The GST Council had set up the Chaudhary panel in September 2021 to streamline tax rates, resolve classification disputes, ...

Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...

Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

The government had set up a ministerial panel, the Group of Ministers (GoM), to examine GST rate rationalisation.

Union Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services ...

Nirmala Sitharaman reassures that no GST rates have increased since implementation, highlighting a reduction in average rates ...

The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...

The Goods and Services Tax follows a four-tier structure with rates of 5%, 12%, 18%, and 28%. Essential items and packaged ...