Victoria will become a ‘mendicant state’ next financial year, receiving a $3.9 billion boost in GST as Queensland suffers a $2.4 billion reduction in funding.
For the first time, Victoria shifts to become a relative beneficiary in a new carve-up of the GST, and will receive a ...
While lower GST could help increase penetration of insurance, some experts call for controlling medical inflation as well ...
Finance Minister Sitharaman announces further reduction in GST rates, nearing finalization of rationalization process, aiming ...
Finance Minister Nirmala Sitharaman said that the government is very close to taking a final decision on some very important ...
Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slab..
With Finance Minister Nirmala Sitharaman asserting that the GST rates will come down further, the Congress on Sunday said any changes in the tax must be more comprehensive than a mere rate reduction ...
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. "It will come even further down," the ...
India’s consumers could soon enjoy a cut to goods and services tax, as a years-long review of the tax system finally concludes.
The introduction of Section 74A (11) in the GST law standardizes the time limits for issuing show cause notices and passing orders, providing a more taxpayer-friendly approach. However, the new ...