Budget 2025: Will GST Rates Be Rationalized This Year?
Industry executives are urging that the Goods and Services Tax (GST) structure be changed immediately in order to streamline ...
GST Back In News Ahead Of Union Budget 2025: Congress Demands Simplification Of Rates
This year's Union Budget is expected to focus on boosting private capex, tax simplification and reduction in personal income ...
The Financial Express22d
Industry pushes for simplified GST structure amid concerns over 35% slab proposal
but there have been constant demands for rationalization of the GST rate structure. The present structure has multiple tax slabs, making compliance and administration complex. Hence, industry ...
The Financial Express12d
EXPLAINER: Why keeping GST simple is getting increasingly difficult
THE GST COUNCIL raised the tax rate on ready-to-eat popcorn to 18% in cases where it is mixed with sugar, thereby changing ...
GST on popcorn: Varying rates may be difficult to implement, lead to classification disputes, say experts
T he humble popcorn is in the eye of a storm with the recent clarification by the Goods and Services Council that different ...
Not Just Popcorn: Bizarre GST Rates Are Eating Into Middle Class' Savings
Council, led by Finance Minister Nirmala Sitharaman, clarified the different taxation on salted and caramel popcorn.
IESA Calls For Uniform 5% GST On All Battery Technologies Ahead Of Union Budget
IESA President Debi Prasad Dash emphasised this recommendation ahead of the Union Budget, noting the existing tax disparities ...
Congress demands GST 2.0, calls for Overhaul of ‘failed’ indirect tax system
Congress Party criticizes government's GST system as "tax terrorism," calls for GST 2.0 to ease burden on middle class.
Free Small, Medium Traders And Ordinary Taxpayers From GST Burden: Sachin Pilot
Pilot said the working class, middle class, and common citizens contribute the highest GST revenue, while a few wealthy ...