The Group of Ministers (GoM) on GST rate rationalisation on Thursday endorsed the Centre’s proposal to shift to a two-slab ...

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

The recommendation comes after the Central Government, on August 15, put forward a major GST reform plan focusing on mainly three areas - structural changes, rate simplification, and ease of living.

A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre’s plan to reduce the number of tax slabs.

GoM supports Centre's proposal to simplify GST slabs, but opposition states seek clarity on revenue loss and compensation measures.

The proposal has received similar recommendations from the GoM. However, a few state ministers have proposed an additional cess on top of the 40 per cent GST slab ...

GoM accepts Centre''s proposal for two GST slabs: 5% & 18%. 12% & 28% slabs to be removed. Impact on luxury & sin goods ...

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system into a simpler two-tier model — 5 per cent for merit goods and services ...

Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...

Explainer: What the GST Council's GoM on rate rationalisation is, how it works, who its members are, and how its decisions ...

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 significant move in the process of further simplifying India’s tax framework, the Group of Ministers (GoM) has ...