On July 1, 2017, India undertook one of its most significant tax reforms with the introduction of the Goods and Services Tax (GST), replacing a complex web of indirect taxes levied by the Centre and ...
The Act § 70106 effectively makes the 2017 doubling of the basic exclusion amount and GST exemption permanent. The Act raises the basic exclusion amount and GST exemption to $15 million in 2026, ...
https://www.thehindubusinessline.com/economy/group-of-ministers-on-rate-rejig-endorses-centres-proposal-of-two-basic-rate-structure-for-gst/article69959484.ece Copy A ...
The Centre, with the cooperation of States, will try to implement GST rate cut “as early as possible” after the GST Council meeting, said two government officials on Monday. The council is scheduled ...