The Union government has introduced two key bills in the Lok Sabha to overhaul the tax structure on tobacco, pan masala and related products. The move comes ahead of the scheduled expiry of the GST compensation cess that currently applies to these items. Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman will brief three ministerial groups of the Goods and Services Tax (GST) Council in New Delhi this week. The groups will discuss rate rationalisation, health and life insurance, and phasing out the compensation cess. Proposal to Simplify GST Slabs The government is considering moving from the current four-tier structure to two […]















