Tag: GST rate rationalisation
Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22
Union Finance Minister Nirmala Sitharaman is likely to meet her state counterparts on December 21-22 for pre-budget consultations and meeting of the GST Council, an…
GST rates to be cut on 20 litre water bottles and bicycles to 5%, raised for luxury shoes, watches, and beauty products
The Group of Ministers (GoM) for GST rate rationalisation has decided to lower the tax rates on 20-litre packaged drinking water bottles, bicycles and exercise…
Panels on GST rate rationalisation, cutting tax on insurance premium to meet on Saturday
New Delhi: The two ministerial panels set up by the GST Council are slated to meet on October 19 to discuss GST rate rationalisation and…
GST Rate Cut: Tax on several mass-use products may be reduced
A ministerial panel on GST rate rationalisation is considering lowering GST rates on several mass-use items, including medicines and tractors, to 5%. However, the tax…
GST rate rationalisation: GoM discusses pruning 12 pc slab, next meeting on Oct 20
New Delhi: The GoM on GST rate rationalisation has discussed tax rate tweaks on over 100 items, including lowering taxes on certain goods from 12…
GoM on GST rate rationalisation to meet on September 25 to discuss slab, rate tweaks
New Delhi: The ministerial panel on GST rate rationalisation will meet on September 25 and is expected to discuss tweaking of tax slabs and rates….
In preparation for GST rate rationalisation, product categories’ fine-tuning begins
Ahead of the goods and services tax rate rationalisation exercise, the Central Board of Indirect Taxes and Customs has initiated a process of overhauling the…