Finance minister Nirmala Sitaraman has offered to further simplify and rationalise the Goods and Services Tax (GST) structure and expand it to the remaining sectors so as to multiply its benefits.
The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...
Read the Latest Union Budget 2025 News on The Economic Times. Discover Latest Budget Updates, India Budget Expectations, ...
which are the rates we will be able to arrive at, that further exercise will be done by GoM," Pandey added. Currently, GST is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent.
In December, the panel reportedly reached a consensus on rejigging tax rates on around 150 items. The GST rate structure has undergone multiple revisions since the indirect tax regime was rolled ...
which are the rates we will be able to arrive at, that further exercise will be done by GoM," Pandey added. Currently, GST is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent.
Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5 ... to suggest changes in GST rates as well as reduce slabs. "To be fair to the GST and the ministers who are all ...
Finance Minister Nirmala Sitharaman said on Tuesday that the GST Council ... and lower rates as the review work is almost complete.Goods and Services Tax (GST) is a four-tier tax structure with ...
NEW DELHI: The GST ... lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman said on Tuesday. Currently, Goods and Services Tax (GST) is a four-tier tax structure ...
GST rationalisation and other tax reforms top the list ... called for the rationalisation of GST rates on hospitality services. “The current GST structure is among the highest in the world ...
T he Union Budget 2025-26 brought widespread relief to the middle class with Finance Minister Nirmala Sitharaman’s announcement of significant income tax cuts. Individuals earni ...