Tag: GST reforms

Centre to propose five-pronged reform plan at GST Council meeting on October 8

October 16, 2026 admin

The Centre will propose a five-pronged plan for the next set of reforms to the Goods and Services Tax (GST) system at the upcoming GST Council meeting on October 8, according to sources in the Ministry of Finance. These reforms are aimed at automating and easing a lot of the current administrative bottlenecks in the…

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What are the reforms proposed by the GST Council?

October 9, 2026 admin

The story so far:The Goods and Services Tax (GST) Council met on Thursday (October 8, 2026) for the 57th time since GST was introduced a little more than nine years ago. In the run-up to the meeting, officials in the Finance Ministry said that GST rates would not be discussed in this meeting, something that…

Business

Centre to propose five-pronged reform plan at GST Council meeting on October 8

October 6, 2026 admin

Business

Centre to propose five-pronged reform plan at GST Council meeting on October 8

October 6, 2026 admin

Business

Getting GST 2.0 to run like a well-oiled machine

September 23, 2025 admin

What will ensure the success of GST 2.0 is the bedrock of trust — between the government, industry and consumers Source link

Business

Coal Ministry says GST reforms to address input tax credit anomalies, levels playing field for all coal variants

September 22, 2025 admin

Image for representational purposes only. | Photo Credit: Reuters The Coal Ministry, in a statement issued on Monday (September 22, 2025), said that the reforms finalised at the 56th Council of the meeting, most of which came into force on September 22, would help rationalise tax burden across all grades of coal to ensure “equitable…

Business

News GST rates LIVE: GST rate cuts set to kick in today; goods and services to be cheaper

September 22, 2025 admin

Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from Monday (September 22, 2025) as the reduced Goods and Services Tax (GST) rates on about 375 items come into effect. In a bonanza to consumers, the GST Council, comprising Centre and States, has decided to reduce tax rates on…

Business

News GST rates LIVE: GST rate cuts set to kick in today; goods and services to be cheaper

September 22, 2025 admin

Nation

Soaps, powder, coffee, diapers, biscuits, ghee, oil to be cheaper as cos extend GST 2.0 benefits

September 21, 2025 admin

Daily essentials and food products will be cheaper from Monday (September 22, 2025), as leading FMCG companies have slashed prices, extending GST cut benefits to consumers. The move is expected to lead to a spike in consumption and a surge in sales during the upcoming festival season, which starts with the Navratra celebrations. FMCG companies…

Business

More than 75% of rural monthly expenditure will face nil or 5% rate under GST 2.0

September 19, 2025 admin

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto More than 75% of the items rural Indians spend money on will face either a nil rate of Goods and Services Tax (GST) or 5% once the new rates come into effect on September 22, according to an analysis published by the Federation of…

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