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%.
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.
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.
"Congress has been saying from the beginning that its (GST) slabs are unjust, and Rahul Gandhi had even called it the Gabbar Singh Tax. Today, the Prime Minister has realised that with the Bihar elections approaching, fearing defeat, he felt that the GST slabs should be reduced... Our opi
As the Union Budget 2025-26 approaches, Indians eagerly await policy announcements that will bring relief from income tax slabs, farmers issues and bring positive development in creating job opportunities.
Congress veteran and Rajya Sabha MP Jairam Ramesh on Sunday took a potshot over the GST Council's clarification on three different GST tax slabs for popcorn.
Finance Minister Nirmala Sitharaman, taking part in the discussion on the consideration and passing of Finance Bill 2024, observed that her government has been taking several decisions to provide relief to the middle class on the personal tax income front.
Finance Minister Nirmala Sitharaman has announced a significant set of income-tax reforms for the fiscal year 2024-25, aimed at simplifying tax laws, promoting compliance, and fostering economic growth.
As Union Finance Minister Nirmala Sitharaman is set to present the first budget of the NDA 3.0 government on Tuesday, Congress MP Pramod Tiwari expects the focus of the budget to be on unemployment, inflation, and further rebates in income tax slabs for the middle class, among others.
"We are expecting the budget to be better than the previous year. The tax slab should be revised by the government. We expect the prices of petrol and LPG to be reduced. The connectivity of railways has improved in the last 5-10 years, this should continue...," Amit Sharma, a local reside
New Delhi [India], April 7 (ANI/PNN): Union Budget 2023-24 Highlights: Announcing its last full Union Budget 2023 before the 2024 elections, the NDA government focused on a slew of measures that expanded Capital Expenditure spending and tied in various priorities including Green Growth, Yout
New Delhi [India], February 7 (ANI/SRV): The announcement of the revised tax slabs, presented in the Union Budget 2023 by the Finance Minister, Nirmala Sitaraman on the 1st of February came with a New Scheme under which there will be no payable income tax for those under 7LPA of personal inc