CII appreciates and welcomes the said decision made by the GST Council, as this would help ease the tax compliances especially for those small busines...
Jan 10 GST Council to Meet & Discuss Crucial 5% Tax Slab Categories
Jan 10 GST Council to Meet & Discuss Crucial 5% Tax Slab Categories
GST Standard Rate to be Fixed Between 12-18% as Revenues Increase: Arun Jaitley
Going forward, as tax revenues significantly increase, India will have GST slabs of 0 per cent, 5 per cent and a standard rate between 12-18 per cent ...
GST Council Might Consider Under 5% GST for Under Contruction Real Estate
The GST Council is likely to consider lowering GST on under-construction flats and houses to 5 per cent in its meeting next month, an official said. C...
GST Council Might Rationalize 28% Slab
The idea is to keep only those items in the 28 percent slab which are used for a luxury purpose and demerit goods. The final call will be taken by the...
GST Council Considering the Option of Funding NDRF
How should the National Disaster Response Fund (NDRF) be funded in GST era, Issue of cess on GST for the purpose of funding disaster response are some...
Arun Jaitley: GST Council Met 30 Times and Took 918 Decisions Related to GST Laws
The all-powerful GST Council, chaired by Finance Minister Arun Jaitley, has met 30 times and taken 918 decisions related to laws, rules and rates for ...
GST Council to Consider Cruise Shipping Industry’s Demand of Waiver: Nitin Gadkari
The GST council is likely to take up the cruise shipping industry's long-pending demand of waiver from the indirect tax at its next meeting, Union Min...
Auto Components Should be Under 18 Percent GST: ACMA
The Automotive Component Manufacturers Association of India (ACMA) demanded that the industry should be brought under a uniform 18 percent GST rate.
Manish Sisodia Proposes Turnover Based GST Scheme for MSMEs
Delhi Finance Minister Manish Sisodia proposed a scheme for the MSMEs with turnover of up to Rs 5 crore per annum, in which a certain proportion of th...