The GST Council has only simplified the tax structure and proposed a single rate of GST @ 18% on supply / sale of all old and used vehicles including electronic vehicles (EV’s). This is not a new tax ...
Experts emphasize that certain industries, such as real estate, automobiles, and hospitality, have been adversely affected by ...
Speaking on the ongoing efforts to simplify the GST structure, Nirmala Sitharaman said, 'We are very close to closing in on a ...
India’s direct tax landscape reveals a narrow base. While indirect taxes such as the goods and services tax (GST) impact everyone ... India’s direct tax structure presents a paradox ...
Goods and Services Tax (GST) Council is in the final stages of reviewing GST structure and a reduction ... at a sustained 6.5-7% growth in all post-Covid years, and across all sectors.
The two-month GST/Harmonized ... of implementing the tax break may have outweighed its benefits. "[Businesses] had to rejig and retool their whole digital system and tax structure and cash ...
Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5 ... ago," she said at the India Today-Business Today Post Budget Round Table. Sitharaman said later the ...