7 pm News Flash – August 18, 2025

6 pm News Flash – August 18, 2025

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Uploaded 3 hours ago

Duration: 0h 2m 8s

18% slab to contribute lion's share of GST revenue

Name: 18% slab to contribute lion's share of GST revenue
Uploaded: Mon, 18 Aug 2025 15:39:59 +0530
Channel: Rediff Video Desk
Description: The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source.At present, the Goods and Services Tax (GST) follows a four-tier structure with rates of 5 per cent, 12, 18, and 28 per cent.

The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. At present, the Goods and Services Tax (GST) follows a four-tier structure with rates of 5 per cent, 12, 18, and 28 per cent.

Uploaded by: Rediff Video Desk on Mon, 18 Aug 2025 15:39:59 +0530

Views: 33

Tags: 18% slab to contribute lion's share of GST revenue

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