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2 mins read

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   


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2 mins read

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 …

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3 mins read

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   


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3 mins read

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…

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5 mins read

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…

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1 min read

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…

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1 min read

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…

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3 mins read

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   


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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   


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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…

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3 mins read

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   


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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…

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5 mins read

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   


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4 mins read

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…

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2 mins read

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…

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2 mins read

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…

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2 mins read

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…

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2 mins read

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   


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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, …