Tag: rate rationalisation
Posted in Economy
GST reforms: Refunds, wider ITC mark third phase of reform as India targets global supply chains, says PwC’s Pratik Jain
Nearly a decade since its roll out, the historic GST reform moved closer towards a pivotal point of maturity. Over the years, GST has largely…
Posted in Business
Simpler GST regime with two rates from September 22
An overhauled and simplified goods and services tax (GST) regime with only two main rates rates, 5% and 12%, will be implemented from September 22….
Posted in GST
GST: 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…