New Delhi: Finance Minister Arun Jaitley on Thursday hinted at merging 12 and 18 per cent tax rates under GST once revenue collections pick up and said the top 28 per cent slab would be for a "very ...

NEW DELHI: The Ministry of Finance has proposed restructuring of the existing system of Goods and Services Tax (GST) for ease of compliance, enhanced stability and better rate rationalization, ...

The 12 and 18 per cent tax slabs in goods and services tax (GST) could be merged going forward as revenues increase, thereby effectively making it a two-tier tax, former Finance Minister Arun Jaitley ...

Today (August 21), the Centre has approved GoMs' proposal on rate rationalisation, insurance taxation, and compensation cess. The government has given a green signal to the GST revamp plan with slabs ...

New Delhi: Days after the Goods and Services Tax (GST) Council in its 31st meeting cut rates on 23 items, Union Finance Minister Arun Jaitley on Monday said that India will have GST slabs of 0 per ...

The Goods and Services Tax (GST) Council's fitment committee, which is made up of central and state officials, is looking into the possibility of eliminating some of the rates, especially the 12 per ...

Income tax slabs for individual taxpayers for the financial year 2026-27 are unchanged from the current ones because Finance Minister Nirmala Sitharaman didn't propose any modifications during her ...