GST reforms were the central topic at a recent outreach event organised by THE WEEK in Chennai, where tax officials explained ...

New Delhi: A major change in GST rates is on the way. In a key meeting, the Group of Ministers (GoM) on GST has approved the Centre’s proposal to simplify the tax structure. Goods like tobacco and pan ...

Of the two rate structures on the table, one suggests tax slabs of 8 per cent, 16 per cent, and 24 per cent. The other proposes tax slabs at 9 per cent, 18 per cent, and 27 per cent. Illustration: ...

Soon after Prime Minister Narendra Modi underscored the importance of the next generation of reforms under Goods and Services Tax, the Finance Ministry proposed a two-slab GST rate structure along ...

Prime Minister Modi announced upcoming GST reforms aimed at easing the burden on citizens, farmers, and MSMEs. The proposed changes include a simplified two-slab structure and rate rationalization.

New Delhi [India], June 16 (ANI): Ahead of the 53rd Meeting of the Goods and Services Tax (GST) council on June 22, the Confederation of Indian Industries (CII) has urged for a GST structure with ...

Official sources pointed out that the structure of GST has changed now, several sectors see growth in taxable value of ...

Chief Economic Adviser (CEA) K V Subramanian on Thursday said that rationalisation of GST rate structure is on the government's agenda and it is definitely going to happen. Further, he said that a ...

Compares India’s multi-rate, dual-structure GST with simplified global models and highlights why complexity arises from federal and socio-economic ...

Royal Enfield has made it clear that it wont downsize its bikes, which are above 350cc, despite the government raising taxes.

NEW DELHI, July 21 (Reuters) - A consensus is emerging between Indian states and the federal government to launch a nationwide goods and services tax (GST) on 1 April 2011, the head of the ...