Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds

GST Council to soon decide on rates, slabs: FM

PTI

New Delhi, Updated At : 12:00 PM Feb 05, 2025 IST

The GST Council will soon take a decision on having fewer and lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman said on Tuesday.

Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. The Council has set up a group of ministers (GoM) to suggest changes in GST rates as well as reduce slabs. Days after presenting the Budget, the minister asserted the country’s economic fundamentals are strong and there is no structural slowdown.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by :

GST Council to soon decide on rates, slabs: FM

PTI

Unlock Exclusive Insights with The Tribune Premium