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GST rates will come down further: Sitharaman

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......

28% GST on luxury, sin goods to continue

The government intends to continue with the top GST slab of 28 per cent for luxury and sin goods, but is open to discuss narrowing down the three slabs of 5, 12 and 18 per cent into two, Revenue......

GST rate will be much more diluted than 27%: Jaitley

The GST rate will be "much more diluted" than the speculated 27 per cent and the final rate will be worked out by the GST Council, Finance Minister Arun Jaitley said on Wednesday. "I straightaway......

GST: Jaitley to meet state finance ministers tomorrow

Finance Minister Arun Jaitley will meet his state counterparts on Wednesday to discuss the roadmap for rolling out Goods and Services Tax from April 2016. Jaitley would chair a meeting of the......

GST can turn out to be a dead duck if not implemented well

The panel's recommendations question the architecture of the goods and services tax, going far beyond the arithmetic calculation, but its proposal of an interim two-rate structure is far from......

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