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GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states
Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…
ANI
GST rejig: Cheaper water, bikes; pricier shoes, watches
The Group of Ministers (GoM) on GST rate rationalisation on Saturday decided to lower tax rates on …
GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow
The Council is likely to be apprised about the ongoing drive against fake registration, the success…
PTI
GST Council may consider merging the 12% and 18% tax slab in the next meeting, says Finance Minister Nirmala Sitharaman
The Goods and Services Tax (GST) Council may choose to consider the proposal to reduce the number o…
It’s good that India wants just two GST slabs but it has to ensure it doesn’t hurt consumers
However, experts say that it could also be down to just two slabs, eventually. And the latest mo…
Centre seeks to amend GST Act to levy 28% tax on online gaming, casinos
The central government on Friday will seek the introduction and passage of the Central Goods and Se…
New GST slab comes into effect — house rents, juice boxes, coconut water and all that’s gonna get pricier
New GST slab comes into effect — house rents, juice boxes, coconut water and all that’s gonna get p…
Mobile phones to become expensive from April 1
Demand for more skilled manpower, better hardware to enhance capacity has been agreed to by the…
PTI
NITI Aayog member thinks that India should have only two GST slabs
Government think-tank Niti Aayog member Ramesh Chand on Wednesday made a case for only two slabs un…
PTI
8 in 10 Indians want 28% or higher GST on casinos, online games and horse races
Six in ten Indians are in favour of keeping cryptocurrencies under the 28% or higher goods and serv…
GST Council meet: Most states were opposed to change in slabs, hike in GST
New Delhi, Dec 18 () Most of the states opposed change in slabs or hike in GST during the crucial G…
PTI
SIMPLY PUT: How will the GST council’s tax changes affect family budgets?
GST rates were being revised to rationalise tax on certain goods and services to correct a…
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
India is betting on casinos, online games and horse races to fill its coffers
Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…
28% GST on crypto transactions? India is reportedly mulling another tax levy next week
A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…
With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars
Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…
India may expand taxes on crypto beyond IT and TDS – government reportedly mulling 28% GST
The crypto industry has already been buckling under income tax and TDS. Trading volumes in India fe…
No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi
New Delhi, Dec 21 () States are not in favour of increasing GST rates at a time when there is a con…
PTI
India’s Finance Minister moots the possibility of a single tax rate on standard items amid continued criticism of the government’s GST regime
Jaitley explained that prior to the reform’s implementation, the value-added-tax regime levi…
Three-tier GST rate structure could be announced as soon as next financial year, says report
The idea is, sources said, to move away from the present broad five rate structure of zero, …