The 12 and 18 per cent tax slabs in goods and services tax (GST) could be merged going forward as revenues increase, thereby effectively making it a two-tier tax, former Finance Minister Arun Jaitley ...

Today (August 21), the Centre has approved GoMs' proposal on rate rationalisation, insurance taxation, and compensation cess. The government has given a green signal to the GST revamp plan with slabs ...

The Goods and Services Tax (GST) Council's fitment committee, which is made up of central and state officials, is looking into the possibility of eliminating some of the rates, especially the 12 per ...

New Delhi: Days after the Goods and Services Tax (GST) Council in its 31st meeting cut rates on 23 items, Union Finance Minister Arun Jaitley on Monday said that India will have GST slabs of 0 per ...

Coimbatore, May 25 (PTI) The Hotel Owners Association in Tamil Nadu will again put forward a demand to maintain a 5 per cent slab, instead of proposed maximum of 18 per cent, during GST review meeting ...