The GST Council’s decision to eliminate the 12% slab was implemented to create a two-rate structure for garments. The key takeaway is a higher rate for premium apparel and wider relief for ...
The Government stated that GST 2.0 simplifies the tax structure to stimulate consumption, investment, and job creation. The key takeaway is that rate rationalisation is expected to support GDP growth ...
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GST Council gives nod to dual tax structure of 5% and 18%, eliminates 12% and 28% slabs
New Delhi: In a massive relief to common people, the GST Council on Wednesday approved a dual tax structure of 5% and 18%, eliminating the 12% and 28% slabs, and the changes will come into effect from ...
India has cut GST rates on hundreds of consumer items,—ranging from soaps to small cars—to spur demand in the world's fourth largest economy in the face of punishing US tariffs. The GST Council, ...
The components include solar power equipment, solar cookers and lamps, windmills and generators, waste-to-energy systems, biogas plants, and tidal or wave energy installations. Image: Vikram Solar.
India's GST Council has reduced the GST rate on solar cells – whether or not assembled into modules – from 12% to 5%, effective Sept. 22. The tax cut is expected to make solar cells and modules more ...
NEW DELHI, July 21 (Reuters) - A consensus is emerging between Indian states and the federal government to launch a nationwide goods and services tax (GST) on 1 April 2011, the head of the ...
Gross GST Collection Rises A Meagre 0.7% In November, Domestic GST Mop-Up Falls 2.3% On Rate Cut. New Delhi, Dec 1 (KNN) ...
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