Today (August 21), the Centre has approved GoMs' proposal on rate rationalisation, insurance taxation, and compensation cess.

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

Telangana Deputy CM Mallu Bhatti Vikramarka also confirmed that the GoM proposed a complete exemption on health and life ...

The Centre has proposed reforms in GST by reducing the number of slabs under Goods and Services Tax (GST) to 2 (5 and 18%) ...

The GoM of state finance ministers has endorsed the Centre's proposal for a two-tier GST structure, recommending it to the ...

Though the GoMs favoured the Centre’s slab rejig plan, which will benefit the common man, some members wanted ultra-luxury ...

The Group of ministers (GoM) appointed for the upcoming Goods and Services Tax (GST) reforms has endorsed a major rate ...

In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...

Six days ago, Prime Minister Narendra Modi, in his Independence Day address, announced the next big phase of reforms under ...

The GST GoM supports simplifying GST with two rates (5%, 18%) and a special rate for demerit goods. Concerns arise over ...

A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...