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A final call will be taken by the GST Council. Doing away with the compensation cess ... Saurabh Agarwal, Tax Partner, EY ...

“We have supported the two proposals by the Govt of India of scrapping GST slabs of 12 per cent and 28 per cent,” Choudhary said after attending a meeting of the Group of Ministers (GoM) with Union ...

According to the plan, 99% of items taxed at 12% will shift to the lower 5% slab, while nearly 90% of items currently in the ...

What are the present GST slabs? At present, Goods and Services Tax is a 4-tier structure of 5, 12, 18 and 28 per cent. While food items are either taxed at 0 or 5 per cent, luxury and sin goods are ...

The Indian stock market continued its positive momentum with the Nifty 50 and Sensex closing higher for the sixth day. Pharma stocks led the gains while other sectors faced profit booking. Market ...

With GST rate rationalisation, the tax on cars, two-wheelers, three-wheelers, trucks and buses will reduce to 18% from 28%.

Steps following up on Prime Minister Narendra Modi's Independence Day announcement of rationalising the indirect tax regime ...

Nearly two-thirds (65%) of respondents support the introduction of a tax for the wealthiest individuals (the top 0.001%) to ...

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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.

Andhra Pradesh High Court held that GST is not leviable on ocean freight charges, accordingly, refund of GST paid on ocean ...