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Lower GST burden? Average tax rate falls from 15.8% to 11.3%, reveals FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...
Under GST, taxes not gone up even on a single item but reduced on many: FM
Union Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services ...
Tax Guru6d
GST Rates & ITC on Hotel Accommodation & Restaurant Services
It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...
money.rediff19h
GST Rate Not Increased: Sitharaman Dispels Concerns
Finance Minister Nirmala Sitharaman assures no GST rate increase since its implementation, highlighting rate reductions and ...
ThePrint1d
‘Average tax under GST dropped from 15.8 % to 11.3 %,’ Nirmala Sitharaman says in RS Budget session
Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...
GST cuts likely soon, rationalising of rates possible: FM Nirmala Sitharaman in Rajya Sabha
Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...
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GST cuts likely, some rate slabs may even merge: Finance Minister
Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, ...
devdiscourse7d
GST Reform: Steps Towards Fewer, Lower Tax Rates
The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...
GST rate rationalisation process underway, say sources
The government had set up a ministerial panel, the Group of Ministers (GoM), to examine GST rate rationalisation.
Finance Minister Nirmala Sitharaman Addresses Concerns Over GST Rate Increases
Nirmala Sitharaman reassures that no GST rates have increased since implementation, highlighting a reduction in average rates ...
Tax Guru4d
Tax Invoice Requirements Under Section 31 of CGST Act & GST Rule 46
A Tax Invoice is a legal document issued by a registered supplier under GST. Rule 46 of the CGST and SGST Rules lays down the key details that must be included in a Tax Invoice excluding these special ...
FM Nirmala Sitharaman’s Impassioned Reply To Query On GST In Rajya Sabha
Finance Minister Nirmala Sitharaman Tuesday said the GST Council is working on rationalising rate slabs under the Goods and ...