhu | Thursday November 3, 2016
The new GST or Goods and Services Tax will range from 5 to 28 per cent in a four-bracket structure, Finance Minister Arun Jaitley said today.
IMF Advises India To Consider Simpler GST Rate Structure
India News | Press Trust of India | Wednesday August 8, 2018
The International Monetary Fund or IMF today described the Goods and Services Tax (GST) as a "milestone reform" in India's tax policy, but pushed for a simplified structure, saying the multiple rate structure and other features could give rise to high compliance and administrative costs.
GST Rates Need Changes, Will Take A Year To Stabilise: Revenue Secretary
India News | Press Trust of India | Sunday October 22, 2017
Some rejig in GST rate structure is required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said.
Some Rejig In GST Rate Structure Required: Hasmukh Adhia
Business | Press Trust of India | Sunday October 22, 2017
The Goods and Services Tax (GST), which amalgamates more than a dozen central and state levies like excise duty, service tax and VAT, will take about a year to stabilise, he told PTI.
Cut Corporate Tax To 25%, Hike Exemption Limit To Rs 5 Lakh: Assocham
Business | Press Trust of India | Wednesday November 16, 2016
In its pre-Budget meeting with Revenue Secretary Hasmukh Adhia, Assocham demanded that since the proposed multiple Good Service Tax (GST) rate structure could increase classification disputes, therefore the categorisation of products under each duty slab should be carefully done.
Congress To Oppose 4-Tier GST Rate Structure During Winter Session
India News | Indo-Asian News Service | Tuesday November 15, 2016
Congress on Monday said that it will oppose Goods and Services Tax (GST) in the upcoming winter session of Parliament if four slabs of taxation up to 28 per cent are introduced.
How GST Rate Structure Could Impact You: 10 Things To Know
Business | Friday November 4, 2016
Once implemented, the new indirect tax regime will subsume various taxes including excise, services tax, octroi and other levies and the proceeds will be shared between the Centre and states.
GST Rate Structure Finanlised, Slabs From 5% To 28%
Business | Thursday November 3, 2016
The finance minister said that there would be two standard rates - the rates at which bulk of the goods would be taxed - of 12% and 18%.
GST Rates Decided, 4 Slabs Ranging From 5 To 28%: 10 Developments
India News | Reported by Sunil Prabhu | Thursday November 3, 2016
The new GST or Goods and Services Tax will range from 5 to 28 per cent in a four-bracket structure, Finance Minister Arun Jaitley said today.
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