Search For "slabs"
Industry captains hail significant GST rejig; say lower taxes will boost d
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 30 (ANI-NewsVoir): After the implementation of the recent reduction in GST rates on as many as 178 items, the markets across the country have started witnessing a noticeable uptick in consumer sentiments. The GST rate on these items has been brought down from 28 percen
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Finance Secretary Adhia, others for fewer GST slabs
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 25 (ANI): Finance Secretary Hasmukh Adhia on Saturday said the Goods and Services Tax (GST) needs further simplification and suggested a reduction in the number of slabs if there is any scope to do so.
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CEA Subramanian hints at lesser slabs under GST
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 25 (ANI): Chief Economic Adviser Arvind Subramanian has hinted reduction in the number of tax slabs under the Goods and Services Tax (GST), with the merger of 12 percent and 18 percent tax slabs into one.
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'I am Helpless' - How GST is breaking backbone of Indian Handloom Weavers
Updated : 8 years, 4 months ago IST
Hyderabad (Telangana) [India], Oct 23 (ANI-BusinessWire India): The Goods and Services Tax or GST rolled out on July 1 is considered by the government as an achievement, with several taxes being replaced by a single tax with few slabs, its implementation since has caused multiple woes across
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Discussion required on certain tax slabs under GST: SIAM President
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 9 (ANI): The President of the Society of Indian Automobile Manufacturers (SIAM) Abhay Firodia on Monday stated that while the Goods and Services Tax (GST) as a policy comes with a learning curve, there is still a need for a certain moderations to be made with regar
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MoS Finance says Centre will keep revising tax slabs in GST
Updated : 8 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 9 (ANI): The Minister of State for Finance, Shiv Pratap Shukla, on Monday said the Centre would keep revising the tax slabs as far as the Goods and Service Tax (GST) is concerned.
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Ready reckoner on GST slabs from July 1, 2017
Updated : 8 years, 6 months ago IST
New Delhi [India], June 30 (ANI): Here are the tax slabs that will come into effect after the Goods and Services Tax (GST) is introuduced shortly after midnight on July 1, 2017
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Govt. alters tax slabs with 5 pct reduction in income of Rs. 2.5-5 lakh
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 1 (ANI): In a sign of relief for the people in the lower brackets of income tax, Finance Minister Arun Jaitley today announced reduction in the existing rate of taxation for individuals with income between 2.5 lakh to five lakh to five percent instead of 10 percent wi
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CII calls for identifying more employment-generating sectors
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 1 (ANI): Recapitalisation of banks will ensure more credit, said Chadrajit Banerjee, DG, CII, on Wednesday. After the announcement of the Economic Survey 2016-17 on Tuesday, Banerjee emphasised on the importance of changing personal income tax slabs in the country, as
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GST Council to take final decision on tax rate today
Updated : 8 years, 6 months ago IST
New Delhi [India], Oct 19 (ANI): The decision on the Goods and Services Tax rates, which will have four slabs, will be taken today by the GST Council that kicked off its three-day meeting yesterday.
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GST Council reaches consensus on state compensation, 2015-16 to be base ye
Updated : 8 years, 6 months ago IST
New Delhi [India], Oct 18 (ANI): The three-day meeting of the Goods and Services Tax (GST) Council on Tuesday reached a consensus on state compensation and the base year will be 2015-16, while the decision on the GST rates, which will have four slabs, will be taken on Wednesday.
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