Search For "structure"
GST on Cement Slashed to 18 percent; Marks a Win-Win for Real Estate Devel
Updated : 5 months, 2 weeks ago IST
Delhi NCR [India], September 5: The GST Council has rationalised tax rates into a simplified two-slab structure of 5% and 18%. Among the most impactful changes is the reduction of GST on cement from 28% to 18%, a move expected to significantly lower project costs and drive growth in real es
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SAIL signs MoU with The Art of Living to Enhance Employee Well-being, Lead
Updated : 5 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], September 5: Steel Authority of India Limited (SAIL), a Maharatna CPSE, has entered into a landmark partnership with The Art of Living through its outreach arm, Vyakti Vikas Kendra India (VVKI), to bring structured programmes on emotional resilience, mindfulnes
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"GST reforms for a Green India": Union Minister Bhupender Yadav
Updated : 5 months, 2 weeks ago IST
The Union Government brought about pathbreaking reforms in the existing Goods and Services Tax (GST) structure on September 3. The step would bring a long expected relief to the common man and materialize Prime Minister Narendra Modi's vision as announced in his speech from the ramparts of t
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New GST version replacing four-rate structure revolutionary, people-orient
Updated : 5 months, 2 weeks ago IST
In a statement, Assam BJP Spokesperson Debojit Mahanta stated that nearly 99 per cent of goods currently taxed at 12 per cent GST would now come under 5 per cent GST. As a result, more money will remain in the hands of the common people, thereby increasing their purchasing power.
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"GST reforms set to boost tourism", says EaseMyTrip co-founder Rikant Pitt
Updated : 5 months, 2 weeks ago IST
This is a very exciting time for the travel and tourism industry, said Rikant Pitti, co-founder of EaseMyTrip, while welcoming the latest reforms in the Goods and Services Tax (GST) structure.
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GST rate cuts will improve affordability and give a fillip to consumption:
Updated : 5 months, 2 weeks ago IST
Global investment bank Morgan Stanley notes that the rationalisation of the Goods and Services Tax (GST) structure, approved by the GST Council, is expected to significantly boost consumption in the coming months, coinciding with the onset of the festive season.
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'Inverted duty problem solved, GST cut to enhance farmers' productivity':
Updated : 5 months, 2 weeks ago IST
Shrivastava said, "Under GST, the problem of inverted duty is being solved in the fertiliser sector, which will enable and encourage the domestic use of fertiliser."
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"Bold and visionary step": Former NITI Aayog CEO Amitabh Kant lauds GST re
Updated : 5 months, 2 weeks ago IST
Congratulating Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, Amitabh Kant lauded the tax reforms for simplifying the structure and eliminating inverted duties.
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GST Council gives nod to rationalisation of four-tier structure into citiz
Updated : 5 months, 2 weeks ago IST
There is a special de-merit rate of 40 per cent for a select few goods and services.
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"Will stimulate consumer demand, enhance state revenue efficiency": PHDCCI
Updated : 5 months, 2 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
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Sitharaman announces significant simplification in GST to dual rate struct
Updated : 5 months, 2 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.
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56th GST Council meeting begins at New Delhi; rate rationalisation on agen
Updated : 5 months, 2 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.
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