India’s GST collection has shown a steady increase since its implementation in 2017, reflecting its role in enhancing fiscal health and formalizing the economy. The gross GST collection rose from ...
Giving comparative charts of pre- and post-GST tax rates of household goods ... furniture and mattresses are taxed at a lower rate of 18 per cent in the GST regime, lower than 28 per cent in ...
Let's take a look at key expectations on lowering GST rates ... Scrapping the old regime and rebuilding the new one to bring down the average tax rate to 10% for incomes up to Rs 20 lakh will ...
Reeling under the impact of the 28% GST regime, the online gaming ... the GST Council to overrule retrospective tax demands in cases where lower rates were initially paid due to industry-wide ...
A day after Union Finance Minister Nirmala Sitharaman announced that Goods and Services Tax (GST) rates would be further ... changes” to the indirect tax regime. Speaking at an awards function ...
The Goods and Services Tax (GST) Council is considering reducing tax rates on certain items to stimulate consumption while balancing revenue needs, Mint reported, citing sources familiar with the ...
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Also Read: Simplify India’s GST regime ... years has sought to simplify the tax structure while lowering tax rates. The introduction of a new corporate tax regime, offering companies the ...
Finally, real money gaming platforms entered the new tax regime on October 1 ... are absorbing some of the impact of the increase in GST rate for now, they have started passing on some of the ...