At present, the GST structure has four slabs – 5%, 12%, 18%, and 28%. Rationalisation of the Goods and Service Tax (GST) rates and change in slabs are “on the discussion table,” finance minister ...

The federal GST Council begins a two-day meeting today to chart the biggest overhaul of the indirect tax regime since its debut seven years ago, aiming to spark a consumption-led recovery in the face ...

Finance Minister Nirmala Sitharaman will chair a crucial two-day GST Council meeting starting Wednesday, with the Centre pushing for major structural reforms, including the early termination of ...

NEW DELHI: The GST Council, which will meet shortly, is expected to comprehensively review the eight-year-old regime focused on reducing tax on several consumer-focused items in the 12% bracket as ...

Central and state government officials have started discussions on rationalising the Goods and Services Tax, with sources telling Business Today TV that a three-tier rate structure is also among the ...