Search For "slab"
"Will help each and every family of the country": Union Minister Ashwini V
Updated : 7 months, 3 weeks ago IST
Vaishnaw said that the new GST tax slabs will be effective from the first day of Navaratri, and rates have been reduced for almost every item which is used in the lives of middle-class families.
Read More
"Appreciate Centre for realising its mistake after eight years": P Chidamb
Updated : 7 months, 3 weeks ago IST
Former Union Finance Minister and senior Congress leader P Chidambaram has welcomed the Centre's decision to rationalise GST rates to two slabs, stating that he appreciates the government for "realising" its mistake after eight years of its introduction on July 1, 2017.
Read More
"One Nation, One Tax turned into One Nation Nine Taxes": Mallikarjun Kharg
Updated : 7 months, 3 weeks ago IST
He mentioned that the Congress party had been advocating for reforms in GST for a decade. Kharge claimed that the GST introduced under the NDA government included Tax Slabs of 0%, 5%, 12%, 18%, 28% followed by special rates of 0.25%, 1.5%, 3%, and 6%.
Read More
"Will bring happiness to everyone..": Uttarakhand CM lauds new gen GST
Updated : 7 months, 3 weeks ago IST
Uttarakhand Chief Minister Pushkar Singh Dhami welcomed the Centre's new generation GST, calling it a "historic decision" that will benefit everyone, reducing it to two slabs of 5% and 18% and applicable from September 22, 2025. ji, the Central Government's commitment is to implement a new
Read More
"Phenomenal milestone": Industry associations welcome Next-gen GST reforms
Updated : 7 months, 3 weeks ago IST
Several industry associations have welcomed the Centre's move to rationalise GST rates to two slabs of 5 per cent and 18 per cent.
Read More
GST Council gives nod to rationalisation of four-tier structure into citiz
Updated : 7 months, 3 weeks ago IST
There is a special de-merit rate of 40 per cent for a select few goods and services.
Read More
"Will stimulate consumer demand, enhance state revenue efficiency": PHDCCI
Updated : 7 months, 3 weeks ago IST
"The implementation of GST rate rationalisation from September 22 marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency--creating a virtuous cycle of growth, stabili
Read More
Sitharaman announces significant simplification in GST to dual rate struct
Updated : 7 months, 3 weeks ago IST
In a significant simplification in the GST regime, which will benefit the common man, Finance Minister Nirmala Sitharaman on Wednesday announced consolidation of 12% and 18% slabs into a dual rate structure of 5% and 18% besides 40% for sin goods.
Read More
56th GST Council meeting begins at New Delhi; rate rationalisation on agen
Updated : 7 months, 3 weeks ago IST
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.
Read More
"Major next-generation reform": BJP's Praveen Khandelwal ahead of 56th mee
Updated : 7 months, 3 weeks ago IST
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%.
Read More
GST Council meeting begins tomorrow, overhaul to simplify tax slabs
Updated : 7 months, 3 weeks ago IST
The 56th meeting of the Goods and Services Tax (GST) Council is set to begin in the national capital tomorrow, spanning two days from September 3 to 4.
Read More
GST rejig to give consumption a big push; food and durable goods to turn c
Updated : 9 months ago IST
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items.
Read More