Tag: rate rationalisation
Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST Slab
New Delhi: As many as 58 goods and 24 services, such as pricey handbags and sunglasses and certain cosmetic procedures could be moved to the…
insurance GST: GoM suggests higher GST rates for premium products, relief for senior citizens’ health insurance
A group of ministers (GoM), tasked by the Goods and Services Tax (GST) Council to look at rate rationalisation, has suggested changes in rates of…
GST: GST Council meet to discuss rate rationalisation on September 9, final decision later: FM
Finance Minister Nirmala Sitharaman on Tuesday said the GST council next month will discuss rationalisation of tax rates but a final decision on tweaking taxes…
GST meet: Group of Ministers on rate rationalisation meets ahead of GST Council meeting
Ahead of the GST Council meeting on September 9, the Group of Ministers (GoM) on GST rate rationalisation will meet here on Thursday, officials said….
GST Council set to meet on Sept 9, talks on rate rationalisation to kick off
The Goods and Services Tax (GST) Council will hold its next meeting in September to discuss the pending reforms and to kick-start rate rationalisation for…
Sitharaman confident she can make savings easier, raise income levels in rural India
While India handles a fast growing economy, Nirmala Sitharaman who presented the Union Budget recently asserted that she can make savings easier for those residing…
6-years of GST: With record high collections, why it is an opportune time for rate rationalisation
The introduction of the goods and services tax (‘GST‘) in June 2017, marked a significant milestone in the history of taxation in India. This transformative…