Finance Minister Nirmala Sitharaman on Thursday said the proposed Health and National Security Cess will be levied only on demerit goods, like pan masala, and not on essential commodities, and revenue ...
This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...
New Delhi: Union finance minister Nirmala Sitharaman on Thursday said that proposed health and national security cess will be levied only on demerit goods, like pan masala, and not on essential ...
The GoM panel in its first meeting earlier this month discussed treatment of GST compensation cess post-March 2026, when the current regime ends. The panel debated extending the cess as a levy or tax ...
Hosted on MSN
GoM backs GST simplification: Proposal to cut tax slabs to two rates, add 40% for demerit goods
The Group of Ministers (GoM) on GST rate rationalisation supported the Union Government’s proposal on Thursday to simplify the GST structure. The proposal suggests reducing tax slabs from four (5%, 12 ...
In the context of a re-examination of the conceptual and political foundations of merit/demerit goods, this paper attempts to identify how far they might take us in understanding, explaining, and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback