"For 8 years, the country was looted by imposing wrong GST. Businesses were wiped out and the common people's income was limited. They kept on saying 'One Nation One Tax' but imposed five slabs. Businesses were wiped out and the common people's income was limited, and now 8 years later they
The Ministry of Coal has welcomed the landmark decisions taken at the 56th meeting of the GST Council held in New Delhi, which have brought significant changes to the taxation structure of the coal sector, a press release from the Ministry of Coal said.
The reform in the Goods and Services Tax structure, which was approved during the 56th meeting of the GST Council earlier this month, has come into effect from today. The current four-rate system has been replaced with a streamlined two-slab regime of 5% and 18%. A separate 40 per cent sl
The reform in the Goods and Services Tax structure, which was approved during the 56th meeting of the GST Council earlier this month, took effect from today. The current four-rate system will be replaced with a streamlined two-slab regime of 5% and 18%. A separate 40 per cent slab has been r
The reform in the Goods and Services Tax structure, which was approved during the 56th meeting of the GST Council earlier this month, is set to come into effect from today. The current four-rate system will be replaced with a streamlined two-slab regime of 5% and 18%. A separate 40 per cent
Key decisions of the 56th GST Council Meeting on coal include: removal of the Rs. 400 per tonne GST compensation cess previously levied on coal, and an increase in GST rate on coal from 5 per cent to 18 per cent.
While speaking to ANI after the reforms came into effect, the Union Minister also highlighted that the Bharatiya Janata Party (BJP) had worked to ensure public trust in the new system.
Congress leader also said that the current GST reforms are inadequate. According to Ramesh, Outstanding issues include, "The widespread concerns of MSMEs - the major employment generators in the economy - must be addressed meaningfully. Apart from major procedural changes, this involves f
As part of this special initiative, every BJP Member of Parliament (MP) has been directed to organise pad yatras or foot marches in the markets of their respective constituencies.
The Goods and Services Tax (GST) Council has approved wide-ranging reforms that will impact key sectors of the economy, including food, housing, automobiles, agriculture, healthcare, and education. The measures, announced after the 56th meeting of the Council chaired by Union Finance Ministe
Mumbai (Maharashtra) [India], September 19: Boehringer Ingelheim India commends the recent measures announced by the GST Council aimed at reducing tax rates on medicines and life-saving drugs used for treatment of severe chronic diseases, cancer, rare diseases, medical apparatus, devices, di