#gstslabs
GST Council Approves New Measures to Ease Compliance and Rationalize Tax Slabs
The Goods and Services Tax (GST) Council has approved a series of new measures aimed at easing the compliance burden for businesses in India, with a focus on reducing the registration time for MSMEs (Micro, Small, and Medium Enterprises) and start-ups. Sources confirmed to that the new policy will reduce the MSME registration time from 30 days to just three days, streamlining the process significantly. In addition, a proposal for automated GST refunds for
GST Council Approves New Measures to Ease Compliance and Rationalize Tax Slabs
The Goods and Services Tax (GST) Council has approved a series of new measures aimed at easing the compliance burden for businesses in India, with a focus on reducing the registration time for MSMEs (Micro, Small, and Medium Enterprises) and start-ups. Sources confirmed to that the new policy will reduce the MSME registration time from 30 days to just three days, streamlining the process significantly. In addition, a proposal for automated GST refunds for
Big GST Reforms Coming Soon, PMO Signals Green Light
The Prime Minister’s Office (PMO) has approved a significant overhaul of India’s Goods and Services Tax (GST) system, paving the way for major reforms to simplify the tax structure. The proposal is set to be discussed in the upcoming GST Council meeting in August. The finance ministry has already initiated discussions on the changes, which are expected to streamline the GST system and ease compliance for businesses and consumers alike.
Big GST Reforms Coming Soon, PMO Signals Green Light
The Prime Minister’s Office (PMO) has approved a significant overhaul of India’s Goods and Services Tax (GST) system, paving the way for major reforms to simplify the tax structure. The proposal is set to be discussed in the upcoming GST Council meeting in August. The finance ministry has already initiated discussions on the changes, which are expected to streamline the GST system and ease compliance for businesses and consumers alike.
GST Rates on Cigarettes, Carbonated Drinks, and Luxury Cars Likely to Rise
The Goods and Services Tax (GST) rates on certain items, including cigarettes, carbonated drinks, and luxury cars, may soon see a hike, according to government sources. This change is being considered as part of a proposal to replace the existing compensation cess with a new health and green cess, aimed at promoting sustainability and addressing health concerns. Currently, items like cigarettes, carbonated drinks, an
GST Rates on Cigarettes, Carbonated Drinks, and Luxury Cars Likely to Rise
The Goods and Services Tax (GST) rates on certain items, including cigarettes, carbonated drinks, and luxury cars, may soon see a hike, according to government sources. This change is being considered as part of a proposal to replace the existing compensation cess with a new health and green cess, aimed at promoting sustainability and addressing health concerns. Currently, items like cigarettes, carbonated drinks, an









