GST rate cut

Tax rate cut to hinge on revenue position in GST Council meeting on 20th September

According to the sources, the states are aware that it would not be tax prudent to allow GST rate reduction at this stage.

published on : 13th September 2019

Auto players should take up the GST rate cut demand with state FMs: Anurag Thakur

Automobile and component manufacturers have been seeking GST cut on automobiles to 18 per cent from 28 per cent to help the sector come out of a prolonged slump that has resulted in job losses.

published on : 6th September 2019

Government explores framework to ensure GST rate cut benefits consumers

The Finance Ministry may explore a clearly-defined broad framework to ensure that cuts in GST rates benefit consumers.

published on : 7th March 2019

GST rate cut a mixed bag for realty biz

A price hike, if rolled out by developers, is also likely to be restricted to luxury and premium segment units.

published on : 26th February 2019

Orders issued against 9 businesses for not passing Rs 560-crore GST rate cut benefits

As of December 27, 2018, 1.17 crore taxpayers are registered under the GST, which include 60.73 lakh existing (excise, service tax) taxpayers and 56.74 lakh newly registered.

published on : 4th January 2019