Guernsey Press6d
Trott – GST will need to be higher than 5% to repair States finances
POLICY & RESOURCES president Lyndon Trott has warned that GST will need to be higher than 5% to repair the States’ battered ...
Guernsey Press23h
No GST until July 2027 as vote delayed on taxing food
And the delay will be longer than six months if the new States elected this summer fails to decide quickly whether GST should ...
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% ...
The Impact Of GST On Health Insurance Premiums: What Indian Consumers Need To Know
GST, an indirect tax on the supply of goods and services in India, is currently applied at 18% on health and life insurance ...
Average tax under GST dips from 15.8% to 11.3%: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...
GST rate rationalisation needed: Finance SecyGST rates need to be rationalised: Finance Secretary
Currently, GST is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Luxury and demerit goods are taxed at ...
Union Budget 2025: Will GST overhaul in make EVs more affordable?
Currently, electric vehicles (EVs) benefit from a reduced GST rate of 5 per cent to promote adoption. However, key components such as lithium-ion batteries are taxed at 18%, creating a financial ...
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Views| India's shrinking tax base: Could a GST cut have been more effective for the middle-class woes than an income tax waiver
The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...
Business Line9d
GST rates need to be rationalised, consultation with States crucial: Finance Secretary Tuhin Kanta Pandey
Finance Secretary Tuhin Kanta Pandey on Monday said enough experience has been gained with regard to implementation of GST and now the rates need to be rationalised in consultation with states.