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GST SLAB ANNOUNCEMENTS
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
PM Modi to address the nation at 5 pm todayNarendra Modi, the Prime Minister, will address the nation this Sunday. The address is scheduled for 5 PM. This announcement arrives before...
GST: Once branded Gabbar Singh Tax, it turns out to be Good and Simple TaxInitially criticised as the 'Gabbar Singh Tax' by the opposition, India's Goods and Services Tax (GST) has undergone significant evolution ...
GST on mobile phones after reforms: Will your next phone get cheaper?India's GST revamp, effective September 22, simplifies tax slabs to boost spending, but mobile phones remain taxed at 18%, despite industry...
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...
GST reforms: Congress says it is vindicatedThe Congress party asserts vindication in its critique of the Goods and Services Tax (GST), following Prime Minister Modi's pledge to simpl...
GST reforms to boost affordability and consumption across sectors: ReportGST reforms are coming soon. Systematix Research reports that food, consumer durables, and automobiles will benefit. Construction, healthca...
Prime Minister Narendra Modi's GST reform push wins industry praisePrime Minister Narendra Modi unveils major GST reforms. The government plans to revamp the GST structure. Current 12% and 28% slabs may be ...
India to simplify GST: Finance Ministry proposes two-slab system with special rates only for select itemsThe Finance Ministry has proposed a simplified two-tier GST system with standard and merit slabs, along with special rates for select goods...
GST reforms: Govt mulls 5% slab for common man items; Luxury, sin goods to face 40% taxThe Centre is contemplating a significant GST overhaul, proposing a simplified structure with primary slabs of 5% and 18%, alongside a 40% ...
Feasible & prudent to have three GST slabs: CBIC chiefIndia's GST structure is set to move towards three tax rate slabs, according to CBIC chairman Sanjay Kumar Agarwal. The GST Council will fi...
Citing Singapore model, experts bat for cutting multiple GST rates in IndiaWhile India has multiple slabs to charge the indirect tax, Singapore has only one tax rate under GST. GST introduction in India has the pot...
GST Council meet: Here's what will become cheaper for youFM Jaitley said that the recommendations by the fitment panel were considered in today's meet.
Rationalisation of GST on the cards: MoS financeCurrently, the GST has four rates of 5%, 12%, 18% and 28%. GST Council had, in its meeting in January, decided to slash the GST rate on 54 ...
Granite industry calls for reduction in 28 per cent GSTAccording to JIGANI Granite Industries Owners Welfare association, prices would go up after the implementation of the Goods and Services Ta...
Daily-use items to become cheaper, say FMCG companiesThe announcement of the GST rates has brought cheer to at least some consumer goods firms, which expect the decision to help boost consumpt...
GST to fuel consumption, say FMCG companiesThe GST slabs announced so far indicate that mass consumption items will be taxed lower, said Saugata Gupta, managing director at Marico.
GST rates: Chidambaram sees 'room for improvement'He said in general the government was going on the path "we (Congress) had indicated in our Parliament debates.
How pocket-friendly will GST be for youHowever, some other products such as bottled water, bathing soap, LED TV and split AC may see a rise in price.