Union finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the process of rationalising tax slabs is nearing completion.
The goods and services tax (GST) Council meeting, chaired by Finance Minister Nirmala Sitharaman, today decided that the rate hike on textiles from five per cent to 12 per cent will be deferred, amid objections from states and the…
Stepping into its fourth year in power on Friday, the Narendra Modi government is in a celebratory mood after the BJP's stupendous electoral success in Uttar Pradesh and Uttarakhand, a modest pick-up in the economy and the imminent roll-out…
With "turf issue" over tax payer jurisdiction continuing to clog GST Council deliberations, the Goods and Services Tax rollout could be delayed by a quarter to July 1 as industry would require time to prepare itself, experts said.
The…
It is virtually a race against time for India Inc as the April 1 deadline for the Goods and Services (GST) Tax rollout stares at them. While companies have appointed consultants to advise them on GST, nothing much has moved beyond that…
