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GST reforms will continue, tax burden to ease further as economy gains more strength: PM Modi
Greater Noida | Prime Minister Narendra Modi on Thursday said the reforms in GST will continue and the tax burden on citizens will further ease as the economy gains more strength. Modi emphasised that ...
India's GST was simplified to a two-rate structure of 5% and 18%, instead of the current four slabs. An additonal 40% tax on "super luxury" and "sin" goods was also introduced. The tax cuts are " ...
NEW DELHI: The four-tier GST rate structure will open up floodgates of classification disputes with tendency among businesses to demand lower rate for their goods or services, says a research paper.
NEW DELHI, August 19 - Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday goods and small cars from October, in a move seen as ...
NEW DELHI, Aug 18 (Reuters) - India aims to slash taxes on small cars and insurance premiums as part of a sweeping reform of its goods and services tax (GST), a government source said on Monday, ...
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CAIT calls for more GST simplification despite soaring tax collections
CAIT has demanded further simplification of the GST regime. While revenue has surged from Rs 40,000 crore to over Rs 2 lakh crore since 2017, traders face ground-level compliance challenges, hindering ...
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