GST Council meet to discuss rate rationalisation on Sep 9, says FM

Q: How long will it take to read this news story?

The story "GST Council meet to discuss rate rationalisation on Sep 9, says FM" has 607 words across 22 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "GST Council meet to discuss rate rationalisation on Sep 9, says FM" was covered 5 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 129 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22282171</li><li>URL: https://beamstart.com/news/gst-council-meet-to-discuss-17247690406955</li></ul>

Business Standard Logo Business Standard 5d ago

GST Council meet to discuss rate rationalisation on Sep 9, says FM - Business Standard

Quick Summary:

The Group of Ministers (GoM) on rate rationalisation under Bihar Deputy Chief Minister Samrat Chaudhary met last week and broadly converged on retaining slabs under the Goods and Services Tax (GST) unchanged at 5, 12, 18 and 28 per cent.

Finance Minister Nirmala Sitharaman on Tuesday said the GST council next month will discuss rationalisation of tax rates but a final decision on tweaking taxes and slabs will be taken later.

The panel also tasked the fitment committee -- a group of tax officers -- to analyse the implication of tinkering rates on some items and present them before the GST council.