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...

Two proposalsAnuj Puri, chairman of Anarock Property Consultants, last week said the GST Council may be considering two proposals.“The first is to maintain a fixed 12 per cent GST rate, including fu...

Bengal finance minister Amit Mitra has called for an urgent meeting of the GST Council to discuss ways to crank up faltering collections under the goods and service tax (GST) regime and plug revenue l...

The GST Council is working towards taking up the rate rejig exercise only once a year, moving away from frequently tinkering the slabs in an effort to weed out uncertainty from the system.Union financ...

Exporters have expressed concern over the lack of credit to the sector and urged the government and the Reserve Bank of India to take appropriate steps to achieve the target of $375 billion in shipmen...

A meeting of the Goods and Services Tax Council via video conferencing here on Wednesday remained inconclusive after some Opposition-ruled states objected to “being rushed” into decision making an...

A high-level panel set up by the government to suggest measures to augment GST revenue collection will hold its first meeting on Tuesday, a senior official said. The government last week constituted ...

The meeting of the GST Council, convened to decide on a cut in the tax rates on electric vehicles, has been postponed as finance minister Nirmala Sitharaman was pre-occupied in Parliament, officials s...