A GoM approved reducing GST brackets from four to two, aiming to lower consumer taxes, but concerns over state revenue ...

Steps following up on Prime Minister Narendra Modi's Independence Day announcement of rationalising the indirect tax regime ...

The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.

Bihar Deputy Chief Minister and GoM Chairperson Samrat Choudhary said they would recommend the two-slab structure proposal of ...

The GoM supports simplifying GST to two main slabs (5% and 18%) with a special 40% rate for demerit goods. Members want to ...

The Group of Ministers on rate rationalisation endorsed the Centre’s plan to introduce a simpler structure, replacing the ...

In a significant move in the process of further simplifying India’s tax framework, the Group of Ministers (GoM) has ...

Though the GoMs favoured the Centre’s slab rejig plan, which will benefit the common man, some members wanted ultra-luxury ...

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

Group of Ministers accepts the Centre's rate rationalisation proposal, which includes consolidating the slabs into two — 5 ...

GST exemption for insurance for individuals is expected to result in an annual revenue loss of around Rs 9,700 crore, he ...

Explainer: What the GST Council's GoM on rate rationalisation is, how it works, who its members are, and how its decisions ...