New Delhi: Aiming to herald one of the biggest reforms in the country, the 56th GST Council meeting is all set to discuss the two-slab tax structure proposed by the Centre’s to reduce GST rates on over 150 items as part of a comprehensive rate revision. The two-day meeting, starting Wednesday, is chaired by Finance…
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New Delhi: Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation. She stated that the average tax under the previous indirect tax regime was 15.8 per cent, under GST it has now come down to…
NEW DELHI: Continuing the upward trend, GST collections rose 10 per cent to about Rs 1.64 lakh crore in December compared to Rs 1.49 lakh crore in the same month a year ago.During the April-December 2023 period, gross Goods and Services Tax (GST) collection witnessed a robust 12 per cent growth, reaching Rs 14.97 lakh…
Read More “GST collections rise 10% to Rs 1.64 lakh cr in December – Times of India” »
