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GOM ON GST RATIONALISATION
GoM on rate rationalisation meets to discuss Centre's GST rate cut proposalA key meeting on GST rate changes is underway in New Delhi. The Group of Ministers is considering cutting tax slabs to 5 and 18 percent. Th...- Government may scrap GST on health, life insurance under GST 2.0 reformsThe GST Council is considering exempting health and life insurance premiums for individuals, potentially leading to significant relief for ...
- New GST reforms to provide greater relief to the common man, farmers, middle class, MSMEs: Sitharaman during GoM meetNirmala Sitharaman presented GST reforms to GoMs. The plan includes slashing tax rates and easing compliance. Tax rates will be at 5 and 18...
- GST council to meet soon to discuss rate rationalisation, compensation cess futureThe Goods and Services Tax Council is expected to convene shortly in New Delhi. Discussions will focus on simplifying tax rates and rationa...
- 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...
- Cigarettes, tobacco items, aerated beverages may attract higher 35% GST; decision on Dec 21Tobacco GST Hike: The Group of Ministers on GST rate rationalisation decided to increase tax on aerated beverages, cigarettes, and tobacco ...
- GST on aerated beverages may be hiked to 35%; GST council decision on Dec 21The GoM on GST rate rationalisation has proposed increasing the tax on aerated beverages to 35% from 28% and similarly raising taxes on sin...
- GST Council to hold 55th meet on December 21 in Jaisalmer, RajasthanUnion Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council...
- Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council m...
- GoM decides to cut GST on 20-litre water bottles, bicycles to 5%; raise rate on shoes, watchesThe GoM on GST rate rationalisation has proposed lowering tax rates to 5% on 20-litre packaged drinking water bottles, bicycles, and exerci...
- Panels on GST rate rationalisation, cutting tax on insurance premium to meet on SaturdayThe GST Council's ministerial panels will meet on October 19 to discuss reducing the 18 per cent GST on health and life insurance premiums....
- Tax on 100 items to be slashed? GST's rate rationalisation panel to decide next monthThe GoM on GST rate rationalisation has discussed potential tax rate changes on over 100 items, including reducing taxes on some goods from...
- GoM on GST rate rationalisation to meet on September 25 to discuss slab, rate tweaksThe ministerial panel on GST rate rationalisation will meet on September 25 in Goa to discuss potential changes to tax slabs and rates. The...
- GST Council set to meet on Sept 9, talks on rate rationalisation to kick offAs announced by finance minister Nirmala Sitharaman during the post-budget discussion in Parliament, the newly reconstituted group of minis...
- GST rate rationalisation panel reconstituted, Bihar Dy CM Samrat Chaudhary appointed convenorBihar Deputy Chief Minister Samrat Chaudhary appointed as convenor of GoM on GST rate rationalisation. Panel includes members like UP Finan...
- Uttar Pradesh finance minister Khanna likely to be convenor of GST rate rationalisation panelUttar Pradesh Finance Minister Suresh Kumar Khanna is likely to become the convenor of the 7-member GST rate rationalization panel. Bihar F...
- Finance Ministry releases Rs 1.1 lk cr as third instalment of tax devolution to state govts"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...
- FinMin starts process for deciding on convenor of GST rate rationalisation GoMIndia's finance ministry has started the process of deciding on a new convenor of the GoM on GST rate rationalisation. The position has bee...
- Ministers meet on GST rationalisation fails to reach consensusThe seven-member ministerial group led by Karnataka chief minister Basavaraj Bommai met online to examine various options for changing tax ...
- Group of Ministers on GST rate rationalisation to meet on Jun 17GST Council is likely to meet by the end of this month and will discuss, among other things, the GoM interim report on rate rationalisation...
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