Page 2 - Gst Tax Slabs

GST Council may take up rationalising tax rates, slab merger in next meet

15th Finance Commission has suggested merging 12 and 18% tax rates

Frozen, packaged, branded parota not eaten by poor; Govt justifies 18% GST

According to government sources, frozen parota (layered flatbread) does not qualify as a staple item

Six changes in tax rules that come into effect today

Today is first day of the financial year 2020-21, and with new year come new tax rules. Here are the six changes that come into effect from today

Three dangerous myths

The errors and misapprehensions that led to constant optimism about Indian growth

Govt hints at reviewing rates in top slab of 28%

GST Council had also pruned the list of items in the top 28 per cent slab to just 50 from 228 earlier

Biggest GST bonanza: 28% tax only on 50 luxury items, eating out cheaper

FM Jaitley also said the Council had been looking at the 28% tax slab and constantly rationalising items in it in lesser tax slabs

GST Council likely to slash tax rates on 80% items in top slab: Sushil Modi

The GST Council will meet on November 9 and 10 in Assam's capital Guwahati

More goods may get cheaper as Jaitley hints at pruning 28% GST slab list

GST Council is scheduled to meet next on November 10 and may consider lowering tax rates on a host of goods

Rationalisation of GST slabs depend on revenue collection: Meghwal

Dealers would have to maintain computerised records of input tax credit, reverse charge mechanism

GST tax slabs to be reduced after revenue improves: Arjun Kumar Meghwal

With the exempted category, the existing tax slabs are of 5, 12, 18 and 28%