Search For "lower gst rates"
Lower GST rates will ease tax burdens and empower MSMEs: FICCI CASCADE
Updated : 8 months, 1 week ago IST
GST 2.0 is set to almost triple the share of items taxed at 5 per cent, rising from 54 consumption categories under GST 1.0 to 149 categories under GST 2.0, as per a recent study by FICCI CASCADE. For rural households, the share of exempt and merit goods in their consumption basket will rise
Read More
"Purchase of fertilisers, pesticides might get exemption": Bhupinder Singh
Updated : 9 months, 3 weeks ago IST
"They have proposed two slabs: one 5 per cent and the other 18 per cent. Still, there are multiple slabs till 28 per cent. Eighteen per cent applies to fertilisers and pesticides. So, it might get an exemption in this decision. However, there won't be much in it. We will see when the full sc
Read More
Centre proposes scrapping of 12% and 28% GST slabs, most items to move to
Updated : 9 months, 3 weeks ago IST
In a path-breaking initiative relating to the Goods and Services Tax structure, the Central Government has proposed to scrap the current slab of 12 per cent and 28 per cent of GST rates and keep only 5 per cent and 18 per cent GST rates, government sources said on Friday.
Read More
Reduced tax rate for real estate sector to bolster consumer sentiments: IC
Updated : 7 years, 3 months ago IST
New Delhi [India], Feb 26 (ANI): Credit rating agency ICRA said on Tuesday that lower GST rates for under-construction residential properties are expected to improve customer sentiment but removal of input tax credit may create short term disruption in sales and collections from ongoing p
Read More