Latest News for: slab

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PM’s Diwali Gift: Only 2 Slabs likely in New GST Framework

The Times of India 16 Aug 2025
India plans to move to a two-slab goods and services tax ...
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What GST 2.0 means for you: Two slabs, lower taxes by Diwali- how will it ...

The Economic Times 16 Aug 2025
What GST 2.0 means for you. Two slabs, lower taxes by Diwali- how will it impact your wallet ... .
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PHOTOS: Kingsland Slab reopens

DailyTrib 16 Aug 2025
... better known as Slab Road, on Friday, Aug ... The Slab is a popular swimming hole for locals ... Kingsland Slab, Slab Road.
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12% & 28% GST slabs set to go, sin goods face 40% levy

The Times of India 16 Aug 2025
Broadly, tax incidence will come down because rates on bulk of the items in 12% and 28% slabs will come down,' a senior govt official said. The plan is to move 99% of the mass-use items in 12% slab to 5% bracket, with a small set moving to 18%.
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GST reforms: Centre mulls 2-slab tax structure; Congress claims credit, cites Rahul Gandhi's 2018 tweet

The Times of India 16 Aug 2025
Prime Minister Narendra Modi’s Independence Day promise of cheaper daily-use items through a simplified two-slab GST structure, pitched as “next-generation reforms” and a Diwali gift for the nation, ...
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GST reform: Industry hails PM Modi’s slab cut plan; experts see relief for MSMEs and consumers

The Times of India 16 Aug 2025
The proposal includes scrapping the current 12% and 28% rates, leaving two core slabs, 5% and 18% ... The overall rationalisation into fewer slabs is very much on the cards because we have to prepare for Viksit Bharat @ 2047...
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GST Shake-Up: Government Plans Two-Slab GST, To Scrap 12%, 18% Slabs

NDTV 15 Aug 2025
About 99% of items currently taxed at 12% will move to the 5% category, sources said ... .
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India to simplify GST: Finance Ministry proposes two-slab system with special rates for select items

The Times of India 15 Aug 2025
The government has proposed a ...
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GST Reforms: Two-Slab Structure, Automated Returns Part Of Finance Ministry's Mega Plan

NDTV 15 Aug 2025
The ministry described the new GST roadmap as a "three-pillar blueprint" aimed at making the system more transparent, stable, and citizen-friendly ... .
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GST Council may drop 12% slab, more tax reforms in September meeting: Sources

India Today 15 Aug 2025
GST Council may drop slab more tax reforms in September meeting Sources ... .
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Govt mulls GST simplification with two slabs of 5% and 18%

The Times of India 15 Aug 2025
5% and 18%. .
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Centre Proposes Reducing GST Slabs From 4 To 2, May Retain 5%, 18%: Sources

NDTV 15 Aug 2025
The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained - 5 per cent and 18 percent - as per sources ... .
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Government proposes 5%, 18% GST slabs; tobacco at 40%, relief for farmers: Sources

India Today 15 Aug 2025
Government proposes GST slabs tobacco at relief for farmers Sources ... .
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Centre's Landmark GST Overhaul Plan: How Multi-Slab System May Give Way To Two-Rate Structure

News18 15 Aug 2025
The new plan, which has been sent to the GST Council and the Rate Rationalisation Group of Ministers (GoM), suggests a shift to a two-rate structure of 5% and 18% ... .
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Govt Weighs Two GST Slabs Of 5% And 18%; Sin Goods May Attract 40%: Sources

News18 15 Aug 2025
The Centre proposed a two-slab GST rate with special rates for select items ... .

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