Changes in GST rates to be applicable from 18 July
The Bommai panel deferred making suggestions on any major tax rate rejig in its interim report in view of the prevailing inflation
Source: livemint.com
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The growing case for the end of GST compensation
Goods and services tax (GST) collections have picked up across states, narrowing their revenue shortfall, and eroding their case for a continuation of the compensation cess.
Source: livemint.com
Corporate profiteering to be in focus at GST meet
The ministerial panel led by Karnataka CM Basavaraj Bommai working on the restructuring of GST rates will examine whether companies passed on rate cuts in the past, before recommending changes to tax slabs
Source: livemint.com
Slippery on oil prices, govt puts off GST slab merger
The 15th finance commission led by N.K. Singh had also pressed for a three slab goods and services tax structure
Source: livemint.com