Treasurer Jim Chalmers last week announced the Productivity Commission will review the 2018 deal that gave states a guaranteed minimum share of the goods and services tax (GST). Within minutes, the ...

Hyderabad: Deputy chief minister and finance minister Bhatti Vikramarka on Wednesday emphasised the need to examine proposals to remove the 12% GST slab and reduce tax rates on certain goods and ...

The new GST rates - 5% and 18% - have replaced the previous four-tier system of 5%, 12%, 18%, and 28%. Sin goods would have 40% GST on them. After the GST Council approved a new, simplified two-slab ...

The discussions come in the backdrop of several sectors highlighting that, after the recent GST rate rationalisation, many finished goods such as FMCG products, food, and medicines now face a 5 per ...

Bhopal (Madhya Pradesh): Chief minister Mohan Yadav convened a revenue review meeting here on Monday to discuss the possible effect of GST rate reduction on the staterevenue collection. It is ...