Haryana Chief Minister Nayab Singh Saini has said that several significant decisions were taken during the GST Council meeting held in the national capital on Wednesday.
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inputs,
The GST Council, on Wednesday, after a threadbare discussion, approved significant rate cuts across multiple sectors, which the government has described as a Diwali gift for the nation.
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
"We are supporting the move of the Prime Minister. Assam's view is to lower GST to 5% and 18%. We will completely support the decision of the Government of India," Sarma said while speaking to the reporters here.
The All India LPG Distributors Federation has appealed Finance Minister Nirmala Sitharaman to reduce the Goods and Services Tax (GST) on LPG Suraksha Hoses (LPG pipes) from 18 per cent to 5 per cent.
Health and term insurance premiums may become cheaper if the Goods and Services Tax (GST) Council approves rate cuts at its meeting, which began here on Wednesday.
The two-day meeting, being held on September 3 and 4, is expected to bring significant changes to India's indirect tax structure, with discussions centred around rationalising and reducing the number of GST slabs.
He also expected that the two-slab structure would simplify tax compliance and reduce the burden. The proposed GST structure includes two slabs: 5% and 18%. This aims to streamline the current four-slab system, which provides for rates of 5%, 12%, 18%, and 28%.
Indian stock markets opened almost flat on Wednesday as investors waited for the outcome of the Goods and Services Tax (GST) Council meeting, where crucial decisions on GST rates are expected.