The Centre has proposed reforms in GST by reducing the number of slabs under Goods and Services Tax (GST) to 2 (5 and 18%) ...

The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.

After starting the day on a positive note, both benchmarks pared their gains but remained in the positive territory during the session.

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...