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The Group of Ministers (GoM) on GST rate rationalisation on Thursday endorsed the Centre’s proposal to shift to a two-slab ...
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.
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.
GoM supports Centre's proposal to simplify GST slabs, but opposition states seek clarity on revenue loss and compensation measures.
After the PM's speech, the government later came out with details about the upcoming next-generation GST reform which is aimed at lowering tax rates for most daily use essential items, home appliances ...
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 ...
The group of ministers (GoM) appointed for the upcoming Goods and Services Tax reforms have supported the proposal for two ...
To simplify India’s indirect tax regime, the Group of Ministers (GoM) on GST rate rationalisation has accepted the Centre’s proposal ...
Explainer: What the GST Council's GoM on rate rationalisation is, how it works, who its members are, and how its decisions ...
Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...
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 ...