The GST Council has been evaluating a restructuring of the rate slabs, potentially moving to a simplified structure of two or ...

Union Minister blames state government for issuing tax notices to petty traders, dismisses state’s claims as misleading and ...

MUMBAI: The aggressive tax enforcement targeting small businesses could undermine the gains of tax formalisation under the ...

The Ministry of Food Processing Industries (MoFPI) is actively engaging with the Ministry of Finance to push for rationalisation of Goods and Services Tax (GST) rates on key items linked to the food ...

The Finance Ministry ruled out immediate GST rate cuts, stating the GST Council awaits a key report. Minister Pankaj ...

Unlike the states, the Union did not have the cushion of compensation for a revenue shortfall in the initial years ...

Govt retains 12% GST on mango pulp; no proposal sent for reduction. Support to mango farmers continues through MIDH scheme with subsidies and ...

The GoM on rate rationalisation is still to agree on the proposed three-rate structure, as the issue of retaining or doing away with the 12% slab remains unresolved ...

With the government now issuing a formal clarification in Parliament, users can be assured that no GST will be levied on UPI ...

Chief Economic Adviser (CEA) K V Subramanian on Thursday said that rationalisation of GST rate structure is on the government's agenda and it is definitely going to happen.Further, he said ...

According to the study, the Goods and Services Tax is “moderately progressive” and has had positive redistributive effects as ...