Finance minister Arun Jaitley on Monday said the government could look at merging the 12 per cent and 18 per cent slabs in the GST structure and taking cement off the top bracket of 28 per cent.In a b...

The GST Council on Saturday decided to set up a seven-member group of ministers to study the tax revenue trend, including analysing why certain states were facing a revenue shortfall.The finance minis...

Bengal finance minister Amit Mitra has proposed lowering the GST levy to 1 per cent for under-construction property for middle class home buyers.In a letter written three days before the crucial meeti...

Mobile handsets and parts are set to get costlier with the GST Council increasing the rate by 6 per cent to 18 per cent. The move would further slump demand at a time economic growth has slacked, anal...

Bengal finance minister Amit Mitra has cautioned against a purported move to raise taxes in footwear, textiles, fertiliser and mobile handsets in the meeting of the GST Council slated for Saturday.In ...

Industry association Siam on Saturday said the auto industry would have to “find its own balance” to boost demand, with the GST Council declining to cut rates for the sector. “The auto industry ...

The Modi government has acknowledged that it won’t be able to sort out the glitches and gremlins in the goods and service tax system this year — a major reason why it budgeted for a lowball increa...

The GST Council on Saturday decided to reduce the tax rate on electric vehicles to 5 per cent from the existing 12 per cent. The levy on chargers or charging stations for e-vehicles has also been cut ...

The central government on Monday released Rs 35,298 crore to states to make up for the loss of revenue because of the rollout of the Goods and Services Tax (GST). “The central government has release...

The GST Council is slated to meet on January 10 to discuss lowering the GST on under-construction flats and houses to 5 per cent as well as hiking the exemption threshold for small and medium enterpri...