GST rate cut Current Affairs, GK & News

Group of ministers to rationalise GST rates

Government has tasked a group of ministers (GoM) headed by Chief Minister of Karnataka, Basavaraj S. Bommai to propose a rationalisation of tax rates and consider the merger of different tax slabs within two months. Highlights With the move, the government seeks to set the stage for an overhaul of the multiple tax rates under ..

Month: 

Category: 

Topics: 

44th GST Council Meeting

44th meeting of Goods and Services Tax (GST) Council was chaired by Finance Minister Nirmala Sitharaman on June 12, 2021. Several changes in GST rate have been made which would be applicable till September 30, 2021. What decisions were taken? As per the Finance Minister, GST Council has accepted recommendations of Group of Ministers (GoM) ..

Month: 

Category: 

Topics: