rationalisation

The finance ministry has started the process of deciding on a new convenor of the GoM on GST rate rationalisation, sources said. The position has been lying vacant following the change of government in Karnataka. Former Karnataka chief…

New Delhi: The NCERT consulted 25 external experts and 16 CBSE teachers to carry out its syllabus rationalisation exercise as part of which portions on the Mughals, Mahatma Gandhi, his assassin Nathuram Godse, reference to Hindu extremists…

Overhaul of the goods and services tax (GST) structure, including possible changes in the tax slabs, may now be taken up only after the 2024 Lok Sabha elections, given the number of states that are going to the polls in its run-up. “No…

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In a pre-Budget presentation to the Finance Ministry, the US-India Strategic and Partnership Forum (USISPF) raised the need for FM Nirmala Sitharaman to simplify and rationalise India's direct and indirect taxation systems.The USISPF is an…

File image for representation. | Photo Credit: K. K. Mustafah India Cellular and Electronics Association (ICEA) has batted for rationalisation of duties on parts and components of mobile phones and sub-assemblies, saying some of the…

The Indian steel industry employs over 5 lakh people directly and close to 20 lakh indirect employment.A revision of the export duty during the Budget 2023 will help the industry tide away the inflationary pressureThe steel industry has…

The finance ministry is looking at rationalising long-term capital gains tax structure by bringing parity between similar asset classes and revising the base year for computing indexation benefit to make it more relevant, an official said…

Existing policy around building hotels and use of land is extremely inefficient, he says Existing policy around building hotels and use of land is extremely inefficient, he says India needs to rework its hospitality policy, especially…

The GST Council, chaired by Finance Minister Nirmala Sitharaman, is scheduled to meet on June 28 and 29 in Srinagar.The Group of Ministers will, however, present a status report to the GST Council on the consensus which was arrived at the…