Ultimately, consumers bear the tax embedded in the final prices of goods and services. GST rates range from 0 percent to 28 percent, depending on item necessity, ensuring affordability for ...

Union Finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the process of rationalising tax slabs is nearing completion. FM Sitharaman ...

FHRAI has proposed a flexible system allowing all hotel restaurants to independently opt for either 18 per cent GST with ITC or 5 per cent without ITC, irrespective of the room rates. "With regard ...

Union Finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the process of rationalising tax slabs is nearing completion. FM Sitharaman ...

GST rate cut: Finance Minister Nirmala Sitharaman said that GST rates will be further reduced and the process of rationalising tax rates and slabs has almost reached the final stage. She ...

Finance Minister Nirmala Sitharaman announced that India is close to further reducing GST rates and reviewing slabs. She assured that the GST has not made life costlier and hinted at further ...

Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale". Photograph: ANI Photo She ...

GST rates have come down since the law was implemented in 2017, and the currently ongoing revision is also likely to lower the levy further, the union finance minister said. "At the time when the ...

She said that the revenue neutral rate (RNR) has come down from 15.8 per cent at the time of the launch of GST on July 1, 2017, to 11.4 per cent in 2023.

Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale". She said that the revenue ...