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The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation on Thursday supported the Centre’s proposal ...
17hon MSN
GoM backs GST simplification: Proposal to cut tax slabs to two rates, add 40% for demerit goods
The GoM supports simplifying GST to two main slabs (5% and 18%) with a special 40% rate for demerit goods. Members want to ...
In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...
A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...
The GoM of state finance ministers has endorsed the Centre's proposal for a two-tier GST structure, recommending it to the ...
GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.
According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...
"We have supported the two proposals by the Govt of India of scrapping GST slabs of 12 per cent and 28 per cent," Choudhary said after attending a meeting of the Group of Ministers (GoM) with Union ...
The Centre has proposed reforms in GST by reducing the number of slabs under Goods and Services Tax (GST) to 2 (5 and 18%) ...
Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...
Though the GoMs favoured the Centre’s slab rejig plan, which will benefit the common man, some members wanted ultra-luxury ...
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NDTV Profit on MSNGoM GST Panel Proposes Scrapping 12 and 28%
The group of ministers (GoM) appointed for the upcoming Goods and Services Tax reforms have supported the proposal for two ...
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