Saturday , November 7 2026

Business

Business: Opposition ruled states are also against changing the GST slab | News India

[ad_1] Amid demands for reduction in GST slabs, Opposition-ruled states, including Bengal and Karnataka, see no need for amendment in the existing four-slab tax structure of GST. Meanwhile, the Group of Ministers (GoM) will discuss the demand for reduction in GST rates of restaurants, beverages and online gaming sectors. The …

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Business: Efforts underway to identify taxpayers whose turnover limit may be exceeded under GST composition scheme | News India

[ad_1] The Comptroller and Auditor General (CAG) has suggested to the Finance Ministry that a proper system should be put in place to identify high-risk taxpayers who may exceed the turnover limit in the GST composition scheme. Having said that, this exercise should be done regularly and verified from other …

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