Sunday, Sep 20, 2020 | Last Update : 10:54 AM IST

179th Day Of Lockdown

Maharashtra114584081235431351 Andhra Pradesh6095585198915244 Tamil Nadu5309084757178685 Karnataka5029823940257808 Uttar Pradesh3362942632884771 Delhi2347011981034877 West Bengal2155801870614183 Odisha167161133466722 Telangana1670461353571016 Bihar164224149722855 Assam150349121610528 Kerala12221687341490 Gujarat119088999083271 Rajasthan109088906851293 Haryana103773816901069 Madhya Pradesh97906743981877 Punjab90032658182646 Chhatisgarh7777541111628 Jharkhand6710052807590 Jammu and Kashmir5971138521951 Uttarakhand3713924810460 Goa2678320844327 Puducherry2142816253431 Tripura2069612956222 Himachal Pradesh11190691997 Chandigarh92566062106 Manipur8430653951 Arunachal Pradesh6851496713 Nagaland5306407910 Meghalaya4356234232 Sikkim2119178923 Mizoram15069490
  Business   Economy  08 Jun 2018  Working to rationalise GST rates, says Shiv Pratap Shukla

Working to rationalise GST rates, says Shiv Pratap Shukla

ANI
Published : Jun 8, 2018, 12:00 pm IST
Updated : Jun 8, 2018, 12:00 pm IST

The MoS Finance said a big announcement from the government regarding GST is imminent.

Minister of State (MoS) for Finance Shiv Pratap Shukla said the GST Council is working towards rationalising the Goods and Service Tax (GST) rates. (Photo: PTI)
 Minister of State (MoS) for Finance Shiv Pratap Shukla said the GST Council is working towards rationalising the Goods and Service Tax (GST) rates. (Photo: PTI)

New Delhi: Minister of State (MoS) for Finance Shiv Pratap Shukla said the GST Council is working towards rationalising the Goods and Service Tax (GST) rates.

Addressing a gathering at the 7th edition of Delhi SME Finance Summit organised by the Confederation of Indian Industry (CII) here, the MoS Finance said a big announcement from the government regarding GST is imminent.

 

"The GST Council is working towards rationalising GST rates. An announcement from the government regarding GST is imminent," the MoS Finance said.

Currently, the GST is divided into four tax slab i.e.- 5 per cent, 12 per cent, 18 per cent and 28 per cent. Earlier in January, the GST Council, in its meeting, decided to slash the rates on 54 services and 29 items. In November 2017 meeting, the GST council had removed 178 items from the highest 28 per cent category.

Tags: minister of state, shiv pratap shukla, finance ministry, goods and service tax
Location: India, Delhi, New Delhi