The GST Council (Goods and Service Tax) recently announced a bewildering array of extra tax rates for popcorn, sparking an ...
The GST Council has now recommended an increase in the GST rate from 12% to 18% for sale of used cars, including EVs. Some of the decisions taken by the Goods and Services Tax (GST) Council ...
The first has to do with the details. GST is no longer the Good and Simple Tax it was touted to be. The window for the rationalisation of the tax slabs (currently four) has been extended ...
An overwhelming 86.7 percent of the CEOs surveyed have sought for a simple GST and a reduction in income taxes to spur ...
On GST, Congress leader TS Singh Deo said on Thursday, "The One Nation One Tax implemented in India is of the rich, by the ...
This indirect tax system has grown far too complex. A GST regime with uniform rates—based on clear statistical data—within every broad category would enhance fairness, reduce litigation and also ...
Time and again, experts in the run-up to GST implementation recommended a simple dual-rate system. They were all ignored. Also read: Why Starlink’s India troubles signal the next big battle for space ...
GST is far from the simple, single-rate, unified law it was supposed to be, covering all commodities in the country and making India a single-tax common market. Multiple rates for a single or ...
The GST Council has recommended an increased 18% tax rate on used car sales of electric vehicles (EVs), along with specified petrol and diesel cars The GST Council has recommended an increased 18% ...