Simplified two-rate GST Structure
Why in the News? The Group of Ministers (GoM) on Rate Rationalisation has accepted the Centre’s proposal to simplify GST into a two-rate structure. The recommendation will now be placed before the GST Council for final approval. About Goods and Services Tax (GST): Nature: Comprehensive, multi-stage, destination-based indirect tax on goods and services. Introduction: Launched… Continue reading Simplified two-rate GST Structure

