Searched for
GST SIMPLIFICATION PROPOSALS
Next-gen GST reforms: Single registration, easier input tax credit among key MSME demandsThe 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing the compli...
GST Council may scrap arrest provisions, fast-track refunds with 90% automatic payoutThe upcoming 57th GST Council meeting on October 7 is set to unveil transformative proposals that could reshape GST regulations. Key sugges...
PM Modi welcomes GST council’s approval of rate cuts, says changes will benefit every section of societyThe GST Council, with PM Modi's endorsement, has approved comprehensive GST reforms, including rate rationalization and process simplificat...
ET Graphics | G 2.0: A reform storyThe Goods and Services Tax Council is set to commence a two-day meeting on Wednesday to discuss significant reforms to the GST structure, w...
Prime Minister Narendra Modi urges states to cooperate in implementing proposed GST reformsPrime Minister Narendra Modi announced the Centre's circulation of the next-generation GST reforms draft to states, seeking their cooperati...
GST 2.0 reforms: Centre mulls extra duty on tobacco, states want shareTo maintain overall taxation on tobacco products post GST 2.0 reforms, the Centre may impose additional excise or special duty above the pr...
Congress seeks GST official discussion paper on the proposed restructureThe Congress party has urged the government to release an official discussion paper on the proposed GST restructure, dubbed "GST 2.0." The ...
Major GST reset on the cards? Council mulls scrapping 12% slab, lowering tax on insurance, says reportThe GST Council is preparing for a major review, potentially reshaping tax rates on consumer goods and addressing the compensation cess arr...
More tax relief? Centre may push for a leaner GST machineThe Centre plans to simplify the GST structure by revamping slabs for better implementation and compliance. The focus will be on rationalis...
42nd GST Council meeting: Compensation cess extended beyond 2022, say sourcesThe rift between BJP ruled and opposition led states may widen with the former set to seek faster disbursement of funds through the special...
GST Council approves increased borrowing limit of Rs 1.1 lakh crore under option 1The Centre had proposed an increased borrowing limit in the ongoing 42nd goods and services tax (GST) Council meeting headed by finance min...
Right time to expand GST coverage to all sectors; converge tax slabs: India IncThe all-powerful GST Council Friday extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of ...
35th GST council meet: Single return for all businesses from January 1, 2020The GST Council also extended the date for filing annual returns under the GST by two months to August 30.
Revision in rates along with other key decisions likely as 28th meeting of GST Council beginsA number of key decisions are likely to be taken at the meeting including revision in slabs for almost three dozen items.
GST Council meet tomorrow; simplification of return form on agendaThe Union Finance Minister Arun Jaitley-chaired council, comprising state finance ministers, will meet through video conferencing.
Digital payment sops, easier filing of returns, GSTN recast on agendaThe proposal entails providing up to 2% concession in GST rates (1% each under central and state GST) for business-to-consumer supplies wit...
GST Council meet on May 4, simplifying returns on agendaThe 27th meeting of the Council will be held through video conferencing and will also mull over the proposal of converting GSTN into a gove...
CII seeks easier GST compliance procedures in BudgetAccording to CII, simplification of GST compliances would result in higher number of returns filed, increased collection of revenues, and e...
GST reboot: A degree of comfort for India Inc, a call to help ease transitionThe tax rate for all restaurants, barring those in luxury hotels, was trimmed to 5%, without any input tax credit.
India Inc hopes for more cheer from GST councilThere is good news on readiness of supply chain involving distributor and retailers with a strong majority of the respondents i.e 72% 'fair...