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MERIT GST RATE
IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...- Another 25 bps rate cut best possible option for RBI: SBI studyThe Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may announce a 25 basis points (bps) cut in its September policy mee...
- GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI reportSBI's research indicates that GST reforms, including rate reductions, will result in a minimal revenue loss of Rs 3,700 crore, contrasting ...
- GST Council to hold 56th meeting on September 3-4 in New DelhiThe 56th GST Council meeting is scheduled for September 3 and 4, 2025, in New Delhi, commencing at 11 am each day. Prior to the Council mee...
- 18% slab to contribute lion's share of GST revenue after proposed changesThe Centre's proposal for a two-tier GST structure with a special 40 per cent rate anticipates the 18 per cent slab remaining the primary r...
- 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...
- Make the GST list shorter, not longerA GST panel recommends moving more goods to the 28% luxury slab to simplify mid-range categories and merge 12% and 18% slabs. Focus on exem...
- Budget 2023: NATHEALTH seeks rationalisation of GST for healthcare sectorIn its submission to the finance ministry on Wednesday , the industry body said that the healthcare sector has not been able to derive the ...
- Bibek Debroy decodes the curious case of tax on pizza toppingsWhat is the GST rate on pizzas? There isn't one. That's the point. The GST rate on pizza bread - note the expression - is 5%. But if it is ...
- Pricey unity of textile GST ratesReform should entail having a central rate for the vast majority of goods, a merit rate and a demerit rate. But this requires political wil...
- Auto stocks in demand; jump up to 8.5%Two-wheelers are neither a luxury nor sin goods and so merit a goods and services tax (GST) rate revision, Finance Minister Nirmala Sithara...
- Two-wheelers neither luxury nor sin goods, merit GST rate revision: FMLast year, the country's largest two-wheeler maker Hero MotoCorp had urged the government to consider a phase-wise reduction in GST on the ...
- National Anti-profiteering Authority starts consumer helpline to file GST profiteering complaintsThe applicant has to enclose evidence like copies of invoice or price list to prove that the benefit of tax rate reduction or benefit of in...
- Construction sector may benefit due to input tax credit under GST: ReportMajority of construction contracts fall under the nature of work contracts, which is overlapping between supply of services and supply of g...
- Proposed GST rates suggest limited impact on most sectors: ReportA large number of tax slabs agreed upon by the GST Council may however dilute some of the benefits of the GST system.
- Merit rate of GST should be lower than 12%: Harsh Mariwala, Marico"That's because it is much higher than the current effective tax rates. That is what covers the essential commodities — things that impact ...
- Fixing tax rate can't be left to ministers alone: P Chidambaram"The GST council comprises ministers. Not all ministers are economists. Not all economists are legislators, not all legislators are lawyers...
- 'Constructively engaged' with government on GST: Congress"We need to have clarity therefore about the levies of these taxes. The threshold which is acceptable to Indian economy, the consumer and t...
- GST plan could yet be far from realityThe empowered committee of state finance ministers has recently submitted its report on the structure of the proposed goods and services ta...
- Goods and services tax plan could yet be far from realityThe empowered committee of state finance ministers has recently submitted its report on the structure of the proposed goods and services ta...
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