Rate Rationalization News Today

The GST council is scheduled to meet in November and taxation of online gambling is one of the items on the meeting agenda. Here’s what you need to know.

Even as the five-year term of compensation for states ends today, the GST Council unanimously cleared proposals that may lead to a rise in tax on some goods and services.

As if GST-rate proliferation was not bad enough, an official panel appears to have adopted a profiteering lens to suggest revisions. To rationalize this tax, let’s go by its reformist rationale