A ministerial panel on GST is considering reducing rates on essential items like medicines and tractors to 5%. Health and term insurance ma...

The ministerial panel on GST rate rationalisation will meet on September 25 in Goa to discuss potential changes to tax slabs and rates. The...

Bihar Deputy Chief Minister Samrat Chaudhary appointed as convenor of GoM on GST rate rationalisation. Panel includes members like UP Finan...

Uttar Pradesh Finance Minister Suresh Kumar Khanna is likely to become the convenor of the 7-member GST rate rationalization panel. Bihar F...

"One advance instalment in addition to the regular instalment due in June 2023 is being released to States to enable them to speed up capit...

India's finance ministry has started the process of deciding on a new convenor of the GoM on GST rate rationalisation. The position has bee...

The Group of Ministers will, however, present a status report to the GST Council on the consensus which was arrived at the previous meeting...

The council meeting assumes significance as it is expected to discuss the report of the panel of state ministers on rate rationalisation an...

GST Council is likely to meet by the end of this month and will discuss, among other things, the GoM interim report on rate rationalisation...

Stating that views have not been sought from states on hiking rates on 143 items, sources said, there is also no proposal to shift more tha...

The GST Council in its next meeting may look at raising the lowest tax slab to 8 per cent, from 5 per cent, and prune the exemption list in...

Currently, GST is a four-tier slab structure of 5, 12, 18 and 28%. Essential items are either exempted or taxed at the lowest slab, while l...

Sources said the Fitment committee, comprising tax officers from states and the centre, has made many "sweeping" recommendations regarding ...

The goods and services tax council secretariat Monday notified the setting up of two GoM, one to look into the rate structure and another t...

The 7-member panel, which would submit a report in two months, would be headed by Karnataka Chief Minister Basavaraj Bommai and include Wes...

The Council has been meeting every month since the GST regime, which amalgamated over a dozen central and state taxes, was introduced on Ju...

If implemented, this could mean a more expensive grocery bill as a host of packaged food items like sweetmeats, cheese, butter, noodles, ke...